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Richard Jones was quoted in the article "Former Massachusetts Resident’s Stock Transaction Ruled Taxable," published by Massachusetts Lawyers Weekly [sub. req'd] on April 16, 2025.

The article discusses the determination by the Massachusetts Appeals Court that capital gains, which a former Massachusetts resident and his wife realized after he sold stock in the company he previously worked for, were taxable as Massachusetts source income.

Rich described the decision as a "bombshell" and commented, "We thought it was settled law that nonresidents selling corporate stock that wasn’t acquired as compensation wouldn’t be subject to tax when they sold that stock. It’s unclear how broadly this could be applied, but it’s certainly a new direction Massachusetts is taking — and a direction most states wouldn’t take."