https://www.youtube.com/embed/WXYfyVHBcnA Watch part three, the final in a series of Radio Entrepreneurs Family Business Association (FBA) Fall 2022 Panel series. Gain insight and advice from Stephen Wilchins, founding partner at Wilchins Cosentino & Novins, two...
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Selecting Advisory Board Members: 6 Attributes to Focus On
We began this series with an important, 2-part observation: Closely held enterprises either experiencing - or positioned for - rapid growth, often face significant challenges and risks. Management can help address these challenges by utilizing a Board of Advisors. An...
What You Need to Know About the Massachusetts Millionaires Tax
On November 8, 2022, Massachusetts voted to amend its state constitution and authorize the “Millionaires Tax”. As a result, Massachusetts taxpayers who receive more than $1 million in taxable income in a year will be subject to an additional 4% tax on income in excess...
“Use It or Lose It”: Making the Most of Your Estate Tax Exemption
Overview On November 2, 2017, in an unprecedented gesture of fiscal generosity, Congress passed the Tax Cuts and Jobs Act and increased the federal unified gift and estate tax exemption (“federal exemption” or “exemption”) from $5.49 million to $11.18 million and...
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