Tax Accountants at Brady and Company, P.C. offer estate tax return services.
In addition to our Income and Corporate tax clients we also handle estate tax returns. Estate tax returns are a mix of income statements and balance sheets together to determine the correct estate amount. This is no easy feat, one has to have competent and accurate valuations and a complete update of the income and expenses before and after the date of death to determine the amount the estate claims and the amount to be included on the last income tax return. After that is determined, then there is the undertaking of concluding if the estate is taxable federally, state or both. We have experience in computing the estate return and maximizing the return to ease the tax burden on the estate and the heirs. This is truly an area where our 50 years of practice is an asset to our clients.