Estate and trust taxation requires both technical expertise and a compassionate touch. At Thompson Tax & Trust, we handle your tax details with professionalism, ensuring your assets, beneficiaries, and long-term intentions are honored and protected.
Basic Fiduciary Returns (Form 1041):
Preparation and filing of U.S. Income Tax Returns for Estates (Form 1041) for estates following the death of a loved one, ensuring compliance with IRS requirements for basic estate income reporting.
Portability Election Filing (Form 706)
Assistance with preparing and filing Form 706 to elect portability of a deceased spouse’s unused exclusion (DSUE) amount, allowing surviving spouses to utilize the deceased spouse’s estate tax exemption.
Beneficiary Distribution Reporting (Schedule K-1)
Preparation of Schedule K-1 forms for beneficiaries of estates, detailing their share of income, deductions, and credits for inclusion in their personal tax returns.
Post-Death Tax Filing Guidance
Providing clear, step-by-step advice to executors or administrators on the tax filing requirements after a loved one’s passing, including identifying necessary forms and deadlines for basic estate tax obligations.
A properly managed estate plan ensures your loved ones are cared for and your wishes are carried out smoothly — without unnecessary tax burdens or complications.
Secure your family’s future with expert guidance.
☎️ Contact us today to discuss estate or trust taxation with one of our CPAs.
Testimonials from the people we serve—individuals, small businesses, and estates & trusts—on our responsive service, clear explanations, and on-time results.
“Patient, clear, and senior-friendly. They walked me through Social Security and RMD questions, found deductions I’d missed, and handled everything on paper just how I like. Easiest tax season I’ve had.”
“As a new LLC owner, I needed help fast. They set up my S-Corp election, fixed my books, and mapped out quarterly estimates so there are no surprises. Professional, responsive, and affordable.”
“After my father passed, I had no idea where to start. They guided me through the estate, prepared the 1041 return, coordinated with our attorney, and explained each step in plain English. A huge relief.”
“I emailed at 9 pm and had a detailed reply the next morning. Transparent pricing, on-time filing, and practical advice I can actually use. I’ve already referred two friends.”
CPA firm serving individuals, small businesses, trusts and estates across Southern Utah. Senior-friendly guidance, accurate filings, and year-round planning — all designed to help you keep more for what matters most.
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