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Posted inBusiness, Nation & World

IRS to waive $1 billion in penalties for people, firms owing back taxes for 2020 or 2021

WASHINGTON — The IRS said Tuesday it is going to waive penalty fees for people who failed to pay back taxes that total less than $100,000 per year for tax years 2020 and 2021. Nearly 5 million people, businesses and tax-exempt organizations – most making under $400,000 per year – will be eligible for the relief […]

Posted inNew England

Boston mayor apologizes to Black men wrongly accused in 1989 murder that shone spotlight on racism

BOSTON — Boston Mayor Michelle Wu issued a formal apology Wednesday to two Black men who were wrongly accused in a 1989 murder of a white woman, a case that coarsened divisions in a city long split along racial lines and renewed suspicion and anger directed at the police department by the city’s Black community. “I […]