New England Taxes

10/28/2026

If your business touches the plant, your taxes shouldn’t be handled by a generalist. We specialize in cannabis tax returns, 280E compliance, and cost accounting for licensed operators. Accepting cannabis clients for the upcoming season for a limited time.

03/25/2026

02/08/2026

https://www.facebook.com/share/1BFWdAXP7V/?mibextid=wwXIfr

The IRS has no business snooping on Americans just for splitting rent or selling an old couch.

President Trump just wiped out Biden’s 1099-K disaster with the Working Families Tax Cut Act.

No more surprise tax forms for Americans using Venmo, Cash App, or Facebook Marketplace—finally, some sanity.

This is real tax relief for working families—protecting YOUR money from Biden’s IRS.

02/07/2026

https://trumprx.gov/

Delivering the lowest prescription prices in the world for Americans.

02/04/2026

You’ve likely seen the headlines—“no tax on overtime,” “no tax on tips,” “no tax on Social Security”. In the tax world, we know these are media-friendly labels. The reality is more nuanced. These provisions introduce new deductions with specific definitions, limits, and documentation requirements, and you can rely on us to explain what’s changed and how it applies to you.

Key highlights you should be prepared for:

Overtime deduction: This new deduction comes with complexity. Some employers are reporting overtime on W-2s, while others are not. In many cases, year-end pay statements will be needed to properly identify overtime pay. The deductible amount is based on the “half” portion of time-and-a-half pay (effectively about one-third of total overtime pay).
*Accuracy here matters.*

Tip income deduction: Tips may be reported on the W-2 or self-reported on Form 4137. While income and filing-status limits apply—as with many deductions—this change will benefit millions of hospitality and service-industry workers.

Senior deduction: This is an above-the-line deduction that shields a portion of income.

Read More Straight from the Source:

The One, Big, Beautiful Bill Act has a significant effect on your taxes, credits and deductions.

02/03/2026

We specialize in cannabis tax returns, 280E compliance, and cost accounting for licensed operators.

If your business touches the plant, your taxes shouldn’t be handled by a generalist.

01/28/2026

Your Tax Industry Update

The One Big Beautiful Bill Act (OBBBA), recently signed into law, introduces significant new tax benefits aimed at helping working Americans and seniors reduce their tax liability starting in tax year 2025:

👵 For Seniors (Age 65+):

Eligible seniors can claim an additional $6,000 standard deduction on top of the existing senior deduction.

Married couples filing jointly can receive up to $12,000 in added deductions if both spouses are age 65 or older.

Income limits apply:

$75,000 for single or head-of-household filers

$150,000 for married couples filing jointly

The added deduction is temporary and will be in effect for four tax years (2025–2028).

👷 For Workers (with overtime or tip income):

Workers earning overtime pay or tips may also benefit from expanded above-the-line deductions, helping to reduce their taxable income directly.

These changes are designed to put more money back in the pockets of working-class Americans and seniors living on fixed incomes, especially in the face of inflation and rising living costs.

👉 Read the full IRS release here:

https://www.irs.gov/newsroom/one-big-beautiful-bill-act-tax-deductions-for-working-americans-and-seniors

Pay your taxes. Get your refund status. Find IRS forms and answers to tax questions. We help you understand and meet your federal tax responsibilities.