by Teddar S. Brooks | Apr 11, 2017 | How To
(E.g accrued interest on a bond) As stated in the “Fiduciary Accounting Answer Book,” Q7:8 on page 7004: “When a fiduciary (executor or trustee) receives income . . . after a decedent dies, the fiduciary must allocate the items that were due before death . . . to...
by Teddar S. Brooks | Apr 11, 2017 | How To
In allocating receipts of short term capital gain distributions from mutual funds and REITs, you must consider the following: Reference pages 8002-8003 of the book entitled “Fiduciary Accounting Answer Book,” (2013 edition), Q8:5 addresses this question directly....
by Teddar S. Brooks | Jul 6, 2011 | How To, Tax
Online Resources to Identify Missing Heirs (TEdec Times, Summer 2011) See the attached listing (for free or partially free) online resources for locating missing heirs. Online Resources Websites [ Click Here ]...
by Teddar S. Brooks | Jul 1, 2011 | How To, Tax
P-TIN Required (TEdec Times, Summer 2011) New regulations now require (beginning Jan. 1, 2011) all paid tax return preparers (including attorneys, CPA’s and enrolled agents) have to apply for a Preparer Tax Identification Number (P-TIN), which must be included...
by Teddar S. Brooks | Jun 20, 2011 | How To, Tax
Online Resources To Identify Missing Heirs See the attached listing (for free or partially free) online resources for locating missing heirs. Online Resources Websites – Click...
by Teddar S. Brooks | Jun 23, 2010 | How To, Tax
Contingent Claims and Expenses – Final Regulations Under IRC Sec. 2053 (TEdec Times, Summer 2010) The IRS has issued final regulations under IRC Sec. 2053, T.C. 9468, 74 Fed. Reg. 53652 (Oct. 20, 2009), identifying requirements for a valid contingent claim or expense...
