New, Updated Laws In Massachusetts Going Into Effect In 2019The state's minimum wage is going up and the income tax rate is coming down in 2019.
Extra Days To File: Tax Day 2016 Is Not April 15thTax Day 2016 is not on April 15 as usual. Instead, it has been moved to April 17 because of Washington D.C.'s Emancipation Day. Here is a look at why Tax Day is on April 15 to begin with, what Emancipation Day is, and when Tax Day can be moved to a later date.
Mass. House Speaker Asks Court To Sort Out Tax Dispute With SenateAmid 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.
5 Tax Breaks New Parents Should Know AboutTax breaks can make raising children a little more affordable.
Saving For College With U.S. Savings BondsThe Education Bond Program was the first program available to offer any kind of a tax break for parents trying to save for college.
Casinos: Mass. Withholding Tax On Winnings Will Turn Off Gamblers, Cut TakeCompanies 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.
Mass. Income Tax Being Reduced By 0.05 PercentThe new year may bring a small tax cut for Massachusetts residents.
The Snowbird Migration Has Begun!With the cooler weather here, heading south has some strong appeal.
Small Business Owners, Menino, Skeptical Of Patrick's Proposed Income Tax HikeGov. 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.
Plenty Of Changes For Tax Filers This YearExperts recommend using some type of guidance to navigate forms and maximize your returns.
What To Do If You Owe Taxes But Can't PaySo you've prepared your tax return and found that you owe. What should you do if you can't pay?
As The Tax Man Cometh, Tips For Getting ReadyThe IRS expects 75 percent of all 2012 returns will get a refund, so if you haven't started preparing your taxes yet, do it.
Patrick Details Spending Projects In New Push For Income Tax Hike Gov. Deval Patrick is renewing his push for new revenues to pay for transportation and education initiatives, while acknowledging concerns about his plan to raise the state income tax.
Get a Bigger Refund from the IRS
Gov. Patrick Calls For Income Tax HikeGov. Deval Patrick has asked the Legislature to hike the state's income tax from the current 5.25 percent to 6.25 percent, while also calling for a reduction in the state sales tax.