Written by: David Bryant, CPA & Michael Cooper, CPA Estate planning has always been about looking ahead, but the landscape has shifted again. With the federal One Big Beautiful Bill Act (OBBBA) signed into law in 2025 and Massachusetts updating…
Understanding the New IRS Regulations on SECURE 2.0 Catch-Up Contributions for 2026
Key Takeaways Beginning in 2026, employees aged 50 or older who participate in a 401(k), 403(b), or 457(b) plan and earned more than $145,000 from their employer in the previous year must make their catch-up contributions on a Roth (after-tax)…
Developing a Long-Term Financial Vision in Times of Uncertainty
Written by: Todd Ellis, CPA, MST, CGMA Key Points You can’t eliminate economic uncertainty, but you can prepare by setting clear goals and building flexible financial plans. Strong cash flow, diversified revenue, and adaptable operations create resilience. Policy changes like…
Maximizing Charitable Giving: The Power of Appreciated Securities
Written by: Angela Parziale, CPA, MST Managing a complex portfolio involves unique challenges and opportunities, especially when optimizing your financial strategies. While some aspects of your financial situation may be out of your control—like mortgage rates or state taxes—one area…
Estate Planning Essentials for Preserving Generational Wealth
Written by: Jordan Yorks Wealth preservation is a key concern for high- and ultra-high-net-worth individuals, especially when passing on assets to future generations. Estate planning is the cornerstone of ensuring that your wealth is transferred smoothly, efficiently, and according to…
Empowering Your Business Through Strategic Financial Planning
Written By: Todd Ellis, CPA, MST, CGMA Navigating the complexities of business ownership requires a keen understanding of financial planning. A comprehensive financial plan is more than just a set of documents; it’s a roadmap that guides your business through…
5 Strategies for Multigenerational Wealth Management
Written by: Jordan Yorks In the intricate dance of wealth management, transferring assets across generations is a pivotal movement. High-net-worth families, in particular, face unique challenges and opportunities when preparing for this significant transition. This article outlines five foundational steps…
We May Never See a Better Environment for Transferring Wealth … Here’s Why
It may seem that there will always be time to address estate planning. However, a unique opportunity to maximize the amount of wealth that can be tax-efficiently passed to heirs will expire at the end of 2025. Furthermore, legislation could…
IRS Clarifies When Cryptocurrency ‘Staking’ Rewards Are Included in Taxable Income
The IRS has published new guidance regarding the treatment of cryptocurrency staking rewards. In Revenue Ruling 2023-14, the IRS has ruled that staking rewards must be included in gross income for the taxable year in which the taxpayer acquires dominion…
Navigating the Future of Educational Planning: Enhancements to 529 Plans Under the SECURE 2.0 Act
Written by: Stephen Candelario, CPA As parents, we all dream of providing the best education for our children. But with escalating education costs, planning for their future education can often seem daunting. Fortunately, there are now tools available, such as…