Contributor: Kerry A. Johnson

Tax Alert- Valuable gifts to charity may require an appraisal

If you donate valuable items to charity, you may be required to get an appraisal. The IRS requires donors and charitable organizations to supply certain information to prove their right to deduct charitable contributions. If

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Posted In: Alerts & Advisories

Tax Alert- The tax mechanics involved in the sale of trade or business property

What are the tax consequences of selling property used in your trade or business? There are many rules that can potentially apply to the sale of business property. Thus, to simplify discussion, let’s assume that

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Posted In: Alerts & Advisories

Tax Alert- The tax rules of renting out a vacation property

Summer is just around the corner. If you’re fortunate enough to own a vacation home, you may wonder about the tax consequences of renting it out for part of the year. The tax treatment depends

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Posted In: Alerts & Advisories

2022 Largest Accounting Firms Announced

We are, once again, proud to announce that we have been named as a top firm in Massachusetts by the Boston Business Journal. Published on February 10, 2022, we are ranked as the 16th largest

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Posted In: Awards

Tax Alert- The election to apply the research tax credit against payroll taxes

The credit for increasing research activities, often referred to as the research and development (R&D) credit, is a valuable tax break available to eligible businesses. Claiming the credit involves complex calculations, which we can take

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Posted In: Alerts & Advisories

Tax Alert- Are you ready for the 2021 gift tax return deadline?

If you made large gifts to your children, grandchildren or other heirs last year, it’s important to determine whether you’re required to file a 2021 gift tax return. And in some cases, even if it’s

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Posted In: Alerts & Advisories

Emerging Tax Alert- 2022 tax calendar

To help you make sure you don’t miss any important 2022 deadlines, we’ve provided this summary of when various tax-related forms, payments and other actions are due. Please review the calendar and let us know

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Posted In: Alerts & Advisories

Tax Alert- Keeping meticulous records is the key to tax deductions and painless IRS audits

If you operate a business, or you’re starting a new one, you know you need to keep records of your income and expenses. Specifically, you should carefully record your expenses in order to claim all

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Posted In: Alerts & Advisories

2021-2022 Tax Planning Guide Released

Do your tax strategies need a refresh? With some tax law changes going into effect in 2021 and more changes potentially on the horizon, you probably have questions about tax planning this year. To save

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Posted In: Alerts & Advisories

Healthcare Advisory- Don’t hold on to buried assets

Understand unclaimed property laws Your hospital or practice may be holding unclaimed property that can weigh down your bottom line if not handled appropriately. To ensure your organization takes full advantage of all of its

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Posted In: Alerts & Advisories