It is not surprising that many Massachusetts residents feel as though the IRS was not fair with them. Some of them are obligated to pay large tax bills with no avenue for relief other than working out a payment plan or some other agreement with the agency. However,...
April 15 has come and gone. If Massachusetts residents failed to file their income tax returns or file for extensions by this date, they could face consequences if they owe money to the IRS. Unfiled tax returns could lead to substantial penalties and interest, among...
Owning a business is a dream of many Massachusetts residents, but doing so comes with certain financial responsibilities. Most people fulfill these obligations, which include paying personal and business taxes. Every so often, the IRS alleges that certain business...
It’s April and the tax filing deadline is less than two weeks away. If you have not yet filed or had a chance to think about taxes, you still have options.Take a realistic assessment of the new week and a half. If your calendar is so busy the odds of filing on...
As a Massachusetts business owner, executive or bookkeeper with employees, you know that you are responsible for keeping a portion of each worker's check for withholding and Social Security taxes. After putting these amounts in a trust, you are to transmit them to the...
