The Medtronic award is part of $17 million in tax incentives the state of Massachusetts recently announced for 25 life ...

The Mass. Life Sciences Center is making 21 companies pay back tax breaks they received for failing to meet their hiring ...

The MBTA is dumping nearly a billion dollars in revenue from the Massachusetts millionaire’s tax on projects officials say ...

Massachusetts has a flat tax rate of 5%. An additional 4% tax is levied on income over $1 million, making the highest tax rate in the state 9%.

Local business groups hope the Legislature kills the estate tax, which kicks in if an individual dies and leaves assets to heirs totaling more than $2 million.

Massachusetts has a base-rate five percent flat tax rate on earned and unearned income, including wages, interest, and ...

BOSTON (WWLP) – Massachusetts lawmakers are considering a new bill that could increase state revenue by raising taxes on large corporations’ excess foreign profits. The proposed legislation aims to ...

If there’s one thing that’s clear in a new Massachusetts Fiscal Alliance Foundation poll that dropped earlier this week, it’s that, nearly nine months into Trump 2.0, Bay State voters have a lot on ...

Many out-of-state residents own real estate in Massachusetts such as a summer home on the Cape or a secluded getaway in the Berkshires. What many don’t realize is that their estates could be subject ...

For the 2023-24 financial year, President Carmen Twillie Ambar received $554,146 filed under Bonus and Incentive Compensation in Oberlin’s tax documentation, bringing her total compensation from ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min From 2019 to 2025, restaurant ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...