The Week in ReviewHB 198 Revise Workers’ Comp death benefit law – Currently, if an employee dies on the job, Workers’ Compensation pays for the funeral costs up to $4000. As this does not cover the average cost, this bill would increase that to “up to $10,000” and adjust it for inflation in the fut
Among the many concerns of 2020, small business owners wondered if the PPP loan that kept their workers on payroll would also result in a surprise tax increase, undoing the PPP’s intended aid.
Massachusetts business may face taxes on their forgiven PPP loan amounts if the state of Massachusetts does not act quickly. Due to the way Massachusetts conforms to the federal tax code, businesses that file as pass-through entities (LLCs, S-Corps, Partnerships etc.) will be taxed by the state on t
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