A Massachusetts business might pay an independent contractor and an employee for the same or similar work, but there are key legal differences between the two. It is critical for business owners to correctly determine whether the people providing services are...
Renee Lazar
IRS Tax Tip: Is Your Pastime a Hobby or a Business
From collecting stamps and woodworking to crafting and quilting, people have all kinds of hobbies – and most of these hobbies will never turn a profit. For hobbies that do earn income, people should know that they must report it on their tax return. They should also...
Servicemembers Sue Marine Corps. For Religious Discrimination
An active-duty Marine artillery officer and three prospective recruits, all of whom are Sikhs, are taking the U.S. military to court over rules prohibiting them from having a beard and long hair or wearing religious items. In the lawsuit, Capt. Sukhbir Singh Toor and...
VA Disability Pay Rates for 2022
The following tables show the monthly 2022 VA disability rates for Massachusetts veterans with a rating 10% or higher. These amounts are effective Dec. 1, 2021. They are tax-free. VA disability payments are made to veterans who got sick or injured while serving in the...
Massachusetts Divorce and Impact on the Mental Health of Young Children
A Massachusetts divorce can impact young people’s mental health in a variety of ways. For some young people, these effects may only be short-term, however, for others, they may be long-lasting. They may have a devastating impact on their educational attainment and/or...
How to Deal With Anger After a Massachusetts Divorce
Our society tells us that anger is a taboo emotion. One to be kept under wraps, controlled, or, if possible, “extinguished” at the first sign of an elevated temper. But what has happened to the notion of feeling our feelings constructively, of course, to move on...
How to Avoid Taxes on Your Massachusetts Social Security Retirement Income
Where you live, how much money you earn and how carefully you plan could all affect this essential retirement income. As you prepare for retirement, it’s essential to understand what your taxes will be. You may think your Social Security benefits are tax-free. After...
How to Pay for a Massachusetts Adoption
Adopting a child in Massachusetts can be expensive. Fortunately, there are many resources that can help. Here is a look at the costs of adoption and the various forms of financial assistance that may be available to you. What Does Adoption Cost? Adoption costs in the...
Medical Debt Will No Longer Appear on Credit Reports for Massachusetts Residents
Massachusetts residents have run up big medical bills, incurring debts they struggle to pay. Now, they no longer have to worry as much about how such unpaid obligations will impact their credit score. The big three credit-reporting companies — Equifax, Experian and...
IRS Tax Tip: Claiming a Child as a Dependent When Parents Are Divorced Or Living Apart
Parents who are divorced, separated, never married or live apart and who share custody of a child with an ex-spouse or ex-partner need to understand the specific rules about who may be eligible to claim the child for tax purposes. This can make filing taxes easier for...