Massachusetts has a flat tax rate of 5%. An additional 4% tax is levied on income over $1 million, making the highest tax rate in the state 9%.

Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. Massachusetts has entered a new era for taxpayers with a significant tax ...

Massachusetts taxpayers will be able to deduct charitable contributions on their state income tax returns for charitable contributions made after January 1, 2023. The deduction will be allowed even if ...

Attention to owners of real estate in the Commonwealth (and the title companies and other professionals who advise them), the Massachusetts ...

Last October, during a news conference at the State House, Gov. Maura Healey, flanked by Lt. Gov Kim Driscoll, and allies in the state House and Senate, signed a sweeping package of tax cuts into law.