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As Massachusetts taxpayers prepare for the January 29 start of filing season, they should consider a direct deposit of any refunds due. It's easy, safe, fast - and the best way to get a refund. That's why 80 percent of taxpayers choose it every year.
The devastation of Hurricane Harvey will be felt for years to come. While relief efforts are underway to assist victims of the storm the Internal Revenue Service has also established procedures, via announcement or news relief, to assist those adversely impacted.
During settlement, the client may still have a few questions. One of the most common questions that I am asked is, “How will this impact my taxes?” This is a great question and one I’m glad to answer.