Monthly Archives: May 2019

NEW MA Paid Family & Medical Leave

[et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_text background_position=”top_left” background_repeat=”repeat” background_size=”initial” _builder_version=”3.18.8″] In 2018, Massachusetts signed into law a statute that provides paid family and medical leave (PFML) benefits to workers. Employers and employees must begin making contributions in October of

Posted in General

Are You Eligible for a Refund of Underpayment Penalties Assessed?

Most taxpayers saw their federal income taxes decrease thanks to the new tax rules issues at the end of December 2017. Many taxpayers also saw their refunds fall or their balance due increase for their 2018 taxes as compared with

Posted in 2019 May Newsetter

Family Loans

By Andrew Schwartz, CPA Here is a question I recently received from one of my clients: My parents would like to give me a loan of $150k. How can we structure this loan so that we are in compliance with

Posted in 2019 May Newsetter

This Year’s Most Interesting Tax-Season Observation

By Andrew Schwartz, CPA This year’s most interesting observation has nothing to do with taxes or personal finances but instead deals with civility and kindness. The world we live in has really become quite nasty: Our political leaders on both

Posted in 2019 May Newsetter

Mortgage Financing Today: The Value of Working with a Local Lender

By Bob Cahill, Leader Bank Nowadays, you can find almost anything on line.    It is hard to beat the convenience and ease of shopping at the push of a button.  In most cases, if you do not like what you

Posted in 2019 May Newsetter

Newly enacted MA tax law to impact Airbnb, HomeAway and other short-term rentals

By Richard Schwartz, CPA If you are one of the numerous short-term “Hosts” or “Operators” providing your home to vacationers, business professionals and other short-term renters, be aware of the new tax law that will impact short-term rentals in the

Posted in 2019 May Newsetter