What is IRD – The Burns Firm – Advisors of Complex Financial Matters

Watch out for “income in respect of a decedent” issues when receiving an inheritance

April 30th, 2024|Categories: Burns Firm, CPA, CPA Dallas, CPA near me, CPA Texas, CPADallas, Dallas CPA, Income in Respect of a Decedent, Inheritance, IRD, Tax, Tax Advisor, Texas CPA, The Burns Firm|Tags: cpa near me, Dallas CPA, Income in Respect of a Decedent, Inheritance, IRD, tax advisor, Tax on Inheritance money received, Texas CPA, The Burn Firm, What is IRD|

Most people are genuinely appreciative of inheritances, and who wouldn’t enjoy some unexpected money? But in some cases, it may turn out to be too good to be true. [...]