IRS says Mass. tax rebate does not need to be counted as taxable income
Millions of taxpayers in the state had been told to hold off on filing their taxes.
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Millions of taxpayers in the state had been told to hold off on filing their taxes.
The IRS is trying to determine whether tax rebates, issued in Massachusetts and many other states last year, count as income.
WBZ TV's Kate Merrill reports.
Government's new classification of cars that qualify for the generous tax credit is a win for Tesla and other automakers.
The documents contain details that were not previously public, such as loans he gave to his children, income from book royalties and Melania's modeling, and how much of his presidential salary was given to charity.
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.
Tax agency cautions Americans not to expect to receive refunds by specific date to pay bills or make big purchases.
WBZ TV's Liam Martin reports.
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.
Dylan Cease struck out the side in the first inning, combining with 10 relievers on a three-hitter in a show of pitching dominance that led the American League to a 4-0 win over the National League in the All-Star Game.
A stretch of sand dunes on a Quincy beach was burned after a fireworks accident, a woman who lives nearby said.
The arrival of the "Boston Cone" marked the latest chapter in the city's unlikely love affair with Scotland's Tartan Army.
In the first in person hearing in federal court for a lawsuit filed by Karen Read, members of the McCabe and Albert families asked a judge to throw out parts of the case.
Billy Starr, the founder of the Pan-Mass Challenge, announced Tuesday that he will not ride in this year's event after fracturing his pelvis in a bicycle accident.
Why is the sky yellow over Boston? Canadian wildfire smoke will cause poor air quality on Wednesday in Massachusetts.
In the first in person hearing in federal court for a lawsuit filed by Karen Read, members of the McCabe and Albert families asked a judge to throw out parts of the case.
More than 40 beaches in Massachusetts were closed for swimming Tuesday as another heat wave hits the Boston area.
Billy Starr, the founder of the Pan-Mass Challenge, announced Tuesday that he will not ride in this year's event after fracturing his pelvis in a bicycle accident.
Neither of the victims of the ICE shootings in Maine or Texas were the target of enforcement operations, according to the Department of Homeland Security.
Massachusetts is reporting cases of cyclosporiasis, a disease caused by a stomach parasite that can lead to "explosive" diarrhea.
Many people fear that a family history of dementia dooms them to inevitably suffer the condition themselves. But a new tool, the Brain Care Score, shows how lifestyle changes can be beneficial, cutting the risk of dementia.
There was a possible measles exposure at Logan Airport in Boston last week, Massachusetts health officials say.
A new study finds that a simple blood test could predict Alzheimer's disease long before symptoms appear.
The Lone Star tick, which can cause alpha-gal syndrome, is spreading north throughout Massachusetts.
With the Brigham and Women's Hospital nurses strike looming, some parents of newborns in the NICU are sounding the alarm.
A Malden, Massachusetts woman said National Grid took more than $28,000 out of her bank account for a gas bill that she didn't owe.
A Massachusetts family thought their Vrbo stay would be protected after they had to cancel their trip to Hawaii due to severe weather. Now they're out $12,000.
A driver from Southboro, Massachusetts struggled for months to unravel a frustrating mix up with his E-ZPass account.
The gunman who allegedly opened fire on passing cars on Memorial Drive in Cambridge, Massachusetts is 46-year-old Tyler Brown from Boston.
Barney Frank, a Democrat who represented Massachusetts in Congress for 32 years, has died. He was 86 years old.
Both the Trump and Healey administrations are using government websites to blame each other for the shutdown.
Which party stands to take more of the blame from voters for the government shutdown? Here's what a new poll says.
A UNH Survey Center/Granite State poll shows John Sununu crushing Scott Brown by 23 points among likely primary voters in New Hampshire.
Seth Moulton said he's running against Sen. Ed Markey because "our party leaders are clinging to that old playbook."
The buildings that house the Somerville Theatre and the Capitol Theatre in Arlington, Massachusetts are for sale.
Golden Temple and Party Favors in Brookline are closing after a combined 100 years in business.
There are no more Hooters restaurants left in Massachusetts.
There's a proposal in Cambridge to limit customers at bars and restaurants to one drink every 30 minutes.
Boston Dynamics is expanding with a new robotics and AI center in Waltham, Massachusetts.
Beauport, the Sleeper-McCann House has become one of New England's most imaginative seaside estates.
Blending clean modern lines with the warmth of a classic seaside retreat, this stunning North Shore coastal home was designed to feel both elevated and inviting.
Set across thirty acres of rolling lawns, wooded trails, and contemporary outdoor art, deCordova Sculpture Park and Museum invites visitors to experience art in the landscape.
James Beard Award-winning chef and restaurateur Karen Akunowicz has become known for her bold, Italian-inspired cooking and unmistakable culinary voice.
Just a short drive from Newport, the Norman Bird Sanctuary spans 300 acres of fields, forests, and coastal trails with sweeping views and more than six miles of hiking paths.
Dylan Cease struck out the side in the first inning, combining with 10 relievers on a three-hitter in a show of pitching dominance that led the American League to a 4-0 win over the National League in the All-Star Game.
Jordan Walker played spoiler in Philadelphia and homered on his last six swings to defeat Phillies slugger Kyle Schwarber at Citizens Bank Park.
The Boston Red Sox have won 14 of 16 and climbed from last in the American League to within a half-game of the final wild card spot.
The Red Sox extended their winning streak to nine by beating the New York Mets 3-2 Sunday.
The surging Red Sox extended their winning streak to eight games with a 4-0 victory over the Mets on Saturday.
An injured hiker had to be carried off a New Hampshire mountain on a stretcher, but that didn't stop her from getting engaged.
A seal pup was spotted hanging ten on a boogie board off the cost of Maine this Fourth of July.
Avi Loeb, a Harvard astronomer who has made headlines with his theories about alien encounters, will lead a White House scientific advisory council on UFOs.
Haggis is not on the menu in Boston for the World Cup, despite what Gov. Healey told Scotland supporters in a lighthearted social media video.
There have been multiple sightings of a black bear in some unusual locations on the seacoast of New Hampshire and in southern Maine.