E.J. Callahan & Associates is proud to announce the promotion of a new partner at our firm, Kelly Miranda, marking a significant...

2024 Yead End Tax Planning Letter

A Review of President Trump’s Tax Plans

Beneficial Ownership Information (BOI) Filing

Join EJC's Jeff Rogers  for "Understanding the New Beneficial Ownership Information Reporting Requirement,"  a Live Webinar as part of...

By Jeffrey T. Rogers, CPA, MST | Tax Partner, E.J. Callahan & Associates Many pass-through entities recently placed their 2023 tax returns on extension as a result of a tax bill that is currently in Congress. On January 31st, 2024, the Tax Relief for American Families and Workers Act of 2024 passed through the House of Representatives by a resounding 357-70 vote.   With clear bipartisan support, it seemed just a matter of time before the bill would be passed into law.  Howeve

EJC announces new Partners Jeffrey T. Rogers and Brian E. Moynihan

In honor of Women in Construction Week, we’d like to spotlight Nancy Pacella, Co-Owner and Vice President of Pacella Enterprises, Inc., a...

By Jeff Rogers, CPA, MST | Partner, E.J. Callahan & Associates The "Work Opportunity Tax Credits (WOTC)" is a federal tax credit...

With 2023 drawing to a close, now is the time to think through moves that can be made to reduce the annual tax burden. As has seemingly been the case the last year or two, changes on the state side of the tax law could provide the most opportunity for the 2023 tax year. Massachusetts Act to Improve the Commonwealth's Competitiveness, Affordability, and Equity As was discussed in this article , on October 4th, 2023, significant state tax legislation was passed. Between incre

For many Massachusetts construction contractors, staying compliant with their tax obligations means making quarterly income tax payments and timely filing the annual tax return. They will ensure that there are processes in place to timely process and pay payroll tax liabilities. The tax obligation that often gets overlooked is the sales and use tax requirement. That’s likely due in part to the fact that the state has long operated under the premise that a contractor is cons

BBJ subscribers can check out Jeff's spotlight on page 9 of the digital edition: https://www.bizjournals.com/boston/digital-edition?issue...

Last week, the women of EJC got together for a day of inspiration, connection, and growth at the Massachusetts Conference for Women....

As 2022 progresses towards the finish line, it’s time to make some final decisions on year-end tax strategies. While many contractors...

We continue to rapidly grow and are adding new positions every day! Check out all of our open roles at www.ejccpa.com/careers.

Chapter 62F Refunds On November 1st, the Massachusetts Department of Revenue began distributing tax refunds to approximately 3 million taxpayers, both residents and non-residents of the state. In accordance with Chapter 62F, Massachusetts law requires the return of tax revenues received in excess of an annual cap. As such, nearly $3 billion in tax refunds will be issued to taxpayers in proportion to the Massachusetts income tax liability reported on their 2021 income returns

Congratulations to Alexandria DeGrace, CPA on her 5-year anniversary with EJC! Alley recently earned her Masters of Science degree in...

By Jeffrey T. Rogers, CPA, MST By now most taxpayers have likely seen the commercials or heard the advertisement. Question 1 will be on the ballot this November. Alternatively referred to as the “Millionaire’s Tax” or the “Fair Share Amendment", Question 1 seeks to impose an annual 4% state surtax on personal income over $1 million effective January 1, 2023. The estimated $

It was great to be back in person for an inspiring day of motivational speakers and networking. Congratulations to all of the "Women to...