When most people hear "estate plan," they think taxes. And while tax planning can certainly be part of a comprehensive estate plan, it's far from the whole story — and for most families, it's not even the most important part. The federal estate tax exemption is currently high enough that the vast majority of Americans will never owe a dime in estate taxes. But every single one of us will die, and most of us will face a period of incapacity before we do. That's where estate pl

Running a business comes with many responsibilities, and one of the most important is staying legally compliant. When you understand the essentials of business legal compliance, you protect your company from costly penalties and legal troubles. I want to share some practical insights on how you can keep your business on the right side of the law, especially if you are operating in Massachusetts. With the right guidance, like the support from Besler Law, you can navigate these

When I first started thinking about estate planning, I realized how important it is to have a clear strategy in place. Estate planning is not just for the wealthy or elderly. It’s a crucial step for anyone who wants to protect their assets, provide for loved ones, and ensure their wishes are respected. In this post, I’ll walk you through the essentials of estate planning strategies, breaking down what you need to know and how to get started. Understanding Estate Planning Esse

The Corporate Transparency Act (“CTA”) may require your business entity to file a report with the Financial Crimes Enforcement Network...

The Internal Revenue Service (IRS) announced that more than 20,000 letters would go out this week to inform Taxpayers of a disallowed...

The IRS announced and released today Notice 2023-74, read their announcement here, this notice provided a further transition period for...

Moments ago the Internal Revenue Service (IRS) placed a moratorium on the processing of new claims until at least 2024. Read the entire...

Bottom Line: The U.S. Tax Court held that the IRS did not have statutory authority to assess penalties under section 6038(b) against a...

On occasion the Supreme Court can be surprising and this ruling is no exception. In a 5-4 decision, last week the Supreme Court ruled...

The IRS again issues a warning to the public about Employee Retention Tax Credit "promoters" urging ineligible entities to file for the...

Planning for the future is never easy, but in 2020 it seems to be even more difficult than usual, although I guess that is the standard...

I've heard many times that people know they WANT to avoid probate, but they don't know WHY or HOW. It can be true that probate can often...

Govenor Baker signed S.2645 today to allow for remote notarization. This Act allows for licensed notaries to perform notarial acts...

Anyone who tells you they have the answer to this question must be foolish, right? Well that is partially true; however, being prepared...

The State of Massachusetts Senate President, Karen Spilka, along with other leaders in the state have announced that they will be taking...

Does converting your traditional IRS into a Roth make *cents?

IRS issues guidance to taxpayers on impact of COVID-19 for the April 15th tax deadline

IRS issues guidance to taxpayers on impact of COVID-19 for the April 15th tax deadline