More $ for Seniors
American taxpayers age 65 and older may be eligible to claim an additional $6,000 tax deduction per person. Learn more at IRS.gov/OBBB.
2026 Filing Season Updates and Resources for Seniors
This article was published by the IRS. There are some changes for the 2026 tax filing season that people who are 65 years of age and older should be aware of. The most recent being the enhanced deduction for seniors, which is a provision of the One, Big, Beautiful Bill. The IRS is sharing what’s new, [...]
Differences Between MA and Federal Tax Law for Personal Income
General overview of the most common differences between Massachusetts and federal tax treatment of personal income — for tax years beginning on or after January 1, 2024. For more information, click here. Overview For personal income tax purposes, for tax years beginning on or after January 1, 2024, Massachusetts generally follows the provisions of the Internal [...]
Common Tax Return Mistakes to Avoid
This article was published by the IRS. Mistakes and errors can happen, but most are easily avoidable when it comes to filing federal income tax returns. Taxpayers are encouraged to review their entire return before filing to make sure it is correct and complete. This is the case even if someone else prepared it, because ultimately, [...]
Tax Inflation Adjustments for Tax Year 2026
This article was published by the IRS. Here's a review of tax year 2026 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes. Notable changes under the One, Big, Beautiful Bill The tax year 2026 adjustments described below generally apply to tax returns filed in 2027. The [...]