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Technical

Tax Planning Opportunities for Tax Attributes and the Decedent’s Final Tax Return Logo aicpa

  Amy I. Kinkaid, CPA, J.D., MT, and Charles E. F... |   Free |   AICPA |   01 Dec 2016 |   Tax Adviser Magazine

Some tax attributes, such as net operating losses attributable to the decedent, may be lost when a decedent-taxpayer dies, but proper planning for elderly or sick clients can allow practitioners to realize substantial tax savings for these clients. This article guides you through some things to be aware of.

Topics covered:
  • Tax: Technical: Individual income taxation : Reporting & filing requirements, Intermediate
  • Personal financial planning: Technical: Estate planning: Process, taxation & strategies, Intermediate
  • Tax: Technical: Taxation of estates & trusts: Estate tax, Intermediate

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