Income
Posted on March 23, 2012
Executors Held Personally Liable for Unpaid Taxes
In a recent federal District Court case, the co-executors of a decedent’s estate were held to be personally liable for the decedents…
Categories
Category: Probate
Posted on January 30, 2010
Income Taxation of Estates – a Brief Overview
In North Carolina it is not uncommon for persons to handle administration of a decedent’s estate without hiring a lawyer or an…
Categories
Category: Probate
Posted on October 14, 2008
Should You Roll Your 401(k) Over into an IRA?
Once you cease working for an employer, you have the option of rolling over to an Individual Retirement Account (IRA) any retirement…
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Category: IRAs
Posted on June 8, 2007
U.S. Supreme Court to Decide on Trust Investment Fees
On June 25 the U.S. Supreme Court agreed to hear a case on whether the investment expenses of trusts are fully deductible…
Categories
Category: Trusts
Posted on January 31, 2007
Big Tax Losses in 2008? Consider a Roth Conversion
Self-employed persons or small business owners such as home builders with big tax losses for the year should consider converting their traditional…
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Category: Financial Planning
