Estate Tax Threshold Raised in Massachusetts
A major tax relief package signed by Governor Maura Healey on October 4 doubles the Massachusetts estate tax threshold to $2 million. The higher estate tax threshold is retroactive to January 1, [...]
Before You Place an Online Sports Bet, Consider the Income Tax Implications
It’s hard to avoid the onslaught of ads for mobile sports betting, which goes live today, March 10, in Massachusetts. This is the second phase of newly legalized sports betting in the [...]
Plan for Charitable Deductions on Your 2023 Massachusetts Income Tax Returns
Hair scrunchies, high waisted jeans, and cargo pants aren’t the only trends resurfacing this year. The Commonwealth of Massachusetts is reviving something special of its own—the charitable deduction for the 2023 tax [...]
The “Venmo Tax”: How to Make Money and Stay Out of Trouble with the IRS
Some say that as we age, we become our parents. Others say the pace of technology drives a wedge between generations. Both may be right. Take the question of how much cash [...]
Five Tax Saving Tips for 2020 Returns
If you’ve waited until the last minute to file your 2020 federal and Massachusetts income taxes, you still have a few days to get your returns in order, unless you owed estimated [...]
My Big Fat Message About Holiday Gifts
Have you completed your holiday shopping? For some people, the shopping season starts in August; others (including me) still have a few more days before the deadline. Choosing the right gift can [...]
Nina T. Dow Recognized by Super Lawyers
Attorney Nina T. Dow of Mountain, Dearborn & Whiting is among the Massachusetts Super Lawyers and Rising Stars for 2019. Specializing in estate and tax planning, she joined the firm in 2018. [...]
Can You Still Get a Charitable Deduction Under the New Tax Law? It Depends
There are many good reasons to give gifts and make charitable donations. Supporting a cause you care about tops the list. Research studies suggest that a habit of charitable giving may make [...]
Attorney Nina T. Dow Joins Mountain Dearborn
Mountain, Dearborn & Whiting LLP is pleased to announce that Attorney Nina T. Dow has become associated with the law firm. Nina earned her J.D. at Suffolk University Law School and an [...]
