Massachusetts Estate Tax: For decedents dying on or after January 1, 2023, there is no Massachusetts estate tax for an estate under $2,000,000. The law does not adjust the filing threshold so state tax returns may still be...more
10/24/2023
/ Business Taxes ,
Estate Planning ,
Estate Tax ,
Estate-Tax Exemption ,
Income Taxes ,
IRS ,
Real Estate Investments ,
State and Local Government ,
Tax Credits ,
Tax Planning ,
Tax Reform ,
Tax Relief
Due to the significant changes to the Internal Revenue Code (“Code”) made by the Tax Cuts and Jobs Act (“Tax Act”) at the end of last year, the Department of the Treasury has been very busy issuing guidance and proposed...more
8/28/2018
/ Aggregation Rules ,
Anti-Abuse Rule ,
Business Taxes ,
Income Taxes ,
Internal Revenue Code (IRC) ,
IRS ,
Partnerships ,
Pass-Through Entities ,
Proposed Regulation ,
S-Corporation ,
Specified Service Trade Or Business (SSTB) ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Planning ,
U.S. Treasury ,
W-2 ,
Wage and Hour
The sweeping changes created by the federal Tax Cuts and Jobs Act (“TCJA”) has resulted in some states enacting their own legislation in response to the federal tax reform. On May 31, 2018, Connecticut signed into law a bill...more
6/12/2018
/ Charitable Donations ,
Income Taxes ,
IRS ,
Itemized Deductions ,
New Legislation ,
Pass-Through Entities ,
Property Tax ,
Residential Property Owners ,
State Taxes ,
Tax Credits ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Planning ,
Tax Reform ,
Trump Administration