Income Tax Lawyers in Framingham, Massachusetts

Find the right Income Tax attorney in Framingham, MA

In Framingham, Massachusetts, income tax is imposed on most sources of income that a person receives in a given year. Under federal, state, and most local laws income from all sources can be taxed. The federal government has had the constitutional power to impose an income tax since 1916, since the passage of the 16th Amendment. Before then, states could, and still can, impose whatever income tax they like, including in Massachusetts.

While the federal income tax applies to everybody in the United States, the income taxes imposed by individual states vary widely, and some states have no income tax at all. You should consult with a Framingham, Massachusetts tax attorney or accountant to find out if your state is one of them.

Income Tax Deductions in Framingham, Massachusetts

A tax deduction is an expense which, in whole or in part, is subtracted from a person's taxable income. For example, if you make ,000 in a year, and the tax rate is 10%, a deduction of ,000 results in only ,000 being taxed. This means that you will pay ,900 instead of ,000.

This should not be confused with a tax credit, which is simply a reduction in somebody's tax bill. A tax credit will usually reduce your tax liability far more than a tax deduction of the same amount.

Under federal law, many expenses in Framingham are tax-deductible, including interest paid on a mortgage, charitable contributions, the cost of tax advice, and union or professional dues, among many others.

How Can A Framingham, Massachusetts Tax Attorney Help?

Income tax law can get fairly complex in Framingham, Massachusetts. If you have any questions about your income tax liability, you should not hesitate to speak with a tax attorney sooner, rather than later.

Talk to a Bankruptcy & Finances Law Attorney now!

Life in Framingham

Framingham is home to approximately 68,318 people. It is located in Middlesex County, Massachusetts.

The city is known for its beautiful parks. Popular ones include Bowditch Field, Butterworth Park, Winch Park, Callahan State Park, Danforth Park, Cushing Park and Cochituate State Park.

The city has three major business districts--"The Golden Triangle," Downtown/South Framingham and West Framingham. It has many small business and office complexes which significantly help support the city's economy. In these offie complexes, many attorneys have established their law offices. Therefore, residents need not travel far to have their legal needs taken care of.

All in all, Framingham offers residents a wonderful quality of life with a community-like spirit!

Clients Rate LegalMatch Attorneys
(click to read reviews)

Ian M.
Ian M.

Bankruptcy, Banking & Credit

Richboro, PA

Eddy H.
Eddy H.

Bankruptcy, Banking & Credit

San Mateo, CA

Howard B.
Howard B.

Bankruptcy, Banking & Credit

Rye Brook, NY