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I was executor for an estate in new jersey house was sold for under 200,000 it is the only asset from the estate does tax have to be paid

1 Answers. Asked on Jan 28th, 2016 on Taxation - New Jersey
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Do i have to file for estate or income tax on the estate. the whole estate was under $200,000
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Answered on Jan 29th, 2016 at 5:24 AM

We have tax attorney and CPA on staff who can answer any estate questions. He would have to speak with you to get the proper information. Ed Dimon

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When should you hire taxation lawyers? Tax attorneys can assist individuals and businesses in a number of situations. Start-up businesses should talk to a tax lawyer to understand the tax implication of various business structures. Companies should also seek legal counsel on issues related to payroll taxes, sales taxes, use taxes and international tax issues. Individuals and couples can benefit from a tax lawyer's advice when engaged in estate planning, if you may have committed tax fraud, or if you're facing an Internal Revenue Service (IRS) or state tax audit.
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