IRS expects to collect billions more in unpaid and overdue taxes
The IRS says tax revenues will rise by as much as $561 billion over the next decade due to funding from the Inflation Reduction Act.
The IRS says tax revenues will rise by as much as $561 billion over the next decade due to funding from the Inflation Reduction Act.
Tax experts and the IRS itself have warned about smaller refund checks this year due to expiring pandemic aid.
The IRS is trying to determine whether tax rebates, issued in Massachusetts and many other states last year, count as income.
Many tax benefits instituted during the pandemic have lapsed, which means some people could see smaller refunds.
Max out contributions to your 401k, prune investments and make sure you've paid enough to reduce headaches in April.
The Democratic-controlled House Ways and Means Committee is expected to vote Tuesday on whether to publicly release years of the former president's tax returns.
The first round of advance Child Tax Credit payments went out to parents on July 15, but some payments have been delayed or were inaccurate.
Geared primarily towards low-to-middle income, working individuals and families, the Earned Income Tax Credit (EITC) is a federal benefit able to provide relief to those who meet specific criteria, by reducing the amount of tax owed and by increasing the amount of tax monies refunded, as determined after filing. Both single and married people can benefit from EITC, regardless of whether or not they have children or other dependents.
It's easy to make a mistake on your taxes, especially if you are a new business owner or running a small business. Before you file, dot your i's and cross your t's by making sure to use the correct tax forms.
An ESA is another savings program for educational expenses which can be set up for kids under 18 years of age. The annual contribution limit is $2,000 per child.
Experts recommend using some type of guidance to navigate forms and maximize your returns.
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.
The I-Team has learned Massachusetts is one of the areas of greatest concern. We've been told gangs based in the Lawrence area with links to the Dominican Republic are very active in this area.
When ESA's were created they were named Educational IRAs and limited to a $500 contribution. With a name change they became the Coverdell Education Savings Accounts.
Must I provide a Social Security number to any business or government agency that asks?
These were the Educational IRAs that had a name that made no sense.
A truck landed on top of several parked cars after it crashed into a building in Brockton on Friday morning.
The Bruins and the Maple Leafs are once again taking their rivalry to the NHL Playoffs.
A disappearing lizard population in the mountains of Arizona shows how climate change is fast-tracking the rate of extinction.
Huong Vu's story of a challenging journey from Vietnam to the United States now serves as a resource for families going through similar experiences.
Dennis Dechaine is serving a life sentence for the murder and sexual assault of Sarah Cherry, who disappeared while babysitting in 1988.
A truck landed on top of several parked cars after it crashed into a building in Brockton on Friday morning.
High mortgages rates, high prices and low inventory are making homes tough to sell in Massachusetts.
A JetBlue flight was forced to abort takeoff due to another aircraft attempting to cross the runway at Washington Reagan National Airport.
Anticipation was growing at a fever pitch before Taylor Swift's latest album, "The Tortured Poets Department," dropped at midnight EDT. But it turned out it's actually a double album.
Cancer patients now must go elsewhere for treatment after Steward Health Care suddenly shut down the outpatient clinic at Good Samaritan Medical Center.
A new study finds that exercise may help reverse aging by reducing the buildup of fat.
Health officials are warning consumers not to consume the Infinite Herbs basil sold at Trader Joe's after 12 people were sickened.
Mass General Hospital will add 94 inpatient beds by 2027.
Researchers in Singapore looked at whether or not plant-based meat alternatives provided the same health benefits as real meat.
A nonsurgical weight loss procedure may be more effective and less expensive than weight loss drugs like Ozempic.
State contracts obtained by the I-Team show taxpayers are paying tens of millions of dollars to hotels for rooms and food.
A fourth-grade teacher at an elementary school in Cambridge is facing child rape charges.
William Foley Jr., a five-time drunk driver who lost his license after a fatal crash in 2001, is back behind bars after an I-Team investigation.
The IRS Criminal Investigation unit helps go after violent criminals, including some right here in Boston.
A pet DNA testing company out of New Hampshire linked dog breeds to a human sample – twice.
According to ADL's annual Audit of Antisemitic Incidents, Massachusetts had the fifth most incidents in the country last year, up a shocking 189 percent over 2022.
"It's the golden goose," said Rooney of Boston's commercial property taxes, which provides a large percentage of the city's annual revenue.
MBTA General Manager Phil Eng gets high marks for improving the T's management and culture, but there's a lot of red ink that needs to be dealt with, says WBZ-TV's Jon Keller.
As Beacon Hill struggles to deal with a surge of homeless migrants, Governor Maura Healey finds herself dealing with another surge -- of political outrage over reports of migrant crime.
A new study of driving automation technology says 11 of 14 systems performed poorly under optimal road conditions.
Boston Dynamics' latest robot is ready to "exceed human capabilities," the company says.
Rising costs are forcing small businesses located on Boston's Massachusetts Avenue to close.
Boston-based box wine brand Alileo teamed up with Caffe Nero to launch a coffee and wine experience in Massachusetts.
Today is Patriots' Day in Massachusetts. Here's what to know about the celebrations and what's open and closed for the holiday.
Market Basket is considering appealing a federal jury's decision to award a New Hampshire man more than $134,000 in an age discrimination lawsuit.
The Vermont Country Store has since become an iconic destination for locals and tourists alike.
Creating an inviting environment for the community to meet, enjoy and participate in the arts
For over 85 years, Weston Theater Company has been creating engaging, entertaining, and inspiring theater.
Surrounded by mountains, Kimpton Taconic is a boutique hotel offering both classic and highly curated experiences.
Learn how the strategic use of windows and harnessing the power of daylight can create space and comfort within a home.
The Bruins and the Maple Leafs are once again taking their rivalry to the NHL Playoffs.
The Red Sox are back to .500 after an embarrassing 3-7 homestand.
Will it be Linus Ullmark or Jeremy Swayman in net when the Bruins begin their first-round series against the Toronto Maple Leafs on Saturday night at TD Garden?
The injury bug keeps biting the Boston Red Sox.
Eliot Wolf touched on a number of topics Thursday as he held his pre-draft chat with reporters at Gillette Stadium.
The 2024 cicada broods will not be emerging in Massachusetts - but the buzzing bugs are set to appear here in 2025.
A pair of vultures thought to be "actively dying" actually had too much to drink, wildlife rescuers in Connecticut say.
A fluffy pile of golden retrievers took over the Boston Common in memory of Spencer the marathon dog.
The thick fog made for an eerie sight as the Mayflower II crossed the Cape Cod Canal.
A piece of decades-old military equipment washed up on a Cape Cod beach last week.