Experienced Tax Attorneys

Call Us Confidentially Now: 617-692-2989

Call us confidentially now:

You Deserve Confidentiality & Trusted Tax Law Experience

Get Help Now


Archive by Year:2019

What You Need to Know About Massachusetts Cannabis Business Taxes

Articles/News, Hot Topics

Posted on December 17, 2019

Massachusetts legalized marijuana for adult use in 2016 and began collecting taxes on the sale of marijuana in 2018. If you are currently operating a cannabis business or you are considering starting one, there are several things you need to know to ensure that you are in compliance with Massachusetts law. Understanding your tax responsibilities is critical to ensure the success and longevity of your business. If you have questions about your tax obligations, contact Boston cannabis tax attorney Kevin E. Thorn to ensure you are in compliance.

Read More

Three Ways a Massachusetts Tax Attorney Can Help Your Cannabis Business

Articles/News, Hot Topics

Posted on December 17, 2019

If you are one of our state’s cannabis entrepreneurs, you are most likely focused on developing your business, growing your customer base and providing a quality product at a competitive price. Like many other business owners, paying taxes may be an afterthought. Unfortunately, failing to give the appropriate time and consideration to your tax obligations cannot only result in financial penalties but may even result in criminal prosecution. Hiring an experienced Massachusetts tax attorney is an investment in the current and future success of your business.

Read More

IRS and Other Law Enforcement Agencies Target Businesses in Springfield, Massachusetts

Articles/News, Hot Topics

Posted on November 7, 2019

Two recent raids targeting businesses in Springfield, Massachusetts suggest that federal and state law enforcement agencies may soon be targeting other similar types of businesses in similarly-sized cities such as Worchester, Massachusetts and Providence, Rhode Island. The raids were conducted by the Internal Revenue Service (IRS) and Federal Bureau of Investigation (FBI) in coordination with Massachusetts State Police and targeted a local strip club and restaurant. It is unclear whether the raids followed an IRS audit or were triggered by other factors.Read More

IRS Agents Raid Massachusetts Restaurant and Gentlemen’s Club

Articles/News, Hot Topics

Posted on November 6, 2019

According to a recent AP news report published on Boston.com, Internal Revenue Service (IRS) agents recently raided two Massachusetts businesses working in cooperation with the Federal Bureau of Investigation (FBI) and Massachusetts State Police.

Read More

Top Things to Ask an OVDP Lawyer

Offshore Account Update

Posted on November 4, 2019

U.S. taxpayers holding previously undisclosed offshore accounts have had to deal with a recent change in the tax laws. The Offshore Voluntary Disclosure Program (OVDP) used to be the IRS program allowing offshore account holders to report previously undisclosed accounts, while reducing tax penalties and avoiding criminal exposure. When the IRS ended OVDP in September 2018, the new voluntary disclosure program now applied to these same taxpayers holding offshore accounts.Read More

Back to the top