Tag Archives: Massachusetts

The Lowdown on State Income Tax Rates

Often overshadowed by their tax time counterpart – the federal income tax – state income tax rates generally receive less attention. However, they can definitely impact your overall bill, depending on where you live, where you work, and the total amount you earn. State Taxation of Residents States typically use one of three methods to […]

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At tax time, any way that one can put more money back into their own pocket is a welcome relief. The Earned Income Tax Credit (EITC), does just that for working families with low incomes. Based off the federal government’s version, the state of Massachusetts offers their own version of the credit for state residents. […]

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