The end of federal tax breaks on electric vehicles has ignited a surge in new and used EV sales in Massachusetts and throughout the US, with consumers scrambling for bargains before the rebates expire ...

The federal estate tax exemption for 2025 is set at $13.99 million per person. This exemption allows individuals to transfer a substantial portion of their estate to heirs without incurring federal ...

The federal tax credits which could save you $7,500 on a new electric vehicle and $4,000 on a used EV expire Tuesday night. The Republican “One Big Beautiful Bill Act” will rescind the Biden-era ...

Want to get on someone’s good side? Help them out financially? Or, perhaps, just make them really happy? Give ‘em a gift! (Cash is always nice.) But if you’re in a gift-giving mood, and you have a lot ...

Sen. Adam Schiff and Rep. Laura Friedman, who are both attempting to pull together bipartisan bills proposing such an incentive, were quick to respond to the president on Monday. By Katie Kilkenny ...

The National Academies of Sciences, Engineering, and Medicine are private, nonprofit institutions that provide expert advice on some of the most pressing challenges facing the nation and world. Our ...

The AICPA recommended in a letter that the IRS improve several tax forms used by estates and trusts, in keeping with an executive order mandating that federal tax payments and refunds be processed ...

A federal tax credit for electric vehicles of up to $7,500 is set to expire on Sept. 30. Car shopping experts report a surge in consumer demand for EVs as the deadline approaches. Some analysts ...

Sales of electric vehicles in the United States are almost certain to tumble when the $7,500 federal tax credit for EV buyers expires on Oct. 1, leaving automakers and car buyers wondering where ...

LANSING — Michigan's personal income tax returns would mirror federal tax cuts for tips, overtime pay and Social Security, under the budget deal announced Sept. 25 by Gov. Gretchen Whitmer and ...