GT Reilly Company
  • Webtax Guide
  • Contact Us
  • Twitter Facebook Linked in

Call GT Reilly CPAs   617.696.8900

Blog

Reilly Manufacturing Advisor

How to maximize the Massachusetts Investment Tax Credit (ITC)

Nov 21, 2017

The Massachusetts Investment Tax Credit (ITC) is a valuable credit for manufacturers, but without careful planning the credit can be minimized or eliminated even if the corporation purchased eligible machinery and equipment.

Reilly Manufacturing Advisor

Advantages of being a Massachusetts manufacturing corporation

Nov 21, 2017

Four state tax incentives afford manufacturers a significant advantage to being located in Massachusetts. But businesses must obtain the state’s manufacturing corporation classification in order to utilize the tax breaks.

Reilly Tax Advisor

Entrepreneurs: What can you deduct and when?

Mar 30, 2016

Starting a new business is exciting, but involves a lot of costs. Entrepreneurs often are unaware that many startup expenses aren't tax deductible right away.

Reilly Tax Advisor

Massachusetts earned sick leave law takes effect July 1 for some businesses

May 21, 2015

The earned sick leave law that Massachusetts voters approved as a ballot initiative last fall takes effect on July 1, 2015, for all Bay State businesses. However, Attorney General Maura Healey has extended the effective date to the end of the year for businesses that already have paid sick policies that need adjustments in order to comply with the new law.

This law has many provisions that have caused concern among business owners worried about the burden of implementation; hence, Attorney General Healey’s decision to delay implementation for certain businesses.

Reilly Tax Advisor

Self-employed? Save more by setting up your own retirement plan

Oct 15, 2014

Reilly Tax Advisor

New IRS rules expand ability to deduct property expenses

Feb 05, 2014

New rules regarding capitalization vs. repair of tangible property went into effect on Jan. 1 of this year, and they will significantly benefit certain taxpayers.

Reilly Tax Advisor

To capitalize or deduct? New IRS rules clarify the question

Jan 30, 2014

New rules regarding capitalization vs. repair of tangible property went into effect on Jan. 1 of this year, and they will significantly benefit certain taxpayers.

Reilly Benefits Advisor

PCORI: New ACA tax impacts employers with self-insured health plans

Jul 30, 2013

Under the Affordable Care Act (ACA), all employers who offer health benefits for their workers are subject to a new fee to support the Patient-Centered Outcomes Research Institute (PCORI).

Reilly Small Business Advisor

How much are your services worth? Setting professional fees

Mar 14, 2013

If you are in the business of providing consulting or professional services, no doubt you have dealt with the question of setting professional fees. How much is your expertise worth?

Reilly Advisor

New Year’s Resolutions for the Business Owner

Dec 20, 2012

The New Year is always a time of promise. Signs indicate that the economy is picking up steam. Businesses should be poised to capture the long-awaited top and bottom line opportunities that have been in the doldrums.

Sign up for our newsletter

Stay informed about our latest blog posts and firm news by signing up for our monthly newsletter