Experienced Tax Attorneys

Call Us Confidentially Now: 617-692-2989

Call us confidentially now:


You Deserve Confidentiality & Trusted Tax Law Experience

Get Help Now
Arts Cannabis Entertainment Real Estate Sports
Arts Cannabis Entertainment Real Estate Sports


Archive by Year:2022

2022 Year In Review: Lessons Taxpayers in Massachusetts Should Carry Into the New Year

Offshore Account Update

Posted 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 More

Interest Rates for Federal Tax Underpayments To Increase in 2023

Offshore Account Update

Posted 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.Read More

Is Your Money-Making Hobby a Business? (Hint: It Should Be)

Offshore Account Update

Posted on November 30, 2022

Many people took up new hobbies during the height of the COVID-19 pandemic, and, for many, their new hobbies proved to be profitable. Making money from any endeavor has tax implications, so those who have newfound sources of income must now be sure to report their income on their federal returns.Read More

IRS CI FY2022 Annual Report Highlights Federal Tax Enforcement Priorities

Offshore Account Update

Posted on November 18, 2022

IRS Criminal Investigation (IRS CI) recently released its Annual Report for the 2022 fiscal year. As always, IRS CI’s Annual Report highlights some of the agency’s top enforcement priorities—providing important insights for individual and corporate taxpayers alike heading into the New Year.Read More

IRS Announces Tax Inflation Adjustments for 2023

Offshore Account Update

Posted on October 31, 2022

The Internal Revenue Service (IRS) recently announced the tax inflation adjustments for the 2023 tax year. As the IRS clarifies, “[t]he tax year 2023 adjustments . . . generally apply to tax returns filed in 2024.” With the 2023 tax year fast approaching, taxpayers should take these adjustments into account when doing their tax planning this season.Read More

Back to the top