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 die-hard Red Sox fan is behind a development in Herriman, Utah, that has been going viral on social media.
Michael Proctor requested court permission to remain silent after he was called as a witness in the case against Myles King, who is accused of a 2021 Milton murder.
At Wentworth Institute of Technology in Boston, students are getting AI ready. This semester the university launched a new major for AI.
The non-profit Voices of Hope works to entertain while raising money for research and to support patients.
Federal agents have arrested 75 people suspected of possessing and distributing child sexual abuse material while working aboard cruise ships that docked in Boston.
Macklemore says Ed Sheeran has dropped him from an upcoming Gillette Stadium concert after a call from Robert Kraft.
Michael Proctor requested court permission to remain silent after he was called as a witness in the case against Myles King, who is accused of a 2021 Milton murder.
Federal agents have arrested 75 people suspected of possessing and distributing child sexual abuse material while working aboard cruise ships that docked in Boston.
President Trump responded to a request for a pardon from Lindsay Clancy's attorney, saying it's a "state situation."
A die-hard Red Sox fan is behind a development in Herriman, Utah, that has been going viral on social media.
In Massachusetts, one high school explained steps it has taken to try and reduce head injuries.
This year, ER visits for tick bites have increased dramatically, corresponding with a new threat: a rise in Alpha-gal syndrome (AGS), where one bite from a lone star tick can make you violently allergic to red meat. How can you best avoid tick bites?
Moderna and Merck announced study results that reflect a "landmark moment" in treatment for one of the deadliest forms of skin cancer.
Sydney Towle, known for her social media content about living with a rare form of cancer called cholangiocarcinoma, died Wednesday in Bethesda, Maryland.
Massachusetts has seen more than 100 cyclospora cases this summer, with some linked to lettuce.
A former FAA special agent says the 9/11 attacks never should have happened because the government was aware of the vulnerabilities.
According to I-Team sources, a Massachusetts State Police trooper allegedly targeted his former girlfriend with racist messages after she began dating a man of color.
Massachusetts State Police have opened an internal affairs investigation after an alleged sexual assault at the department's Oak Bluffs barracks, the WBZ-TV I-Team has learned.
After a man sold his pickup truck on eBay he said the company held onto half his money - nearly $12,000. Here's how it was resolved.
A windshield replacement error knocked out the safety features in Meg Burke's car. When she paid nearly $500 to get it fixed, she couldn't get Safelite to pay her back, so she called the I-Team's Call for Action.
Jon Keller said it's a mistake to think that young people will automatically gravitate to a younger candidate in Massachusetts.
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.
The immersive WNDR Museum in Boston's Downtown Crossing is set to close down just two years after it opened.
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.
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.
Payton Tolle opened the game with an immaculate inning, Roman Anthony hit a go-ahead single and the Boston Red Sox beat the Kansas City Royals 4-1 on Sunday.
The bad news for the New England Patriots continues to get worse when it comes to wide receiver A.J. Brown's ankle injury.
Ranger Suarez struck out eight in seven innings of one-run ball, Wilyer Abreu hit a tiebreaking two-run double and the Boston Red Sox beat the Kansas City Royals 5-1 on Saturday to halt a three-game skid.
For the first time ever, the annual Red Bandana Game was held on 9/11, honoring Welles Crowther's heroism.
Carter Jensen had a two-run double, Salvador Perez added an RBI and the Kansas City Royals beat the Boston Red Sox 3-2 on Friday night.
A magazine borrowed from the Concord Public Library in New Hampshire 132 years ago has finally been returned.
A blue marlin weighing 1,260 pounds was caught by a charter fishing boat off Massachusetts.
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.