I've yet to meet someone who likes paying more to the IRS than they are required to. The below article from the WSJ highlights a common IRS penalty that you want to make sure you are avoiding, penalties on under payments. You can click on the article below to read it all, but for the [...]
Seth is back with another installment of “What’s New(s)?” highlighting the topics that he’s following closely which might have an impact on you, as well as some others that he thinks you might find interesting or fun. Maura Healey released a $750MM tax reform plan for the state of Massachusetts. Among the notable proposals: [...]
Seth is back with another installment of “What’s New(s)?” highlighting the topics that he’s following closely which might have an impact on you, as well as some others that he thinks you might find interesting or fun. A recent Morningstar study found that investors earned ~9.3%/year in mutual funds and ETFs over a decade [...]
Massachusetts taxpayers will be excited to find out that they will be receiving a refund from MA for tax year 2021! Massachusetts law dictates that if tax revenue collections exceed a certain annual tax revenue cap then all excess will be returned to taxpayers. MA exceeded the cap in 2021, so what this functionally [...]
Seth is back with another installment of “What’s New(s)?” highlighting the topics that he’s following closely which might have an impact on you, as well as some others that he thinks you might find interesting or fun. Governor Charlie Baker has a new budget plan that could change the draconian Massachusetts state estate tax [...]
Seth is back with another installment of “What’s New(s)?” highlighting the topics that he’s following closely which might have an impact on you, as well as some others that he thinks you might find interesting or fun. The house panel pushed through a revised tax proposal on 9/13/21. While there will most certainly be [...]
If you have kids who are dependents on your tax return, you may be wondering why you started receiving checks in the mail (or direct deposits to your bank) from the IRS in July. Earlier this summer, close to 39 million families started receiving advanced monthly child tax credit payments. With these payments came a [...]
Seth is back with another installment of “What’s New(s)?” highlighting the topics that he’s following closely which might have an impact on you, as well as some others that he thinks you might find interesting or fun. The passive investing behemoth Vanguard is going to begin offering private equity investments for self-directed clients that [...]
I'd say Seth's expression here pretty much sums it up. :) It's been a little while since our last Behind The Curtain video. Today, Seth and I were chatting about how we approach clients when we notice a mistake on their tax return.
Seth is back with another installment of "What's New(s)?" highlighting the topics that he’s following closely which might have an impact on you, as well as some others that he thinks you might find interesting or fun. President Biden proposed The American Families Plan which has some major income and estate tax implications. [...]
