Posts Tagged ‘Tax’
By Edelstein on November 1, 2023
On October 4, 2023, Massachusetts Gov. Maura Healy signed H. 4104 to enact numerous business and individual tax changes. The more significant changes include adopting single-sales-factor apportionment for all corporate taxpayers, changing the sourcing of
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Posted In: Alerts & Advisories
By Edelstein on October 25, 2023
Do you use an automobile in your trade or business? If so, you may question how depreciation tax deductions are determined. The rules are complicated, and special limitations that apply to vehicles classified as passenger
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Posted In: Alerts & Advisories
By Edelstein on August 30, 2023
Many homeowners across the country have seen their home values increase in recent years. According to the National Association of Realtors, the median price of existing homes sold in July of 2023 rose 1.9% over
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Posted In: Alerts & Advisories
By Edelstein on August 23, 2023
If you have family members with disabilities, there may be a tax-advantaged way to save for their needs — without having them lose eligibility for the government benefits to which they’re entitled. It can be
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Posted In: Alerts & Advisories
By Edelstein on July 12, 2023
If you’re planning your estate, or you’ve recently inherited assets, you may be unsure of the “cost” (or “basis”) for tax purposes. How do the rules work? Under the current fair market value basis rules
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Posted In: Alerts & Advisories
By Edelstein on June 21, 2023
When one spouse in a married couple not earning compensation, the couple may not be able to save as much as they need for a comfortable retirement. In general, an IRA contribution is allowed only
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Posted In: Alerts & Advisories
By Edelstein on May 10, 2023
If you’ve successfully filed your 2022 tax return with the IRS, you may think you’re done with taxes for another year. But some questions may still crop up about the return. Here are brief answers
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Posted In: Alerts & Advisories
By Edelstein on May 2, 2023
If you’re a crypto investor or user, you may have noticed something new on your tax return this year. And you may soon notice a new form reporting requirements for digital assets. Check the box
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Posted In: Alerts & Advisories
By Edelstein on April 26, 2023
A common question for people planning their estates or inheriting property is: For tax purposes, what’s the “cost” (or “basis”) an individual gets in property that he or she inherits from another? This is an
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Posted In: Alerts & Advisories
By Edelstein on April 5, 2023
Summer is around the corner so you may be thinking about hiring young people at your small business. At the same time, you may have children looking to earn extra spending money. You can save
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Posted In: Alerts & Advisories