We are a full-service tax preparation firm, offering Individual, Business, Estates and Trusts and Tax-Exempt entities services.
Estates and trusts are taxed at either the entity or beneficiary level depending on whether income is allocated to principal or distributable income and whether it is distributed to beneficiaries. Estates and trusts file Form 1041, U.S. Income Tax Return for Estates and Trusts.
Most organizations exempt from income tax under section 501(a) are required to file Form 990, Return of Organization Exempt From Income Tax. This includes charitable, religious, scientific, literary and other organizations exempt under IRC section 501(c)(3).