Whats My Potential Exposure To Estate Taxes Summarizing Data Your Accountant Needs To Estimate Your Estate Taxes(1st Edition)
Authors:
Teresa M OBrien
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ISBN: 1737943212, 978-1737943211
Book publisher: O'Brien Consulting Group, LLC
Whats My Potential Exposure To Estate Taxes Summarizing Data Your Accountant Needs To Estimate Your Estate Taxes 1st Edition Summary: What’s My Potential Exposure to Estate Taxes?What’s My Potential Exposure to Estate Taxes? is designed specifically for people who have significant assets and want to assess the magnitude of their potential exposure to future estate taxes. Do not use your net worth as a sole guide for determining your potential estate tax bill. The IRS values many assets differently for estate tax purposes than a net worth calculation does.What’s My Potential Exposure to Estate Taxes? will help organize your assets and liability information so you and your accountant can understand how much of your estate might be subject to taxes. It’s like having a guide to help you help your accountant with information on one aspect of your wealth preservation. Save your accountant time and yourself money by pulling together this information for your accountant. What’s My Potential Exposure to Estate Taxes? summarizes your information consistent with IRS Form 706 for calculating estate taxes. The information is divided into 2 key areas –Estimating total gross estate andEstimating allowable deductionsEach of the subsections in these two key areas contain tables that correspond to the specific schedule in IRS Form 706 for calculating estate taxes. Once completed, this book can be a ready-reference for you going forward.
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