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Doing the research – it’s in your nature. Read our blog to stay in the know.
Massachusetts Tax Relief Bill

Massachusetts Governor Signs $1 Billion Tax Relief Bill

By wscpa | October 10, 2023
Written by: Jonathan C. Hitter, CPA, MST, CGMA On October 4, 2023, Massachusetts Governor Maura Healey signed into law a historic tax relief package to provide substantial financial relief to the state’s residents. The $1 billion Massachusetts Tax Relief Bill,…
Private Equity Trends Impacting Tech

Top Six Private Equity Trends Impacting Tech Companies

By wscpa | September 28, 2023
The second half of 2022 and the beginning of 2023 presented a thorny challenge for the tech industry as adverse market conditions slowed growth to a crawl, forcing tech companies to revisit their business models. At the same time, deal…
New Accounting for Joint Venture

New Accounting for Joint Venture Formations

By wscpa | September 19, 2023
Summary Joint ventures, as defined in U.S. GAAP and formed after January 1, 2025, must apply a new basis of accounting, as issued by the FASB in Accounting Standards Update (ASU) 2023-05, Business Combinations — Joint Venture Formations (Subtopic 805-60).…
Healthcare Private Equity Trends

7 Healthcare Private Equity Trends to Know

By wscpa | September 11, 2023
Healthcare continues to face a challenging economic and regulatory environment. Inflation and interest rates remain elevated, increasing both the cost of care and the cost of capital. At the same time, labor expenses remain elevated compared to pre-pandemic levels, placing…
Cryptocurrency ‘Staking’ Rewards

IRS Clarifies When Cryptocurrency ‘Staking’ Rewards Are Included in Taxable Income

By wscpa | September 6, 2023
The IRS has published new guidance regarding the treatment of cryptocurrency staking rewards. In Revenue Ruling 2023-14, the IRS has ruled that staking rewards must be included in gross income for the taxable year in which the taxpayer acquires dominion…
Todd Ellis

Walter Shuffain Announces Hiring of Managing Director of Client Accounting Services

By wscpa | August 10, 2023
We are excited to announce that Todd Ellis joined the firm as Managing Director of Client Accounting Services. Before joining Walter Shuffain, Todd was a Partner in the Client Accounting Services practice at a Boston CPA firm. Todd worked closely…

Walter Shuffain Achieves New Ranking as a 2023 IPA Top 200 Firm

By wscpa | August 2, 2023
Walter Shuffain, P.C. (Walter Shuffain) has achieved recognition as an IPA Top 200 Firm by Inside Public Accounting (IPA). This marks the third consecutive year that the firm has secured a place on this prestigious list, ascending four positions to…
education planning 529 plans

Navigating the Future of Educational Planning: Enhancements to 529 Plans Under the SECURE 2.0 Act

By wscpa | July 20, 2023
Written by: Stephen Candelario, CPA As parents, we all dream of providing the best education for our children. But with escalating education costs, planning for their future education can often seem daunting. Fortunately, there are now tools available, such as…
Margin Erosion in Healthcare

What’s Driving Margin Erosion in Healthcare?

By wscpa | July 13, 2023
Healthcare Has a Margin Erosion Problem The past few years have significantly destabilized the healthcare industry’s financial footing. According to our 2023 Healthcare CFO Outlook Survey, 60% of healthcare CFOs could not meet the terms of their bond or loan…
Real estate capital

Following the money: Where is real estate capital coming from?

By wscpa | July 6, 2023
The past few years of pandemic recovery, rising inflation and interest rates, and legislative changes have created tremendous shifts and challenging obstacles within the real estate industry. As economic uncertainty applies pressure to sources of traditional capital, the industry is…

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