Delayed and Deferred 401(k) changes. The Congress in SECURE 2.0 (pension and IRA changes) mandated that for employees participating in 401(k) deferrals in their employers plans and contributing “make up”…

Stock options are financial derivatives that provide individuals, typically employees of a company, with the right to purchase a specific number of company shares at a predetermined price (known as…

All too often, an entrepreneur walks in our office and I am able to “blow his/her mind.” The reason? Quite simply, it is a tax provision that allows certain qualifying…

Profit interests are a special class of equity awarded by a partnership or Limited Liability Company (“LLC”) to its employees. This type of award generally allows employees to share in…

We hope you are enjoying this fine summer weather and getting outside with friends and family. Summer is by far my favorite season of the year, and it is also…

The IRS is behind in providing the rules for when and how distributions must be taken from retirement accounts for those who died in 2020 through 2022.  After amendments by…

Your filing status is one of the most impactful items you report on your individual tax return.  It affects the rates at which your income is taxed, the amounts of…

The key to having a successful due diligence process, whether for an actual exit or just a fundraising event, is to be well prepared ahead of time and to look…

With much fanfare, this act was pushed through under the reconciliation provisions and signed by the President. A few of the hyped provisions (sound and fury signifying nothing): A 15%…

For C Corporations operating in Massachusetts, not only do they face a potential state income tax, but an obscure tax that taxes the “net worth” of the Company. As a…