Offshore Account UpdatePosted on December 30, 2022
With 2022 in the books, it’s time to look ahead to the New Year. But, before we do that, it’s worth taking a look back at some of the lessons we learned in the year that was. Here is a recap of some of our top articles for taxpayers in Massachusetts from 2022.
Read MoreOffshore Account UpdatePosted on December 16, 2022
In a Revenue Ruling published on November 29, 2022, the Internal Revenue Service (IRS) announced that the interest rates for federal tax underpayments will increase in 2023. When individual and corporate taxpayers pay less than they owe, interest begins to accrue immediately—often in addition to liability for financial penalties.
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