Fiduciary Tax Planning and Preparation

At DeFreitas & Minsky CPA, we offer comprehensive fiduciary tax planning and preparation. If you have questions, we have the answers. Our certified public accountants, who have years of experience with fiduciary tax planning and preparation, will guide you through the fiduciary process.
Our clients rely on us because of our integrity and our commitment to helping them reach their fullest financial potential. We create strong bonds with our clients, so we are on the same page every step of the way. Our accountants create company-specific plans, so our clients know their family-owned business is secure. We proudly serve, but do not exclude, Long Island and the Greater New York Area.

What is a fiduciary?

A fiduciary is a person or institution given the power to act on behalf of another in situations that require great trust, honesty, and loyalty. Fiduciaries include accountants, attorneys, bankers, business advisors, financial advisors, mortgage brokers, and real estate agents. These individuals act in another person’s best interest by setting aside their own interests. Other types of fiduciaries include executors, trustees, and surrogates.

One of the fiduciary’s major duties is to ensure federal and state taxes and other financial obligations are paid before the estate or trust is passed to the heirs. At DeFreitas & Minsky CPA, our fiduciary tax planning and preparation services will provide a path to greater financial health for all parties involved.

The fiduciary of an estate must file Form 1041 if the estate had more than $600 in taxable income. With trusts, the fiduciary must file Form 1041 if the trust had any taxable income.

Our fiduciary tax planning and preparation services

  • Structuring trusts and foundations for comprehensive wealth transfer planning
  • Assisting individual trustees and executors with fulfilling their roles and responsibilities
  • Assisting tax-exempt entities with compliance
  • Tax compliance for trusts, estates and foundations
  • Trust and estate administration
  • Structuring gifts, bequests and beneficial transfers to charitable organizations

At DeFreitas & Minsky, LLP, we are available to provide fiduciary tax planning and preparation to fit your specific needs. By combining our qualified accounting expertise with a commitment to personal service, we can help you make important decisions at an important time.

For more information on fiduciary tax planning and preparation or to schedule an appointment, call DeFreitas & Minsky, LLP at (516) 746-6322.

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Get In Touch

Have a question? We have the answer. Feel free to contact us using our info below. We'll be in touch as soon as possible.

Office

30 Jericho Executive Plaza
Suite 500W
Jericho, NY 11753

Call Us

(516) 746-6322

Email Us

info@dmcpallp.com

Fax

(516) 746-8679

Hours

Mon thru Fri | 9am - 5pm
Sat & Sun | Closed