Articles & Resources

Explore our insightful blogs covering a wide range of topics in the audit industry.

Federal vs. State Taxation: Key Differences for Massachusetts Residents

Understanding the differences between federal and Massachusetts state taxes is essential for residents to navigate complex tax obligations and optimize their tax outcomes effectively.

Learn More

October 24, 2024

Franchise Taxes for Austin Businesses: An Essential Guide

In Austin, Texas, businesses must navigate franchise taxes based on their margin, with key 2024 updates including a $2,470,000 "No Tax Due" threshold and a $450,000 compensation limit, requiring annual filings by May 15.

Learn More

October 19, 2024

New York State Income Tax Overview

New York’s estate tax has a $6.94 million exemption with a steep tax cliff, while the federal exemption is $13.61 million, requiring careful estate planning to minimize tax liabilities.

Learn More

August 9, 2024

Estate and Gift Taxes: A Comprehensive Guide for New York Residents

New York's estate and gift taxes involve complex rules, with a lower exemption and a "clawback" provision, requiring strategic planning to minimize tax impacts on substantial estates.

Learn More

August 9, 2024

Corporate and Business Taxes in New York: A Comprehensive Overview

New York's complex corporate and business tax landscape includes state and city taxes, such as the Corporate Franchise Tax, NYC General Corporation Tax, and sales tax, requiring careful compliance and planning.

Learn More

August 9, 2024

Tax Planning for Retirees in Maryland

Retirement in Maryland involves strategic tax planning. The state offers exclusions for pensions, exemptions for Social Security benefits, and additional tax benefits for military retirees.

Learn More

August 9, 2024