Cormier & Rea announce additional office at 483 Summer St, Ste 2000, Arlington, MA

Mass Tax Amnesty for non-filers. If you have not filed one or more tax returns you need to read this

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 …

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Massachusetts Amnesty for non-filers (Do not miss this opportunity if you have not filed in previous years!)

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 …

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Penalties for Massachusetts taxpayers without required health insurance in 2016

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 …

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Mass. Lawmakers Weigh New Tax Breaks For Businesses

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 …

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