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 ...

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

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 ...