Are Estate Planning Costs Tax Deductible in Orem UT Estate Planning Lawyer 801-676-5507 IRS

Are Estate Planning Costs Tax Deductible in Orem UT Estate Planning Lawyer 801-676-5507 IRS 

 
 
 
 
 
 

Are estate planning costs tax deductible

 
 

 

 
 

http://slcestateplanning.com

 
 

 

 
 

Top reviewed American Fork UT Probate Attorney explains Are Estate Planning Costs Tax Deductible by the IRS?

 
 

 

 
 

 

 
 

Short answer is yes.  Also, the means to deduct your estate planning fees, the Code requires that estate planning fees need to be for the purpose of the following three factors: First, they have to be for the production or collection of income – 2nd — they have to be for the express purposes of management, conservation or maintenance of property which is owned and controlled to produce income – or, 3rd, it must connect to the determination or collection or refund of any taxes.

 
 

 

 
 

If you can meet these elements, you are good to go.

 
 

 

 
 

The best source to look over if you really want to get into it – pub 529 states clearly that you can’t go over the two percent maximum that I explain in the video and it also helps you understand how you can deduct estate planning costs from your taxes now.

 
 

 

 
 

I hope you found this helpful – if you did,   Please like this video.  If you have other questions, please let me know and I will produce more videos to answer your questions.

 
 

 

 
 

Remember, if you live in West Jordan, South Jordan, Salt Lake City, Herriman, Sandy, Midvale, Riverton, Draper, Copperton, Magna, Alpine, Lehi, Tooele, North Salt Lake, Bountiful, Woods Cross, Lindon, Centerville, Orem, Bluffdale, Park City, Farmington, Provo, Kaysville, Layton, Syracuse, Clearfield, Hill AFB, or Grantsville we are here to assist you with your estate plan.

 
 

 

 
 

Call Now 801-676-5506

 
 

 

 
 

location : 8833 So. Redwood Road, WJ, Utah 84088

 
 

 

 
 

This episode is for Bountiful Utah entreprenuers who need an Estate Planning Attorney

 
 

 

 
 

Thanks …

 
 

 

 
 

Remember, if you live in West Jordan, Holladay, South Jordan, Bingham Canyon, Pepperwood, Cottonwood Heights, Salt Lake City, Sandy, Midvale, Riverton, Draper, Copperton, Magna, Alpine, Lehi, Tooele, North Salt Lake, Bountiful, Woods Cross, Lindon, Centerville, Orem, Park City, Farmington, Provo, Kaysville, Layton, Syracuse, Clearfield, Hill AFB, or Grantsville we are here to assist you with your estate plan.

 
 

 

 
 

#UtahEstatePlanning

 
 

#AscentLawFirm

 
 

#MikeAnderson

 
 

 

 
 

Are Estate Planning costs tax deductible

 
 

Are Estate Planning costs tax deductible

 
 

Are Estate Planning costs tax deductible

 
 
 
 
 
 
Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s