New Overtime Tracking & Reporting Requirements for Employers You have undoubtedly heard about the federal One Big Beautiful Bill Act (“OBBBA”). One of the OBBBA provisions is the “No Tax on Overtime” (Sec. 70202) terms, which are effective for tax years 2025 through 2028. The OBBBA“No Tax on Overtime” actually...
Bankruptcy Can Fix Tax Problems While many taxes cannot be eliminated in a bankruptcy, personal income taxes, can potentially be discharged if the tax payor meets the following four (4) criteria: (1) The date the tax return was due to be filed is more than 3 years before the bankruptcy...
Epps & Coulson, LLP is pleased to announce that TAMAR TERZIAN has joined our Firm as a Partner. Mrs. Terzian’s practice centers around bankruptcy, tax and healthcare. She represents bankruptcy clients ranging from individuals to trustees and large and small businesses. Her extensive bankruptcy experience includes creditor and debtor work...
New Hampshire Work-From-Home Employees Get Taxed From Massachusetts, Physical Location Of Employer New Hampshire does not have state income tax. So, it is an attractive state for employees to reside. However, in October 2020, Massachusetts issued a temporary emergency regulation (later adopted as a final rule) that said workers...