Taxes

Your Taxes: Audit Red FlagsLess than one percent of last year’s returns got audited.
Your Taxes: Your InvestmentsThe profit on investments that you hold for less than a year and then sell are considered short term gains and are taxed as ordinary income. Investments you hold longer than one year are taxed at a lower rate, a long term capital gains rate.
IRS E-File System Shut Down Over Computer GlitchThe IRS hopes to restore normal operations sometime Thursday.
Your Taxes: Education Credits & DeductionsCollege is a very expensive experience. Congress and the IRS have given us a few ways to offset education costs.
Your Taxes: Deductions & CreditsTax deductions lower your taxable income. Tax credits provide a dollar-for-dollar reduction of your income tax liability.
Your Taxes: The First StepThe tax information has begun to arrive. Open those envelopes!
File Your Taxes For Free And Receive A Bigger Refund
Mass. Lawmakers To Hear 'Millionaire Tax' ProposalLegislation that's been dubbed the "millionaire tax" is going before a legislative committee on Beacon Hill.
Year End Gifts To CharityThere are several tax rules that you should know about before you give.
Tax Planning For 2015It is very difficult to talk about money just days before Christmas but I am going to try.
Massachusetts Tax Collections Miss Target In NovemberMassachusetts tax collections fell slightly below projections in November.
Last Minute Year-End Tax Planning You Can DoIf you plan to itemize on your tax return you should be looking at ways to increase your deductions for this year.

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