Led by Dorchester's own Lew Finfer, opponents of the income tax cut filed a lawsuit with the SJC arguing that Attorney General Andrea Campbell's summary of the proposal is so flawed and unfair that ...

The $10,000 cap on the deductibility of state and local tax (“SALT”) from federal taxable income for most non-corporate taxpayers is set to expire at the end of the year. The list includes several ...

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. LANSING — The state elections board on Thursday rescinded ...

Income brackets and the standard deduction will increase slightly for the 2026 tax year, the Internal Revenue Service announced Thursday. Tax brackets will rise by about 4% for lower-income ranges and ...

Millions of taxpayers could see a lower tax bill next year due to the so-called "big, beautiful bill" that was signed into law on July 4 by President Trump, with a recent analysis finding that every ...

Under the income-tax laws, only the distribution of income by an HUF to its members is exempt under Section 11 read with ...

U.S. Income Tax Return for an S Corporation is used to report the income, losses, and dividends of S corporation shareholders ...