The Boston Business Journal quoted State & Local Tax Leader Paul Graney for an article about a drop in the number of million-dollar tax filers in Massachusetts.
Boston Business Journal
By Greg Ryan
The state’s top wealth bracket may have seemed to have had a down year on paper in 2016 because of President Donald Trump’s election, according to Paul Graney, a state and local tax specialist at Marcum LLP’s Boston office. Knowing that Trump would pursue tax cuts quickly, some businesses may have held off on paying bonuses to executives and other employees until early 2017 to save them money on taxes, he said.