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 [...]
Avoid These Celebrity Estate Planning Blunders That Cost Their Heirs Millions
Just as you're not obligated to call your mother on her birthday, you’re not required to leave a will. As hard lessons teach, however, it’s advisable to do both. Even the rich [...]
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 [...]
Buying Your First Home? 12 Tips & Traps
It’s finally March, the first month of spring and the start of house-hunting season. Buying your first home is a big deal. It’s a large financial investment, and it’s often an emotional [...]
I Won the Lottery! Now What?
It’s 11:00 p.m., and you’re watching the drawing for Powerball or Mega Millions. Or maybe it’s Friday night after work, and you’re scraping your weekly scratch ticket. You stare at the numbers [...]
