Massachusetts tax rules have their own quirks
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The big kahuna of tax is the federal return, but that doesn't mean you can ignore the state return.
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Two pieces of legislation are intended to protect private wealth and create a more coherent tax code.
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Sometimes it is small provisions that trip up big bills.
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Congress just tightened up the tax  breaks on kids&#039; savings accounts, but it&#039;s hardly &quot;game over&quot;  for parents who know how to manage their family money.
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CAMBRIDGE -- After a week of being excoriated by Massachusetts business leaders for proposed tax increases, Governor Deval L. Patrick yesterday changed the subject to a corporate crowd pleaser: Speeding up environmental regulatory approvals.
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Putting pressure on the Legislature to act, Mayor Thomas M. Menino today will introduce a proposal to reduce Boston's property taxes $200 a year for the average homeowner if the Legislature gives the city the ability to impose a 1 percent meals tax and a tax on telecommunications companies.
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Companies moving to the Washington region face a sometimes bewildering variety of tax structures, regulatory environments and geographic features.
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Easing the concerns of hundreds of small Massachusetts companies, new state regulations for freight elevators appear to strike a balance between safety and financial considerations, according to small-business advocates.
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Some taxpayers have been dusting off an old Internal Revenue Service ruling about signing bonuses in baseball contracts and using it to justify skipping payroll taxes and income-tax withholding on signing bonuses generally.
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Blacks, Latinos, and Asians in Massachusetts are having a tougher time than whites in juggling housing costs with other everyday expenses, according to a University of Massachusetts study that seeks to spur debate as the governor's office changes hands.
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A new tax break could make some homeowners even happier.
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Maryland's efforts to close a gaping budget shortfall next year could result in higher income taxes for the state's more affluent residents -- and a possible break for those earning less.
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The tax and fee burden borne by Massachusetts residents has dropped sharply since the 1990s, when compared with other states, according to an analysis released yesterday.
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Trying to turn the ongoing credit crunch to their advantage, some Massachusetts banks are ramping up their criticism of other mortgage lenders.
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Here are two words that can get a person so riled up you would think you'd insulted his mama: tax time.
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MIAMI -- It didn't take accounting firm owner Richard Berkowitz long to figure out he had a problem during tax season relating to his younger workers. ``When I told them it was mandatory they come in on the weekend, they looked at me like I was out of my mind."
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Don't assume that the alternative minimum tax won't affect you.