Maximize Compliance, Minimize Tax Burden


Who Needs Estate & Trust Tax Preparation Services?

If you are a(n):

  • Executor or trustee managing an estate or trust.
  • Beneficiary navigating tax implications of inheritance.
  • Attorney or financial advisor seeking CPA expertise for clients.

We provide customized tax solutions to protect assets and ensure efficient tax compliance.


Why Choose Anderson, Davis & Associates, CPA?

  • Experienced CPA Firm – Expertise in IRS Forms 1041 and 706 and fiduciary tax return filings.
  • Minimized Tax Liabilities – Strategic tax planning for estates and trusts to reduce tax burdens.
  • Seamless Process – Guidance through tax complexities, including trust/estate distributions & income taxes on inherited property.
  • Compliance & Accuracy – Ensuring error-free filing and compliance with federal & state regulations.

Estate & Trust Tax Services We Offer:

  • Estate Tax Returns (Form 706) – Federal & state estate tax preparation and filing.
  • Trust Tax Returns (Form 1041) – Compliance-focused preparation for irrevocable trusts.
  • Beneficiary Tax Planning – Strategies to optimize distributions and reduce tax exposure.
  • Charitable Trusts & Foundations – Specialized tax strategies for charitable giving.
  • IRS Audit Support – Expert representation in case of IRS inquiries.

FAQs: Estate & Trust Tax Preparation & Returns:

Q: When is an estate or trust required to file a tax return?

A: Trusts and estates must file IRS Form 1041 if they earn more than $600 in annual income. Estate tax returns (Form 706 and Maryland form MET-1) may be required based on the estate’s total value.

Q: How can I minimize estate and trust taxes?

A: Strategies include distributing income efficiently, leveraging deductions, and utilizing estate tax exemptions.

Q: What is the deadline for estate & trust tax returns?

A: Form 1041 is due April 15 for calendar-year trusts/estates. Extensions for fiscal year returns may be available.


Navigating Estate & Trust taxes can be complex — Let Anderson, Davis & Associates, CPA guide you.

Call: (410) 766-2645

Email: info@andersondaviscpa.com

Office: 1406 B Crain Highway South, Suite 204, Glen Burnie, MD 21061