OpenDOR

The official blog of the Massachusetts Department of Revenue

Yearly Archives: 2010

Individual mandate penalties set for 2011 Posted on Dec 30

The Department of Revenue has approved a 2011 penalty schedule for those who are able to afford the purchase of health insurance but fail to do so. The Massachusetts Health Care Reform Act of 2006 requires most adults 18 and over with access to affordable insurance to   …Continue Reading Individual mandate penalties set for 2011

Repeal of sales tax on alcohol takes effect Jan. 1, 2011 Posted on Dec 22

On Nov. 2, voters in Massachusetts cast a majority of ballots in favor of restoring the sales tax exemption for beer, wine and alcohol. Thus, on Jan. 1, 2011, the 6.25 percent sales tax on those items that has been in effect since August 1, 2009,   …Continue Reading Repeal of sales tax on alcohol takes effect Jan. 1, 2011

Individual mandate penalties proposed for tax year 2011 Posted on Dec 21

The Department of Revenue has posted the proposed 2011 penalty schedule for those who are able to afford the purchase of health insurance but fail to do so. The Massachusetts Health Care Reform Act of 2006 requires most adults 18 and over with access to affordable insurance to obtain it,   …Continue Reading Individual mandate penalties proposed for tax year 2011

MA health care law working; constitutionality not in doubt Posted on Dec 15

MA health care law working; constitutionality not in doubt

Posted by: Robert Bliss, Director of Communication, Department of Revenue       The new federal health care law and the previously enacted Massachusetts health care law have come under media review the past few days. Both laws have as a centerpiece an individual mandate requirement to purchase health insurance if it is deemed   …Continue Reading MA health care law working; constitutionality not in doubt

Revenue projections up, but shortfall still coming in FY12 Posted on Dec 14

The Legislature's annual Consensus Revenue Hearing today received DOR's official revenue estimates for FY11 and FY12. DOR Commissioner Navjeet K. Bal forecast an above benchmark collection for FY11 of between $19.589 billion and $19.681 billion, both well above the current estimate of $19.078 billion. For the   …Continue Reading Revenue projections up, but shortfall still coming in FY12

Slimmer state income tax booklets coming for tax year 2010 Posted on Dec 14

The growth of electronic tax filing has prompted DOR to make changes in the booklet of forms and schedules that are mailed to taxpayers. A minority of taxpayers, less than 300,000 out of 3.4 million tax filers, submitted state income tax returns on paper last year using   …Continue Reading Slimmer state income tax booklets coming for tax year 2010

More data on local option rooms tax now available Posted on Dec 1

The Municipal Data Bank maintained by DOR's Division of Local Services has created a new Local Options page that, for the first time, includes current data on revenue returned to cities and towns that have adopted the local option rooms tax. This new local option rooms tax revenue data covers   …Continue Reading More data on local option rooms tax now available

E-Filing rate has more than doubled in 10 years Posted on Nov 24

The federal Internal Revenue Service recently released data on e-filing which shows that the percentage of personal income tax returns filed electronically has more than doubled in ten years. The IRS reported an e-file rate of 30.73 percent (40.244 million returns) in 2001 and an   …Continue Reading E-Filing rate has more than doubled in 10 years

Regulations released for new business-related tax relief laws Posted on Nov 15

The Department of Revenue has just published a Technical Information Release explaining changes in tax law created by enactment on August 5, 2010, of "An Act Relative to Economic Development Reorganization." The TIR references measures that provide tax relief for businesses and investors as well as the introduction of new   …Continue Reading Regulations released for new business-related tax relief laws

Mark your calendars for two tax filing dates this coming April Posted on Nov 8

Federal and state income taxes each will be due a little later than normal this year, but not on the same days. Back in 2005, the District of Columbia chose to make Emancipation Day a district holiday, which meant it became a day off for federal   …Continue Reading Mark your calendars for two tax filing dates this coming April