Mass.Gov Blog

The Official Blog of the Website of the Commonwealth of Massachusetts

Category Archives: Finance

4 Things to Do When Applying for Financial Aid Posted on Jan 28

4 Things to Do When Applying for Financial Aid

Each year, financial aid helps millions of students across the United States achieve their dreams of attending college. There are many free resources available to guide you through the application process. The Office of Student Financial Assistance (OSFA), a division of the Department of Higher   …Continue Reading 4 Things to Do When Applying for Financial Aid

MEFA: A College Planning Resource for Massachusetts Residents Posted on Nov 13

MEFA: A College Planning Resource for Massachusetts Residents

This is a guest blog post from the Massachusetts Educational Financing Authority (MEFA). Did you know you have a resource in Massachusetts to help you and your family plan for college? We are the Massachusetts Educational Financing Authority (MEFA), a not-for-profit state authority that was   …Continue Reading MEFA: A College Planning Resource for Massachusetts Residents

Managing Consumer Credit: Part 2 Posted on Oct 29

Managing Consumer Credit: Part 2

The first part of our credit series showed how understanding credit can help you build a positive credit history. Now it’s time to talk about credit management. The Office of Consumer Affairs and Business Regulation (OCABR) and the Attorney General’s Office (AGO) offer guidance on checking your credit   …Continue Reading Managing Consumer Credit: Part 2

Understanding Consumer Credit: Part 1 Posted on Oct 27

Understanding Consumer Credit: Part 1

Have a credit card but don’t know how it works? Considering taking out a loan but not sure if you qualify? In the first of this two-part series, the Office of Consumer Affairs & Business Regulation (OCABR) and the Attorney General’s Office (AGO) outline the   …Continue Reading Understanding Consumer Credit: Part 1

How to Make Energy-Efficient Home Improvements That Will Help You Save All Year Posted on Sep 3

How to Make Energy-Efficient Home Improvements That Will Help You Save All Year

Between fans and air conditioners in the summer and heaters in the winter, Massachusetts residents are almost always running systems to heat or cool their homes. However, you can make energy improvements this fall to help keep costs down year round and help the environment.   …Continue Reading How to Make Energy-Efficient Home Improvements That Will Help You Save All Year

The Economic Development Incentive Program (EDIP): Helping Massachusetts Businesses Grow Posted on Aug 6

The Economic Development Incentive Program (EDIP): Helping Massachusetts Businesses Grow

Since January, the Economic Development Incentive Program (EDIP) has approved 29 economic development projects creating 1,604 new jobs, retaining 2,481 existing jobs, and leveraging $375.8 million in private investment. This initiative, managed by the Massachusetts Office of Business Development (MOBD) — part of the Executive   …Continue Reading The Economic Development Incentive Program (EDIP): Helping Massachusetts Businesses Grow

Get Your Money Back, Massachusetts! Posted on Mar 27

Get Your Money Back, Massachusetts!

Whether it’s a few dollars in your coat pocket or change in an old piggy bank, everyone loves finding forgotten money. The Commonwealth is currently holding more than $2.4 billion in unclaimed property, and according to the Massachusetts Unclaimed Property Division, under the Office of   …Continue Reading Get Your Money Back, Massachusetts!

What Are Estimated Taxes and Who Must Pay Them? Posted on Feb 19

What Are Estimated Taxes and Who Must Pay Them?

For some workers, tax season doesn’t end on April 15. In fact, that’s the date when it begins. Freelancers, contractors, and any professional who doesn’t have taxes withheld from paychecks may be required to make an estimated tax payment at the end of each quarter   …Continue Reading What Are Estimated Taxes and Who Must Pay Them?

What Is Prescription Advantage? Posted on Feb 4

What Is Prescription Advantage?

Massachusetts residents who are elderly or have disabilities can get supplemental assistance through Prescription Advantage to help pay for prescription drugs without insurance. Prescription Advantage is a prescription drug assistance program run by the Executive Office of Elder Affairs (EOEA). How Can Prescription Advantage Help? Prescription   …Continue Reading What Is Prescription Advantage?

What Is Corporate Excise Tax? Posted on Jan 29

What Is Corporate Excise Tax?

Corporate excise tax applies to all corporations operating in Massachusetts, both foreign and domestic. Due on the 15th day of the third month after the close of the corporation’s fiscal year, corporate excise tax payments can be filed online through WebFile for Business. While electronic   …Continue Reading What Is Corporate Excise Tax?