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617-692-2989


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Arts Cannabis Entertainment Real Estate Sports

News

Category: Articles/News - Page 4

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.

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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.

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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.

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IRS Debt and Installment Agreements

Articles/News

Posted on February 28, 2019

You are delinquent on your tax payments and are incurring interest and possible penalties. You want to stay up to date with current tax payments, but if you do you will fall further and further behind on what you owe. You are also concerned about falling behind on other important bills and payments and may even wonder how you can keep your business afloat if all your money has to go to back taxes.Read More

Is That Deduction Tax Evasion or Tax Avoidance?

Articles/News

Posted on December 31, 2018

Everyone wants to pay less in taxes. Individuals and companies go to great lengths to devise and employ schemes to lower their tax liabilities. While the vast majority of taxpayers work within the confines of what is allowed by the IRS tax code, there is a line that all taxpayers must take care not to cross: the one between the legitimate practice of tax avoidance and the unlawful practice of tax evasion.Read More

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