Category: Client Advisories
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WHAT ARE ESO’s AND HOW CAN THEY HELP ME AND MY COMPANY?
Effective November 1, 2025, a new regulation mandates that Settlement Agents withhold income tax on gains from real estate sales exceeding $1,000,000 by non-residents or entities without ongoing Massachusetts business. Various exemptions exist, including for pass-through entities and primary residences. Sellers can choose between two withholding calculation methods.