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%.

Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...

The Internal Revenue Service fact sheet answers questions about the impact of the One Big Beautiful Bill Act on the ...

As the famous saying goes, there are only two certainties in life: death and taxes. And every taxpayer should be aware of major changes to the tax code for the 2026 tax year. These include the tax ...

New tax cuts in the Republicans' "big, beautiful bill" act are retroactive to 2025, which means many Americans may get bigger refunds in early 2026. Here's why.

Americans may see a boost in next year’s refunds in part due to provisions in President Donald Trump’s “big, beautiful" ...

Americans may see larger tax refunds in 2026, thanks to the IRS updatng delays to account for Trump's retroactive tax provision, an economist says.

Capital gains tax is a tax on profits from asset sales. Long-term capital gains tax rates are 0%, 15% or 20%. Short-term rates equal ordinary income tax rates.

Taxpayers who buy a new car assembled in U.S. may be able to deduct up to $10,000 beginning in 2025. To help sort out the ...

The IRS has released guidance to help taxpayers understand how the One Big Beautiful Bill Act will impact existing Employee Retention Credit (ERC) claims and refunds.