Withum

FEBRUARY 16, 2023

Massachusetts touts a “flat tax” system. Sort of …Massachusetts’ “flat tax” system applies a 5% tax rate to most income, unless you recognize short-term capital gains which are taxed at 12%. Beginning in 2023, Massachusetts plans to roll out an additional “millionaires’ tax” of 4% on earnings over $1 million dollars.

Massachusetts 75

Massachusetts income tax Tax tax return 75

CPA Practice

JANUARY 8, 2024

Top 30 accounting firm UHY has entered Massachusetts by merging with Wayland-based CPA firm Paresky Flitt & Co. Michael Mahoney, Northeast Region managing director at UHY, said about the merger, “As we looked to re-enter Massachusetts, it was important to team up with a local firm that has values similar to UHY’s.

Massachusetts 52

Massachusetts New Hampshire Connecticut cpa firm 52

CPA Practice

MARCH 28, 2023

The Massachusetts Society of Certified Public Accountants (MassCPAs) today released the results of a new survey that reports thousands of high-income Massachusetts taxpayers plan to relocate from the Commonwealth within the next 12 months. Florida and New Hampshire are the two most popular states for relocation.

Massachusetts 69

Massachusetts New Hampshire cpas Florida 69

CPA Practice

JANUARY 25, 2023

Originally based in Wakefield, Massachusetts, Archambault & Associates is a tax, accounting and business consulting firm specializing in trust and estate matters and private client group services.

Massachusetts 105

Massachusetts tax preparation tax planning Tax 105

Withum

NOVEMBER 10, 2023

Are you a Massachusetts non-profit or academic institution with a focus in life science? Or perhaps you’re a for-profit Massachusetts life science company, collaborating with a Massachusetts non-profit. Massachusetts not-for-profit institutions, including research institutions and academic medical centers. Who Qualifies?

Massachusetts 59

Massachusetts Non-Profits Healthcare payroll 59

CPA Practice

AUGUST 8, 2023

The Massachusetts Society of Certified Public Accountants (MassCPAs) recently partnered with Suffolk University to host two cohorts of the Accounting Careers Exploratory (ACE) Leadership Program for 26 high school students across the state. These free, specialized programs ran from July 17-21 and July 24-28 at Suffolk University.

accounting careers 98

accounting careers Massachusetts Account accountant 98

Patriot Software

APRIL 6, 2023

Are you a new employer in the Commonwealth of Massachusetts? Most employers must provide Massachusetts paid sick leave under state law. Read on to learn key facts about the state law, including: Massachusetts paid sick leave […] Read More Do you plan on offering your employees paid sick leave?

Massachusetts 82

Massachusetts payroll 82

Patriot Software

SEPTEMBER 13, 2022

If you are a Massachusetts employer, you must learn about the new Massachusetts paid family leave program. What is Massachusetts paid […] READ MORE. However, are you aware that your state might have additional programs in place for family and medical leave?

Massachusetts 84

Massachusetts payroll 84

Withum

NOVEMBER 16, 2022

Are you located in Massachusetts? You may be eligible for the following programs, administered by the Massachusetts Life Sciences Center: Bits to Bytes. Massachusetts not-for-profit organizations that are collaborating with at least one for-profit Massachusetts life sciences company. Amount of Grant: Up to $750,000.

Massachusetts 75

Massachusetts Non-Profits Healthcare payroll 75

CPA Practice

MAY 12, 2023

The Massachusetts Society of Certified Public Accountants (MassCPAs) has awarded 51 scholarships totaling $175,000 to students from across the state as part of the MassCPAs Educational Foundation Scholarship Program. The mission of the Foundation is to inspire and support the next generation of CPAs in Massachusetts.

Massachusetts 52

Massachusetts cpas Education public accounting 52

CPA Practice

OCTOBER 2, 2023

one of the most respected accounting and tax firms in Central Massachusetts, recently announced an ownership change and rebranding of the firm as Venning. The firm merged with Agawam, Massachusetts-based accounting firm, Corbin & Tapases on September 27. Venning & Jacques, Inc.,

cpa firm 80

cpa firm Massachusetts CPA accounting firms 80

CPA Practice

AUGUST 28, 2023

The Massachusetts Society of Certified Public Accountants (MassCPAs), in partnership with the American Institute of Certified Public Accountants (AICPA) Women’s Initiatives Executive Committee, today announced the seven honorees of the 2023 Women to Watch Awards.

