OpenDOR

The official blog of the Massachusetts Department of Revenue

Monthly Archives: February 2012

Refunds top $411M, up 12 percent over a year ago Posted on Feb 24

With little more than seven weeks left until the April 17th tax filing deadline, the story of this year's filing season is refunds — they are running $42.6 million ahead of a year ago at this time, and are now in excess of $411 million.   …Continue Reading Refunds top $411M, up 12 percent over a year ago

New info sessions set for Senior Circuit Breaker Tax Credit Posted on Feb 21

DOR has scheduled a new series of information sessions designed to educate senior taxpayers about the potential benefits of the Senior Circuit Breaker Tax Credit. For tax year 2011, the credit is worth as much as $980 for eligible taxpayers 65 and older who either   …Continue Reading New info sessions set for Senior Circuit Breaker Tax Credit

Discover Tax program generates business expense audits Posted on Feb 10

Banker & Tradesman (subscription only) ran a story this week on the subject of mortgage loan originators subject to DOR audits. The story also discussed how DOR generates taxpayer audits in general. The piece was pegged to a notice from the Massachusetts Mortgage Bankers Association urging   …Continue Reading Discover Tax program generates business expense audits

Free state and federal tax filing assistance readily available Posted on Feb 8

Between the American Association of Retired Persons Foundation Tax Aide program, and the IRS Volunteer Tax Information Assistance (VITA) program, there are close to 600 sites across the Commonwealth offering free state and federal tax preparation service to low- and moderate-income tax filers as well as   …Continue Reading Free state and federal tax filing assistance readily available

Refund volume heavy as filing season gets underway Posted on Feb 6

Filing season is barely three weeks old and the story so far is refunds, with the volume and amount paid to taxpayers way up over a year ago. As of Saturday, DOR had issued 287,179 refunds worth $147.5 million, for an average refund of $514. As   …Continue Reading Refund volume heavy as filing season gets underway

It’s tax filing — and tax fraud — season Posted on Feb 2

The Detroit News has published an extensive report on tax identity theft that is well worth reading, and more than a little scary. This is not the kind of fraud that results from credit card theft; instead, it is the result of stealing social security numbers, most   …Continue Reading It’s tax filing — and tax fraud — season