Learn about important tax considerations following a spouse’s death.
- June 23rd, 2016
- David Greene
- Comments Off on Learn about important tax considerations following a spouse’s death.
There are four important tax considerations one needs to consider following the death of a spouse. First, if you haven’t already filed your income tax return, you can still file a joint tax return for the year in which the…
Is a Personal Representative ever liable for the delinquent taxes of the deceased?
- February 17th, 2016
- David Greene
- Comments Off on Is a Personal Representative ever liable for the delinquent taxes of the deceased?
If the deceased owes delinquent taxes at death, the IRS must file a claim for taxes owed by that decedent just as any other creditor must. They can collect out of the estate, but not from the Personal Representative’s personal…