Today, October 4, 2023, Governor Healey signed into law major tax legislation that includes estate tax relief, closing a loophole around the newly implemented millionaire’s tax, short-term capital gains tax cuts and more....more
On September 26, 2023, Massachusetts leaders announced major tax legislation that includes estate tax relief, closing a loophole around the newly implemented millionaire’s tax, short-term capital gains tax cuts and more. It...more
10/2/2023
/ Capital Gains ,
Corporate Taxes ,
Estate Planning ,
Income Taxes ,
Payroll Taxes ,
Pending Legislation ,
Property Tax ,
Sales Tax ,
State Taxes ,
Tax Planning ,
Tax Relief
On April 13, the Massachusetts House of Representatives approved H.3770, a tax reform bill that includes significant changes for individuals, businesses and estates. The bill is now with the Senate’s Ways and Means Committee,...more
5/12/2023
/ Apportionment ,
Capital Gains ,
Capital Gains Tax ,
Corporate Taxes ,
Estate Tax ,
Income Taxes ,
Pending Legislation ,
State Budgets ,
State Taxes ,
Tax Credits ,
Tax Planning ,
Tax Reform
In a previous newsletter, we recently heralded the passage of the “Connecticut Qualified Dispositions in Trust Act”, which permits the creation and establishment of self-settled domestic asset protection trusts (“DAPTs”). To...more
9/12/2019
/ Annuities ,
Asset Protection ,
Capital Gains ,
Creditors ,
Distribution Rules ,
Domestic Asset Protection Trust (DAPT) ,
Estate Planning ,
Grantor Trusts ,
Income Taxes ,
Trustees ,
Trusts