taxes Archives - Page 2 of 3 - Cambridge

Tax tip of the week: GoFundMe can help in a crunch, and donations are usually just ‘gifts’

by Vincent Hicks June 1, 2026

Crowdfunding has become a meaningful way to bring together community support at difficult moments. It is not a complete financial plan.

NEWS

Somerville needs to brace for years of surging water and sewer bills

by Marc Levy May 29, 2026

The year of bills that starts July 1 could have been worse, but the causes of the rate increases coming up are largely out of city control.

TAXONOMY

Tax tip of the week: Find out if you missed deductions that could have lowered your income taxes

by Vincent Hicks May 25, 2026

Many taxpayers overlook valuable deductions because they focus only on itemized deductions. They should dig into schedules 1 and 1A.

TAXONOMY

Tax tip of the week: Spring cleaning can improve finances too

by Vincent Hicks May 18, 2026

Cash and tax benefits can come with a spring cleaning. And even when items aren’t highly valuable, clearing them out has benefits.

TAXONOMY

Tax tip of the week: PBS’ ‘Two Cents’ is the free financial resource you’re overlooking

by Vincent Hicks May 11, 2026

“Two Cents” has hundreds of short, engaging episodes – often just a few minutes long – designed to make money topics easier to understand.

TAXONOMY

Tax tip of the week: Go to the backdoor Roth IRA when there are limits at the front

by Vincent Hicks May 4, 2026

Here’s a way to build tax-free retirement income and reduce future required minimum distribution concerns with create greater financial flexibility.

BUSINESS

Cambridge will see a budget bigger than $1B, spending that may land hard on residential taxpayers within two years

by Marc Levy April 28, 2026

The next annual budget for the city of Cambridge will surpass $1 billion despite City Hall staff holding year-over-year growth to an austere 4.1 percent.

TAXONOMY

Tax tip of the week: Missing the tax filing deadline isn’t cause for panic

by Vincent Hicks April 27, 2026

To start with, if you’re owed a refund, there’s no penalty for filing late. Even if you owe, missing a deadline shouldn't be fatal.

NEWS

Cambridge meetings, April 27-May 4: Healthpeak shows its giant project in the Highlands

by Marc Levy April 26, 2026

Take part in meetings on Healthpeak's plan for a new neighborhood in the Alewife Quadrangle, new homes on Ellery Street and big city projects.

TAXONOMY

Tax tip of the week: Your employer can contribute to a kid’s Trump Account starting July 4

by Vincent Hicks April 13, 2026

Unlike your contributions, which are after-tax, employer contributions come pretax, similar to how a company might contribute to a retirement plan.