Many banks these days are investing in affordable housing projects to fulfill their CRA obligations, as well as to gain tax advantages from these "low income housing credit (LIHC)" investments.

New England is a very small corner of the world, and it is difficult for any business to thrive in this region without crossing state lines to serve customers in multiple states.

On October 27, 2016, the Internal Revenue Service issued Notice 2016-62 to announce 2017 inflation adjustments affecting pension plans and other retirement-related items.

An interesting outcome in a recent court case will allow greater interest deductions for unmarried couples.

Tax legislation that makes New Hampshire's so-called "step-up" tax elective and increases the amount deductible under Section 179 of the Internal Revenue Code has been approved by the New Hampshire Legislature.

The filing deadlines for several forms have changed, effective this filing season. The most commonly-encountered forms affected by this change undergo a swap in the deadlines between Forms 1120 and 1065.

Malware refers to a program that is inserted into a system, often without the user's knowledge, with the intent of compromising the confidentiality, integrity, or availability of the user's data...

Among the many surprises noted in the Verizon's Data Breach Investigations Report for 2017, we note that password compromises have now overtaken personal data breaches in the frequency of data compromise.

The Financial Accounting Standards Board today issued an Accounting Standards Update referred to in our Issues of Interest published on Monday.

The Affordable Care Act Section 6101 has directed the Centers for Medicare and Medicaid Services to roll out the submission of "Payroll Based Journals" for Skilled Nursing Facilities and Nursing Facilities effective July 1, 2016.

At the end of nearly every recent year, Congress has been forced to address numerous tax "extenders" in its budget negotiations.

Taxpayers who wish to transfer balances between IRAs and/or qualified retirement plan accounts can accomplish this on a tax-free basis either by making a direct trustee-to-trustee transfer...

New England is filled with beautiful old buildings. Many once proudly served in varied roles like textile mills, warehouses or military barracks, but were neglected when those uses ended.

Last month, we published a Tax Advisory explaining Donald Trump's tax plan. The purpose of this article is to highlight a few of its provisions that seem likely to impact the real estate...

Several pieces of legislation signed into law during 2015 changed the due dates for certain taxpayers' Income Tax and Information Returns effective for taxable years beginning after December 31, 2015.

Interest rates are relatively low now, but the Federal Reserve Bank and others are predicting that interest rates may be on the rise soon...

The state taxation of financial institutions is a constantly evolving and increasingly complicated topic.

•2016 income tax returns are due for individuals and calendar year C-corporations and trusts...

Mercifully, our long presidential election is finally over. Our president-elect outlined many proposals during his campaign, and we all now have to wait and see...

Malware attacks, including large scale Distributed Denial of Service (DDoS) attacks, have made headlines over the last few weeks.