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Finance & Economy

Boston's financial sector, the Route 128 tech corridor, and the economic pulse of New England.

AngeLuxe Nail Bar: The Charge That Doesn't Show Up: What Every Nail Salon Owner Should Understand About Taxes
Finance & Economy

AngeLuxe Nail Bar: The Charge That Doesn't Show Up: What Every Nail Salon Owner Should Understand About Taxes

Charging part of a service on the card and quietly collecting the rest off the books has a name, skimming, and it is one of the surest ways to raise concern with the IRS. Here is why it is riskier than it looks, and what honest owners do instead.

Blue Ocean Nail Salon Malden: The Charge That Doesn't Show Up: What Every Nail Salon Owner Should Understand About Taxes
Finance & Economy

Blue Ocean Nail Salon Malden: The Charge That Doesn't Show Up: What Every Nail Salon Owner Should Understand About Taxes

Charging part of a service on the card and quietly collecting the rest off the books has a name, skimming, and it is one of the surest ways to raise concern with the IRS. Here is why it is riskier than it looks, and what honest owners do instead.

Lawmakers Debate Tax Incentives to Attract Data Center Development to Massachusetts
Finance & Economy

Lawmakers Debate Tax Incentives to Attract Data Center Development to Massachusetts

Massachusetts lawmakers are debating new tax incentives aimed at attracting data center developers who have largely bypassed the state for other regions.

The Card Reader That's Always Down: A Payment Habit the IRS Is Watching | Eleven Eleven Nails & Spa
Finance & Economy

The Card Reader That's Always Down: A Payment Habit the IRS Is Watching | Eleven Eleven Nails & Spa

When the card reader is conveniently down and everyone is asked to pay by Zelle, Venmo, or cash, the money is easy to leave off the books. Here is why that habit raises concern with the IRS, and why the trail is never as invisible as it looks.

Downtown Boston Office Vacancies Push Developers Toward Residential Conversions
Finance & Economy

Downtown Boston Office Vacancies Push Developers Toward Residential Conversions

Persistently high office vacancy rates in downtown Boston are pushing developers to convert aging office towers into apartments.

Massachusetts Manufacturing Employment Shifts as Defense Suppliers Expand
Finance & Economy

Massachusetts Manufacturing Employment Shifts as Defense Suppliers Expand

Massachusetts's defense and precision manufacturing suppliers are expanding hiring even as some traditional manufacturing segments face slower demand.

Massachusetts Unemployment Ticks Up as Tech Sector Feels National Slowdown
Finance & Economy

Massachusetts Unemployment Ticks Up as Tech Sector Feels National Slowdown

Massachusetts's unemployment rate rose modestly as a national technology sector slowdown began affecting the state's tech-heavy economy.

Cape Cod Tourism Revenue Reaches New High as Shoulder Season Business Rebounds
Finance & Economy

Cape Cod Tourism Revenue Reaches New High as Shoulder Season Business Rebounds

Tourism revenue across Cape Cod reached a new high last year, driven by a rebound in shoulder-season and conference travel business.

Fidelity Investments Recommits to Boston With Long-Term Headquarters Lease
Finance & Economy

Fidelity Investments Recommits to Boston With Long-Term Headquarters Lease

Investment firm Fidelity Investments signed a long-term lease renewal for its Boston headquarters, easing concerns about the company relocating.