Month: January 2018

Trust and Estate Distributions Before March 6, 2018 Can Reduce Taxes

Posted Tuesday, January 9th, 2018
A trustee may be able to reduce income taxes by making a distribution of income from a trust to beneficiaries by March 6, 2018.  Similarly, an estate that reports its income on the basis of a calendar year may be able to reduce income taxes by distributing income to one or more beneficiaries by March 6, 2018. Trust or estate income that…