Tag Archives: Tax

Former Real Estate Attorney and Wife Plead Guilty to Mortgage Fraud and Tax Charges | USAO-MA

BOSTON – A former Massachusetts attorney and his wife pleaded guilty today in federal court in Boston in connection with various mortgage fraud schemes. Barry Wayne Plunkett Jr., 61, and Nancy Plunkett, 56, both of Hyannis Port, pleaded guilty to five counts of bank fraud and one count of aggravated identity theft. Barry Wayne Plunkett… Read More »

Build Back Better Green Energy Tax Credit Proposals: Labor Laws

Introduction Much debated and highly anticipated, the Build Back Better Act—the BBB Act—has hit a snag. Yet many in Washington remain optimistic that its package of green energy provisions and incentives will become law this year. If that happens, tax departments will need to develop expertise in not only the mechanics of the tax credits,… Read More »

‘We live 5 minutes from our in-laws who have a larger home’: Is it a good idea to swap houses? Will I end up with a surprise tax bill?

I am a California resident. My husband and I own a 1,800-square-foot home that we bought in 2019 for $1.5 million. We have between 40% and 50% equity in the property due to a large down payment. We live five minutes from our in-laws who have a larger home (around 2,250 square feet) that they… Read More »

Governor Mills Announces $3.5 Million in Lifeline Loans to Cover the Property Tax Bills of Older or Disabled Maine People

As increasing home values burden Maine people on fixed incomes, an initiative of the Maine Jobs & Recovery Plan will help pay property tax bills for Maine seniors and those who are permanently disabled Governor Janet Mills announced today that her Administration is launching the State Property Tax Deferral Program, a lifeline loan program through… Read More »

Changing ways of working call for changing employment and tax policy

The way individuals work for pay has transformed radically in recent years, but employment practices and tax treatment remain largely frozen in outmoded assumptions and models. Annette Nellen, Esq., CPA, CGMA, will examine changing work models and proposals for change in “Should Everyone Be an Employee? Policy for the Modern Workforce,” on Tuesday, Nov. 16,… Read More »