April 2021

2021 Individual Tax Extension Deadline

Last month, the Internal Revenue Service (IRS) announced that the Federal income tax filing and payment due date for individuals will be automatically extended until May 17, 2021.Unlike last year, the automatic Federal tax filing extension only applies to …

April 2020

Tax Breaks and Benefits for Businesses Impacted by COVID-19

The pandemic of COVID-19 has drastically impacted the United States economy. Over the past few weeks, federal legislation has quickly been enacted to help stimulate the economy and provide much needed cash flow to individuals and businesses. In this alert,…

March 2020

Extension of April 15th Tax Payment and Filing Deadline in Response to COVID-19

On March 21, 2020, the Treasury Department and Internal Revenue Service (IRS) announced that the Federal income tax filing and payment due date will be automatically extended until July 15, 2020.Any individual, trust, estate, corporation, or unincorporated…

November 2019

When Are Cannabis Cafés Coming to Massachusetts?

This month marks one year since legal adult-use marijuana sales began in Massachusetts and made the Bay State the first state on the East Coast to implement legal, recreational sales of cannabis. Since then, the Cannabis Control Commission has approved doz…

July 2019

Qualified Opportunity Zones: What We Know From New Regulations

Interest continues to increase in a promising new program contained in the 2017 Tax Cuts and Jobs Act, which provides significant tax incentives for investors in Qualified Opportunity Zones (QOZ).After releasing the first set of QOZ proposed regulations on…

March 2019

Qualified Opportunity Zones: An Update

Hinckley Allen's A Practical Guide to the Qualified Opportunity Zone Program and Qualified Opportunity Zones: Insights from the Government's New Guidance detail a promising new program contained in the 2017 Tax Cuts and Jobs Act, that provides significant …