The vast majority of Bay Staters pay their taxes but not all have complied. Now there’s an opportunity for those who have not filed returns, or have underreported taxes, to get on track and pay no penalties through a tax amnesty that will be open for April and May. Once the amnesty closes on May 31, penalties …
The vast majority of Bay Staters pay their taxes but not all have complied. Now there’s an opportunity for those who have not filed returns, or have underreported taxes, to get on track and pay no penalties through a tax amnesty that will be open for April and May. Once the amnesty closes on May 31, penalties …
TIR 16-2: Massachusetts INDIVIDUAL MANDATE PENALTIES FOR TAX YEAR 2016 Status: TIR; Issued Tax type: Personal Income Tax Summary: Pursuant to G.L. c. 111M, § 2, the Department of Revenue is issuing this TIR to announce the penalty schedule for individuals who fail to comply in 2016 with the requirements under the Massachusetts Health Care …
Companies will be eligible for state tax credits for hiring new workers and recent college grads under a package of job-creation proposals being weighed by lawmakers. One bill, filed by state Sen. Bruce Tarr, R-Gloucester, allows tax credits for up to 50 percent of a new worker’s salary following one year of employment. The program …