In Massachusetts, the law is clear when it comes to an employer's obligations to pay accrued vacation pay upon termination of employment. The Massachusetts Payment of Wages Law (Mass. Gen. Laws ch. 149, § 148) mandates that employers must pay out any accrued, unused...
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Month: April 2024
Massachusetts Approved New Law Increasing Estate Tax Threshold
In a significant shift in tax policy, Massachusetts enacted a new law that raised the estate tax threshold, marking a substantial change for estate planning and tax considerations within the state. This new legislation, which came into effect on January 1, 2023,...
The role of real estate brokers in Massachusetts has changed.
The role of real estate brokers in Massachusetts has undergone significant changes recently. A landmark $418 million settlement with the National Association of Realtors (NAR) has introduced reforms that are expected to transform the American real estate market. This...