‘Marquis Who’s Who® has chronicled the lives of the most accomplished individuals and innovators from every significant field of endeavor, including politics, business, medicine, law, education, art, religion and entertainment.’ Bravo Bob! https://www.24-7pressrelease.com/press-release/477659/robert-holloway-celebrated-for-dedication-to-the-field-of-law
Read More...Special Report Obama Emphasizes Individuals, Targets Business Tax Incentives In FY 2015 Budget President Obama renewed his call for expanding child, family and education tax credits in his fiscal year (FY) 2015 budget proposals as well as for curbing some tax preferences for higher income individuals and businesses. The President unveiled his $3.9 trillion FY 2015 budget proposals on March 4. Many of the proposals are familiar from past budgets, but for FY 2015 the White House is placing special
Read More...During the first quarter of 2014, there were many important federal tax developments. This letter highlights some of the more significant developments for you. As always, contact our office if you have any questions. Tax reform In February, House Ways and Means Chair Dave Camp, R-Mich., unveiled a massive tax reform bill. Camp proposed to overhaul the Tax Code by reducing the number of individual tax brackets, lowering the corporate tax rate, and eliminating or modifying many popular tax incentives.
Read More...Congress passed legislation, which President Obama indicated he would sign, to avoid the fiscal cliff. The legislation would allow tax rates to rise on the nation’s highest earners while also extending dozens of tax cuts for individuals and businesses. Specifically, the bill: Raises the top tax rate to 39.6% for married couples earning $450,000; single taxpayers earning $400,000. These amounts will be indexed for inflation. Raises long-term capital gains and qualifying dividends tax rate to 20% (from 15%) for taxpayers in
Read More...On December 16, 2010 Governor Patrick signed into law “An Act Relative to the Estate of Homestead”, a comprehensive revision of the Massachusetts declaration of homestead law. Under prior law, a declaration of homestead protected up to $500,000 of equity in your primary residence. This protection was available only if the homeowner actually filed a declaration of homestead at the registry of deeds. Prior law contained several confusing provisions that sometimes disadvantaged homeowners. The new Homestead Legislation goes into effect on
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