IRS making changes that could impact your future tax returns
WBZ TV's Liam Martin reports.
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WBZ TV's Liam Martin reports.
Any possible refunds will be based on how much each taxpayer paid in.
The Massachusetts Legislature has set the date for the sales tax holiday weekend to be August 13th and 14th.
The pandemic has caused significant delays, particularly for returns filed on paper.
Here are five things new parents can do to make the most out of their change in tax status.
These seven strange and arcade deductions might help you lower your tax burden this year.
If you accrued any student loan debt in 2016, here's everything you'll need to know when filing your tax returns this year.
Here what you need to about how tax deductions will change for the tax year of 2017.
Here's everything you need to know about when you need to file your tax return, when the extended filing deadline is and when you can expect your refund.
You've got a hefty check headed your way, thanks to your tax refund. Don't spend it just anywhere. Instead, here are five smarter ways to use your refund money.
Whether you do your own taxes or you pay an accountant to help you, there are lots of very easy mistakes that many people make on their tax returns every year. Here are five of the most common tax mistakes that people make.
When it comes time to choose a tax professional, there are many things that a tax payer needs to understand. Here are some basic questions to ask and details to learn before hiring someone to take care of your income tax preparation needs.
From deducting child care and medical expenses to education costs and state sales tax opportunities, here is a look at a number of tax deductions people should not ignore when filing their taxes.
There are new tax laws to follow every year. Here's what you need to know about the most recent changes.
Here are the latest 12 common tax scams that the IRS is warning you about this year.
Confused about whether or not to hire a tax professional? Here are a few things to consider.
From gathering all possible income to understanding home and job-related deductions and the Affordable Health Care Act, here is a look at what a person needs to do when filing their taxes in 2016.
From understanding the 2015 tax penalties for not carrying health insurance to learning about exemptions, here is what tax payers need to know about the Affordable Health Care Act and their taxes.
Tax 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.
Knowing what you can legitimately deduct off your taxes and what receipts you didn't need to hold on to after all, can help both you and your accountant avoid a lot of headaches.
Tax breaks can make raising children a little more affordable.
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.
If you work from home, then it's very important that you know and understand how the home office deduction works. Here is a quick look at how the deduction works and when you can take it.
We all have to pay taxes but it turns out we have some control when it comes to staying under the IRS radar and avoiding an audit.
