by Turquoise Tax Systems | Jun 17, 2026 | Business Tax
100% Free Federal. $14.99 State. Direct IRS E-File. FreeTaxUSA.com An estate becomes a separate taxable entity at the moment of death. A personal representative manages the estate, handles tax filings, and ensures proper distribution of assets. Estate income tax...
by Turquoise Tax Systems | Jun 17, 2026 | Business Tax
100% Free Federal. $14.99 State. Direct IRS E-File. FreeTaxUSA.com A final income tax return must be filed for a decedent if they met the filing requirements at the time of death. If death occurs during filing season and the prior‑year return has not yet been filed,...
by Turquoise Tax Systems | Jun 17, 2026 | Business Tax
100% Free Federal. $14.99 State. Direct IRS E-File. FreeTaxUSA.com A Simplified Employee Pension (SEP) allows employers to contribute to retirement accounts for themselves and their employees. Contributions are made to individual SEP‑IRAs, which employees own and...
by Turquoise Tax Systems | Jun 17, 2026 | Business Tax
100% Free Federal. $14.99 State. Direct IRS E-File. FreeTaxUSA.com A SIMPLE plan allows small employers with 100 or fewer employees to offer retirement savings through salary reduction contributions and required employer contributions. Employers cannot maintain...
by Turquoise Tax Systems | Jun 17, 2026 | Business Tax
100% Free Federal. $14.99 State. Direct IRS E-File. FreeTaxUSA.com A qualified retirement plan is an employer‑sponsored plan that provides tax‑favored retirement savings. These plans follow specific rules for contributions, participation, and benefits. Employers may...