Massachusetts 52

Massachusetts cpas accounting principles CPA 52

Withum

JULY 25, 2022

Investors funding early-stage life sciences companies in Massachusetts may be eligible for generous tax incentives under M.G.L. The principal place of business must be in Massachusetts and at least half of the employees must be based there. The post Investing in a Massachusetts Life Sciences Company and Want To Save Taxes?

Massachusetts 69

Massachusetts Tax Real Estate tax return 69

Accounting Today

JULY 5, 2023

A bill in the state seeks to tax rich colleges that favor families of alumni and donors in admissions policies and give the money to poorer community colleges.

Massachusetts 98

Massachusetts Tax 98

PYMNTS

DECEMBER 14, 2020

Massachusetts Mutual Life Insurance Company (MassMutual) has agreed with Stone Ridge Asset Management , which has over $10 billion in assets under management (AUM), for MassMutual to acquire FinTech registered investment advisor (RIA) platform Flourish , according to a press release.

Massachusetts 91

Massachusetts Technology 91

PYMNTS

DECEMBER 16, 2020

Robinhood has come under the watchful eye of regulators — this time in Massachusetts. The complaint is from the office of William Galvin, Massachusetts secretary of state. State regulators are set to file a complaint on Wednesday (Dec. Robinhood offers a brokerage app that is often favored by inexperienced investors.

Massachusetts 71

Massachusetts 71

PYMNTS

JUNE 22, 2020

Restaurant dining rooms in Massachusetts reopened on Monday (June 22), after being shuttered for three months. We are making the progress we’re making because of the actions that people here in Massachusetts are taking every day,” Baker said at his daily press conference on Friday (June 19).

Massachusetts 52

Massachusetts New Jersey New York Hospitality 52

CPA Practice

MARCH 21, 2024

By Dave Eisenstadter, masslive.com (TNS) A 17-year veteran of the IRS was arrested on Wednesday and charged with filing false personal tax returns for three years and underreporting about $90,000 worth of income, according to Acting U.S. Attorney Joshua Levy’s office.

tax return 98

tax return Massachusetts Tax income tax 98

RogerRossmeisl

FEBRUARY 18, 2024

Taxpayers living in Maine or Massachusetts have until April 17, due to state holidays. Here are answers to seven tax season questions we receive at this time of year. (1) 1) What are this year’s deadlines? The filing deadline to submit 2023 returns or file an extension is Monday, April 15, 2024, for most taxpayers.

Tax 194

Tax Massachusetts income tax tax return 194

Accounting Today

MARCH 14, 2024

Zach Donah, the new CEO of the Massachusetts Society of CPAs has big plans for the organization.

Massachusetts 121

Massachusetts cpas Account accountant 121

PYMNTS

JULY 14, 2020

Massachusetts is the second state to declare that Uber and Lyft drivers should be deemed employees under state wage and hour laws, the Attorney General’s Office announced on Tuesday (July 14). . Attorney General Maura Healey’s Fair Labor Division has filed suit for declaratory judgment in Suffolk Superior Court against Uber Technologies Inc.

Massachusetts 61

Massachusetts California Technology 61

Accounting Today

MARCH 26, 2024

The Massachusetts Society of CPAs released a report that identified widespread racial and ethnic disparities in the profession.

Massachusetts 123

Massachusetts cpas Account accountant 123

TaxConnex

APRIL 9, 2024

The products incur sales tax in most states (Massachusetts casts an especially wide net) but are more or less exempt in Connecticut, Florida, Maryland, Michigan, New Jersey, New York, Texas, West Virginia and Wyoming.

Sales 211

Sales West Virginia Tax Virginia 211

PYMNTS

APRIL 5, 2018

A judge has ruled that the state of Massachusetts can move forward with its lawsuit against Equifax. The breach resulted in several lawsuits filed against Equifax, including one by Massachusetts Attorney General Maura Healey. as well as the credit card numbers of approximately 209,000 people.

Massachusetts 43

Massachusetts Legal 43

Accounting Today

FEBRUARY 2, 2024

The university is bracing for two bills in Massachusetts this year that would target its massive billion endowment and policy of admitting legacy applicants.

