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Tax Services

Estates & Trusts

Abdo professionals guide you to the smartest way to prepare for your road ahead—and for generations to come.

For many individuals, there’s nothing more important than establishing financial security for your loved ones. For business owners, succession planning facilitates a smooth transition of ownership and business continuity. Our expert, forward-thinking team knows the best ways to protect your assets during a change.

We are consistently in sync with changes in estate and trust tax laws, and know how to protect your assets and minimize tax liabilities for your estate—and your heirs. We work with you and your attorney to help you understand the tax implications of your current estate plan and offer recommendations based on the current tax law situation.

Whether we’re offering guidance for your trust, estate, or gift tax return preparation; offering direction on wealth transfer strategies; or consulting with your attorney or financial advisor, we will give you and your family the confidence to navigate the future.

Abdo Insights

A behind-the-numbers view of best practices and holistic thinking.

The Coronavirus State & Local Fiscal Recovery Funds Final Rule

On January 6, 2022, the US Treasury released the Coronavirus State and Local Fiscal Recovery Funds Final Rule. The Final Rule is effective April 1, 2022, and provides much-anticipated clarification. The Interim Final Rule is still effective through March 31, 2022, but the Final Rule can be implemented prior to its effective date.

Could Your Food, Beverage, and Agriculture Business Qualify for the R&D Tax Credit?

Although the R&D credit is for any U.S.-based business that develops, designs, or improves products, processes, formulas, or software—something food, beverage, and agriculture businesses do each day—many have yet to apply for it. Most business owners assume it is only for research labs or large corporations. But this is far from the truth.

Abdo expertise

Guiding you to the best way forward

Our experience delivers proactive problem-solving for any challenge.

Tara Torseth, CPA, MBT

Tara focuses her practice on helping clients navigate trust and estate planning with ease.