The historic Essex House in Holyoke is facing foreclosure as its current and former owners are delinquent in paying a substantial amount of taxes. A tax lien was previously placed on the property to no avail. The property is also in a deteriorating state, causing many...
A new analysis of Internal Revenue Service data shows that the IRS is more likely to go after high-wage earners than lower income taxpayers. The data revealed that taxpayers who have taxable incomes in excess of $1 million were almost 12 times more likely to have a...
Massachusetts residents may have heard that Stephen Baldwin has entered into a plea agreement regarding taxes that he owes New York state. In exchange for paying $300,000 within a year's time, Baldwin will avoid carrying around a record for tax evasion. Stephen...
The IRS is aware of several tactics that unethical tax preparers use, and it is trying to warn the general public this tax season. Tax preparers may file false income tax returns by claiming more personal expenses or business expenses, claiming deductions or credits...
