THE EFFECT OF THE FEDERAL TAX CHANGES ON THE BAY STATE

in

Jan 15 2018

By Bob Katzen, The Sentinel & Enterprise News

The hearing comes on the heels of a report released last week by the Massachusetts Taxpayers Foundation reporting that of the $19 billion Bay State taxpayers could deduct under the system in place in 2015 before the passage of the new law, some $7.5 billion of that will no longer be available. The report also states that 34 percent of Massachusetts tax filers in 2015 claimed state and location tax deductions, with an average deductible claim of $17,000.
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