Dividends and interest received from U.S debt obligations can be deducted on many state tax returns.

Foreign trust reporting obligations can apply to a domestic trust established even within the US and the recent regulations ...

There are several personal, trust and corporate income-tax-filing extensions for Canadians this year. Which ones apply to you?

Earlier this month, the Internal Revenue Service (IRS) abruptly advised millions of taxpayers to hold off on filing their 2022 tax return. The reason? A number of states had issued one-time tax ...

More Americans are dealing with estate and trust taxes as their baby boomer parents and older loved ones pass away. The number of income tax returns for estates and trusts (Form 1041) increased by ...

IRS to offer free tax filing in competition against much-criticized TurboTax IRS Direct File pilot in 2024 is for taxpayers with simple returns in 13 states.

A do-it-yourself approach to filing a trust return is risky, experts warn, adding that errors could have long-lasting tax and legal consequences ...