In just a few weeks, the deadline for federal tax returns will arrive. With the new changes in tax laws, it may be difficult for many in Massachusetts to know what to expect when they get to the final calculation. Many who typically receive refunds may end up owing...
Month: March 2019
Who does the IRS consider a dependent?
Many Massachusetts residents may ask this question every year. With the tax changes now in effect this tax season, the answer may prove even more important. Like many questions posed to the IRS, the answer varies depending on the circumstances. There is more than...
How to avoid tax-related scams and identity theft
This tax season is the first to fully implement the largest tax code reform of the last 30 years. Questions and concerns exist in tax circles about the details and gray areas.It is a good year to seek professional tax advice even if you have completed returns yourself...
Those owing the IRS shouldn’t book their vacations just yet
Spring is nearly here, and summer will be nipping at its heels. During this time, many Massachusetts residents begin planning vacations outside the country -- often to warmer climates. For those who owe the IRS back taxes, it may be better to hold off on making those...
The IRS wants to set the record straight for taxpayers
During tax season, Massachusetts residents often hear rumors regarding how to save money on taxes, whether they will end up paying more for one reason or another, and more. Now, with the changes in the tax laws and the questions regarding the government shutdown,...