As part of the Supplemental Budget that was passed on September 16, 2024, changes were made to the calculation of the Massachusetts estate tax for the estates of decedents who, at the time of death, ...
On October 4, 2023, the Massachusetts estate tax was updated for the first time in seventeen years (the “2023 Act”). Primarily, the 2023 Act created a $2,000,000 exemption from the estate tax for all ...
With tax season just getting started—the season officially opened on January 27, 2025—you’ve likely received several tax reporting forms already, or they are on their way. Here's what you need to know ...