At Colucci Associates, we specialize in providing comprehensive Trust & Estate tax preparation services. Whether you’re dealing with estate planning, fiduciary responsibilities, or trust filings, our team ensures your taxes are filed accurately, efficiently, and in full compliance with all federal and state regulations.
We assist with the preparation and filing of the estate tax return, ensuring compliance with IRS regulations for estates of all sizes. Our team ensures the return reflects the accurate value of the estate's assets and liabilities.
We prepare and file Form 1041 for trust income tax returns, ensuring that all income, deductions, and distributions are accurately reported to the IRS, minimizing the tax burden for the trust.
Our services include fiduciary tax returns for estates and trusts, ensuring that the fiduciary (executor, administrator, or trustee) meets all tax reporting requirements for income and asset distributions.
We offer proactive tax planning services to minimize the estate or trust tax burden. Our team helps you implement strategies that reduce liabilities and ensure tax efficiency.
If your estate or trust faces an IRS audit, we offer complete audit support, helping you gather the required documentation and ensuring the process runs smoothly.
We provide ongoing consultation for fiduciaries and beneficiaries, answering questions and offering tax planning strategies for future filings, ensuring your trust or estate remains in good standing.
We begin with a thorough consultation to review your estate or trust’s financials and gather all necessary documents, including asset lists, liabilities, and prior tax filings.
Our team prepares the appropriate forms, including IRS Form 1041 for trust income taxes and Form 706 for estate taxes, ensuring all calculations are accurate and compliant with current tax laws.
We conduct a detailed review of the returns, verifying that all necessary deductions, credits, and distributions have been accounted for, and ensure that all information is correct before submission.
After the review, we file the trust or estate tax returns with the IRS and state authorities, ensuring all filings are submitted on time and in full compliance with tax regulations.
We offer proactive tax planning to help reduce future tax liabilities for your estate or trust, ensuring strategies are in place for asset transfers, charitable contributions, and other tax-saving opportunities.
After the returns are filed, we offer ongoing support to address any questions or concerns, including audit support and continued tax planning as circumstances change.
We handle all types of trust and estate tax filings, including Form 1041 for trust income taxes and Form 706 for estate taxes, covering both small and large estates.
Yes, we offer multi-state tax filing support for trusts and estates, ensuring compliance with state tax regulations in all applicable jurisdictions.
We offer proactive estate tax planning strategies, including asset valuation, deductions, credits, and charitable contributions, designed to minimize the overall tax burden on your estate.
We provide full audit support, helping you gather the necessary documentation and ensuring all forms are correct and compliant during the audit process.
Yes, we provide ongoing consultation and tax planning services, answering any questions and helping you make tax-efficient decisions in the future.
