There have been a few important law and tax changes over the course of 2023 and we in the Private Clients Group here at Verrill wanted to make you aware of the recent changes, such as 1) new strict corporate reporting...more
11/22/2023
/ Beneficial Owner ,
Business Entities ,
Corporate Transparency Act ,
Estate Planning ,
Filing Deadlines ,
FinCEN ,
Investment Adviser ,
Regulatory Agenda ,
Regulatory Requirements ,
Reporting Requirements ,
Securities and Exchange Commission (SEC) ,
Taxation
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