by Jim Keefe | Oct 20, 2026 | Uncategorized
The Working Families Tax Cut Act, also known as “The One Big Beautiful Bill” created a new type of tax‑favored individual retirement account known as a Trump account. A Trump account is a special form of traditional IRA established for the exclusive...
by Jim Keefe | Feb 6, 2026 | Uncategorized
This past summer while everyone was celebrating the Fourth of July, Congress passed and the President signed into Law legislation dubbed “the One Big Beautiful Bill”. This legislation included numerous campaign promises and extensions to various tax...
by Jim Keefe | Jul 10, 2025 | Uncategorized
On July 4, 2025, President Trump signed into law legislation that has been dubbed, “One Big Beautiful Bill (OBBBA)”. The bill extends a number of provisions from the Tax Cuts and Jobs Act of 2017 and attempts to fulfill many of his campaign promises. The following is...
by Jim Keefe | Jan 22, 2025 | Uncategorized
The IRS recently issued Revenue Ruling 2025-4 to provide guidance on the federal income and employment tax treatment of contributions and benefits paid under state-mandated Paid Family and Medical Leave (PFML) programs, as well as the related reporting requirements....
by Jim Keefe | Jan 11, 2025 | Uncategorized
The Massachusetts Department of Revenue (DOR) has amended 830 CMR 62.5A.1(6) to clarify that, for taxable years beginning on or after January 1, 2025, pass-through entities must apportion their taxable net income using the single sales factor apportionment rules under...
