A guide to Paid Family and Medical Leave for Massachusetts employers (UPDATED)
UPDATED: As a Massachusetts employer, you're likely going to have new responsibilities under the Paid Family and Medical Leave (PFML) law. This guide is intended to help you prepare for those responsibilities before the law's effective date of Oct. 1,...Read more
Play Your Cards Right – Gambling Income and Professional Gamblers.
You must report all of your gambling income and comps regardless of whether or not you were issued a W-2G. Gambling income is subject to ordinary income rates but may be offset by gambling losses. Gambling losses may be written…
$1.4 Billion of Federal Tax Refunds to be Lost Forever
Unclaimed income tax refunds totaling almost $1.4 billion may be waiting for an estimated 1.2 million taxpayers who did not file a 2015 Form 1040 federal income tax return, according to the Internal Revenue Service. To collect the money, these…