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Thanks for the feedback. I understand the consensus that equating a grantor trust with an estate is a stretch.I'll check with the attorney but I am assuming a c...
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Pulled from Realized Marketplace post "Can an Estate Use a Section 121 Exclusion?"From Section 121 Exclusion called 1.121-1(c)(3)(l):Trusts. If a residence is o...
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Married client with 3 kids died Dec 30, 2021 with no will; all property was in client's name. Attorney created an estate. Assets include commercial property(res...
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I have a C Corp whose fiscal year ends June 30. How do I report the PPP loan forgiveness if granted by filing date?I assume I reduce Wage, Utilities, and Rent e...
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Not to be a smarty pants.......but shoudn't it be "Ctrl W"?!?!