Hobbies and businesses are treated differently when it comes to filing taxes in Massachusetts. The biggest difference between the two is that businesses operate to make a profit while hobbies are for pleasure or recreation. Either way, if they are paid through payment...
A Massachusetts divorce after age 60 is becoming more common. This trend, often called “gray divorce,” is changing how people think about marriage and retirement. Many couples who have spent decades together are now choosing to go their separate ways. This shift...
When someone passes away, their loved ones expect to inherit what’s left behind. But the reality is often more complicated. Legal loopholes can eat away at inheritances, leaving heirs with far less than they expected. These loopholes aren’t always obvious. Sometimes,...
Contrary to popular belief, money is not one of the top arguments among Massachusetts couples who end up splitting up. When a Massachusetts marriage goes bad, it rarely happens overnight. Instead, a history of conflict gradually takes its toll, and the notion of “till...
Signing a Massachusetts rental lease should never feel like stepping into a trap, but far too many tenants discover too late that they’ve agreed to conditions that cost them dearly. Hidden within the dense language of a lease agreement can be clauses that strip away...
If you know much about credit scores, you are probably familiar with the FICO score. It is the credit score that lenders use more than any other, and there are many ways to get it for free. Another credit score — the VantageScore — is less well-known. However, that...
For Massachusetts students who have taken out loans or plan to, President Donald Trump’s “One Big Beautiful Bill” which he signed could have drastic effects. From restricting how much people can borrow to completely eliminating repayment plan options, the bill will be...
Massachusetts homeowners have seen dramatic increases in property values—but those gains now come with an unexpected catch. More than 60% of all homeowners in the state could be on the hook for a hidden home equity tax when they sell, thanks to outdated federal...
Massachusetts' new law eliminates renter-paid broker fees except when the tenant specifically hires a broker. Why it matters: Renting in a high-cost city is hard enough without tacking another month's worth of rent to pay a broker they didn't contract before starting...
Whether you’re paying or receiving them, child support payments in Massachusetts are rarely a set-it-and-forget-it situation. Life changes, and when it does, those changes can significantly shift what you owe—or what you receive. Many parents are surprised to learn...