Trusts Still Have Time to Reduce 2024 Tax Liabilities by Rick Bazzani, CPA
Posted on February 18, 2025 by Rick Bazzani
Generally, the taxes you owe depend on the decisions you made before year-end on December 31. However, as you prepare to file your 2024 tax returns, certain trusts and estates may have an additional 65 days in 2025 to reduce their tax liabilities and those of their beneficiaries for the prior year. Under the Internal […]