New England Tax Specialists
Peck Associates PC is a full-service Boston area accounting and business advisory firm dedicated to providing our clients with professional, personalized services and guidance on a wide range of financial and business needs.
Massachusetts Enacts Corporate and Individual Tax Changes
On October 4, 2023, Massachusetts Gov. Maura Healy signed H. 4104 to enact numerous business and individual tax changes. The more significant changes include adopting single-sales-factor apportionment for all corporate taxpayers, changing the sourcing of financial institution receipts from investment and trading, and reducing the personal tax rate on short-term capital gains.
Beneficial Ownership Information Reporting
What it Means to Small Business Owners
Many businesses identified as reporting companies — primarily LLCs, S corporations, and C corporations — will have additional reporting requirements starting in 2024 under the Corporate Transparency Act (CTA). This mandate from the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) is intended to help prevent and combat money laundering activities by requiring some businesses to report their Beneficial Ownership Information (BOI).
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How Peck CPAs Saves You Time, Money, & Stress
Tax Preparation
Individual & Businesses
Assurance & Advisory Services
Tax Consulting
Individual & Businesses
Audits, Reviews & Compilation
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How Peck CPAs Saves You Time, Money, & Stress
Tax Preparation
Individual & Businesses
Assurance & Advisory Services
Tax Consulting
Individual & Businesses
Audits, Reviews & Compilation
IRS Home Energy Tax Credits
If you make energy improvements to your home, tax credits are available for a portion of qualifying expenses. The credit amounts and types of qualifying expenses were expanded by the Inflation Reduction Act of 2022. Who Can Claim the Credits You can claim the Energy...
Beneficial Ownership Information Reporting: What it Means to Small Business Owners
Many businesses identified as reporting companies — primarily LLCs, S corporations, and C corporations — will have additional reporting requirements starting in 2024 under the Corporate Transparency Act (CTA). This mandate from the U.S. Department of Treasury’s...
Massachusetts Enacts Corporate and Individual Tax Changes
On October 4, 2023, Massachusetts Gov. Maura Healy signed H. 4104 to enact numerous business and individual tax changes. The more significant changes include adopting single-sales-factor apportionment for all corporate taxpayers, changing the sourcing of...
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From discovery and engagement to execution, Peck CPAs is your source for top quality tax accounting in New England.