Massachusetts 117

Massachusetts Tax 117

TaxConnex

DECEMBER 28, 2023

States expected to do best with sales tax in 2024 are West Virginia, Massachusetts, Kentucky, Iowa and New York. States expected to be hit hardest by falling sales tax revenue are Idaho, South Dakota, Louisiana, South Carolina and Florida. Delivery fees “Sales taxes” are starting to take different forms.

South Dakota 220

South Dakota Sales Tax Louisiana 220

PYMNTS

SEPTEMBER 21, 2020

The “PlexCoin” owner allegedly harnessed Stripe accounts as part of the effort and “and illegally obtained funds from 22 investors in Massachusetts,” according to the announcement.

Massachusetts 68

Massachusetts Education Sales Account 68

TaxConnex

APRIL 4, 2024

South Dakota joins California, Colorado, Iowa, Louisiana, Maine, Massachusetts, North Dakota, Washington and Wisconsin in recently eliminating transaction-based nexus thresholds. Thirteen economic-nexus states never had such thresholds.) Utah recently considered dropping its 200-transaction threshold but has tabled the legislation.

South Dakota 206

South Dakota North Dakota Wisconsin Iowa 206

TaxConnex

MARCH 9, 2023

Massachusetts legislators seem to be leading the way, with multiple draft bills that would adopt a digital advertising services tax on commercial data collection or the sale of personal information. The tax is imposed on persons with more than $100,000 of digital advertising services in Massachusetts.

Sales 147

Sales Tax Indiana Massachusetts 147

TaxConnex

AUGUST 30, 2022

Recently the Massachusetts Supreme Judicial Court has accepted a direct appeal from an internet retailer contesting the state’s position that the in-state presence of cookies and apps were sufficient to satisfy the physical presence nexus standards in place prior to the 2018 Wayfair Supreme Court decision.

Sales 188

Sales Tax Wisconsin Massachusetts 188

CPA Practice

JANUARY 3, 2024

Meanwhile, Colorado, Connecticut, and Massachusetts have enhanced their earned income tax credits (EITC), reaching more significant percentages of the federal amount. The EITC amount in Massachusetts was previously 30% of the federal amount but has increased to 40% for 2024. In Connecticut , the state EITC went from 30.5%

Tax 128

Tax Kansas income tax Montana 128

TaxConnex

FEBRUARY 2, 2023

The Massachusetts Supreme Judicial Court has reportedly upheld a state Appellate Tax Board decision in favor of an auto parts retailer who challenged efforts to retroactively collect online sales taxes. Massachusetts has since implemented a true economic nexus standard of $100,000 in gross sales. Supreme Court ruling.

Massachusetts 130

Massachusetts North Carolina Wisconsin Tax 130

Accounting Today

FEBRUARY 5, 2024

The Top 25 Firm based in New York has added a firm headquartered in Wakefield, Massachusetts, expanding Marcum's government client base in New England.

Massachusetts 92

Massachusetts New York Government Account 92

TaxConnex

JUNE 9, 2022

Among other findings: Sales tax bases range from 19.32% of personal income in Massachusetts to 93.89% in Hawaii; the Massachusetts base is extremely narrow, while the Hawaii base features significant tax pyramiding. Sales taxes have become less neutral, less equitable, and less economically efficient over time,” the Foundation said.

Sales 192

Sales Tax Colorado Massachusetts 192

Accounting Today

SEPTEMBER 25, 2023

The IRS says taxpayers in Maine and Massachusetts who were hit by the hurricane now have until Feb. 15 to file and pay some taxes.

Tax 123

Tax Massachusetts Maine 123

TaxConnex

FEBRUARY 8, 2022

The Massachusetts Appellate Tax Board found that SaaS provider Akamai Technologies Inc. Akamai, headquartered in Massachusetts, provided software-based cloud services allowing customers to manage the delivery of web and media content over the Internet. machine rate. was a manufacturing corporation, rather than a service provider.

Sales 173

Sales Tennessee Tax Massachusetts 173

CPA Practice

JUNE 5, 2023

The Massachusetts Society of CPAs ( MassCPAs ) recently launched a scholarship to honor the legacy of current Society President and CEO Amy A. Pitter joined MassCPAs in 2015 and was previously the Commissioner of the Massachusetts Department of Revenue.

CPA 111

CPA Delaware Oklahoma Massachusetts 111