By Ryan J. McDonell, CPA, MSA, MSLT Tax Director Massachusetts voters were poised to consider a proposal to reduce a state personal income tax rate from 5% down to 4%. The measure was collecting additional signatures to place the question on the November 2026 ballot...
By Kevin J. Bonnett, CPA, Vice President & Director As many importers begin receiving refunds of tariffs imposed under the International Emergency Economic Powers Act (IEEPA), an important—and often overlooked—question arises: how should these refunds be treated...
By Derek P. McDonough, EA, MST Tax Manager Large stock market gains in recent years, coupled with some significant volatility in 2026, have left many investors with portfolios that are out of balance with their desired asset allocation. If you haven’t rebalanced...
By Ryan J. McDonell, CPA, MSA, MSLT, Tax Director Among new tax strategies for businesses, there is a tax provision to immediately and fully expense the cost of certain new manufacturing and production facilities. This incentive, known as the special depreciation...
By Kevin J. Bonnett, CPA, Vice President & Director On February 20, 2026, the U.S. Supreme Court ruled that the International Emergency Economic Powers Act (IEEPA) does not grant authority to impose tariffs through executive order. As a result, all tariffs...
By Charles R. Kennedy, CPA, MBA, Vice President & Director of Tax Services An important decision to make when filing your individual income tax return is whether to claim the standard deduction or to itemize deductions. A change under the One Big Beautiful Bill...
