Amid legislative work on a budget, Massachusetts House Speaker Robert DeLeo is asking the state’s highest court to weigh in on a Senate-approved measure to freeze the state income tax rate at 5.15 percent while gradually increasing the earned income tax credit for low-income working families.
Tax breaks can make raising children a little more affordable.
The Education Bond Program was the first program available to offer any kind of a tax break for parents trying to save for college.
Companies looking to win a Massachusetts casino license say the state needs to change how it taxes winnings to avoid discouraging gamblers and cutting the state’s and casino’s take.
The new year may bring a small tax cut for Massachusetts residents.
With the cooler weather here, heading south has some strong appeal.
Gov. Deval Patrick is rallying activists to lobby for the major income tax increase he’s proposed instead of settling for the lesser revenues of the legislature’s gas and cigarette tax hikes.
Experts recommend using some type of guidance to navigate forms and maximize your returns.
So you’ve prepared your tax return and found that you owe. What should you do if you can’t pay?
The IRS expects 75 percent of all 2012 returns will get a refund, so if you haven’t started preparing your taxes yet, do it.