Business entities that are taxed as partnerships (most limited liability companies that have more than one member are taxed as partnerships), will need to modify their operating agreements this year to address recent changes in the Internal Revenue Code that give extraordinary authority and autonomy to the “Partnership Representative.” For tax years that begin on…
POSTED IN: Articles & Quotes, Tax Law
The Department of Housing and Community Development (DHCD) has recently seen a surge in the number of communities that seek to certify compliance with their Housing Production Plans. A Housing Production Plan describes a town’s strategy to develop affordable housing at a measured pace in order to make progress towards their affordable housing goals under…
POSTED IN: Articles & Quotes, Commercial Real Estate
You are the owner of a fine dining establishment located in the heart of the financial district. Business has been great – so great, in fact, that you recently decided to relocate to a new, larger location. In the process, you have spent tens of thousands of dollars to fit out the new space, including…
POSTED IN: Articles & Quotes, Commercial Real Estate
RIW Construction Law and Litigation Attorney Kirk McCormick’s article is featured in NEREJ. Full Article.
POSTED IN: Articles & Quotes
RIW Attorney Chris Agostino was quoted in MA Lawyers Weekly article “Developer bound by predecessor’s promise in permitting process.” Check out the full article.
POSTED IN: Articles & Quotes
Enhanced Scrutiny for Underreporting of Cash Receipts The Massachusetts Department of Revenue (DOR) has recently begun cross-checking 1099-K credit card receipt information against total reported revenue in order to investigate and uncover potential underreporting of cash receipts and thus potential underpayment of sales and/or income tax. After estimating potential cash income based on credit card…
POSTED IN: Articles & Quotes, At Your Service, Hospitality Practice Group
MA Court Rules in Favor of Retail Sales of Discounted Booze: In a case brought by retail superstore Total Wines which appealed a decision of the Alcoholic Beverages Control Commission (“ABCC”), a Boston judge ruled that state retailers can sell alcohol at steep discounts when they order in bulk. The ABCC issued a several day liquor…
POSTED IN: Articles & Quotes, Hospitality Practice Group, News
In a landmark decision published on Monday, July 17, 2017, the Massachusetts Supreme Judicial Court (SJC) ruled that medical marijuana use may constitute a reasonable accommodation, overturning an employer’s termination of an employee for failing a drug test due to her use of medicinal marijuana. This is the first state court to require employers to…
POSTED IN: Articles & Quotes, Employment Law
To remain competitive in the business world, companies must hire, retain and incentivize productive employees. For some time now employers have been turning to “equity” compensation – stock options, restricted stock, etc. – to meet these needs. However, if the employer is a limited liability company that is taxed as a partnership (an “LLC,” and…
POSTED IN: Articles & Quotes
At Your Service Newsletter: May 2017
POSTED IN: Articles & Quotes, At Your Service, Hospitality Practice Group
