Tax, Newsletter

Someone has passed Away - Now What?

Coping with the loss of a loved one is difficult. Often, dealing with income tax filing requirements is the farthest things from people’s minds. However, the income tax liability associated with one’s final tax return is often quite significant. If deadlines are missed, undue penalties and interest will result. This month’s newsletter will review the first steps that representatives should take following the death of a loved one. You can find our latest newsletter here