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.
A man charged with murder in connection with the shooting of five people outside a Boston restaurant has been ordered held without bail.
Boston Red Sox fans should be extremely happy with the deals the team made at the trade deadline, according to WBZ-TV's Dan Roche.
The Lindsay Clancy murder trial resumed for a sixth day Tuesday with more testimony from prosecution witnesses and a focus on prescription pills.
One man is under arrest after five people were shot in Hyde Park early Monday morning, Boston Police said. One of the victims died.
The Boston Red Sox traded infielder Marcelo Mayer to the San Francisco Giants for left-handed relief pitcher Erik Miller.
The Lindsay Clancy murder trial resumed Tuesday with more testimony from prosecution witnesses and a focus on pills.
A Massachusetts State Police lieutenant testified about the prescription medication found in Lindsay Clancy's home after she killed her three children.
A man charged with murder in connection with the shooting of five people outside a Boston restaurant has been ordered held without bail.
Boston Red Sox fans should be extremely happy with the deals the team made at the trade deadline, according to WBZ-TV's Dan Roche.
WBZ-TV's Dan Roche has the latest from day 9 of New England Patriots training camp in Foxboro.
Several people in New Hampshire have cyclospora infections linked to Taylor Farms lettuce.
Taylor Farms said none of its branded salads or kits contain the iceberg lettuce associated with the outbreak.
A lettuce supplier to fast-food giant Taco Bell has been linked to a nationwide cyclosporiasis outbreak that has sickened thousands of people, the CDC said.
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.
An I-Team investigation into a brazen case of alleged land theft in Concord, Massachusetts has led to criminal charges nearly two years later.
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.
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."
Panera Bread is moving its headquarters from St. Louis to Weston, Massachusetts.
Breaking Grounds Cafe, a Peabody, Massachusetts coffee shop known for employing people with disabilities, is closing.
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.
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.
Boston Red Sox fans should be extremely happy with the deals the team made at the trade deadline, according to WBZ-TV's Dan Roche.
The Boston Red Sox traded infielder Marcelo Mayer to the San Francisco Giants for left-handed relief pitcher Erik Miller.
The Boston Red Sox have traded for Baltimore Orioles catcher Adley Rutschman just ahead of the MLB trade deadline.
Ceddanne Rafaela homered for the third straight game and the Boston Red Sox beat the Los Angeles Dodgers 8-4 to sweep the three-game series.
Michael Thorbjornsen of Wellesley, Massachusetts won his first PGA Tour title at the Rocket Classic on Sunday.
Natick says it is installing a new floating boardwalk across Pickerel Pond.
Rising ocean temperatures are drawing more hammerhead sharks to New England waters, researchers say.
Some of the oldest military veterans in Massachusetts were honored with special flights on Friday in a World War II-era aircraft.
After marrying Taylor Swift and Travis Kelce, Adam Sandler went to Nantucket in search of a basketball court.
An injured hiker had to be carried off a New Hampshire mountain on a stretcher, but that didn't stop her from getting engaged.