What We Offer
Estate Tax Services
Final Step Tax provides focused, IRS-facing tax services for estates, trusts, and the individuals and businesses left behind. Each engagement begins with an assessment so you know exactly what filings are required before any work begins.
Estate Tax Assessment
A comprehensive review designed to identify the tax filing responsibilities that may exist following a death.
SERVICES INCLUDE
IRS transcript review
Review of available records
Written Post-Death Tax Assessment Report
Filing requirement analysis
Identification of missing returns
Recommended next steps
Final Individual Income Tax Returns
Preparation of final individual income tax returns for deceased taxpayers, including applicable state filings when required.
SERVICES INCLUDE
Final Form 1040
Prior-year individual returns
State income tax returns
Estate & Trust Income Tax Returns
Preparation of fiduciary income tax returns for estates and trusts.
SERVICES INCLUDE
Form 1041 preparation
Estate and trust income allocation
Beneficiary reporting
Estate Tax Returns
Preparation of federal estate tax returns.
SERVICES INCLUDE
Form 706 preparation
Coordination with estate administration professionals
Portability elections
Gift Tax Returns
Preparation of federal gift tax returns.
SERVICES INCLUDE
Form 709 preparation
Gift tax filing compliance
Review of reportable gifts
Business Closure Returns
Preparation of required tax filings when a sole proprietorship, partnership, LLC, or corporation is closed as part of estate or trust administration.
SERVICES INCLUDE
Final business tax return preparation
Payroll and information return compliance
Business termination filing requirements
Coordination with estate and trust tax filings