The Department of Revenue has received more than 30,000 abatement claims resulting from the issuance of revised DD 12-1, on March 15, 2012,: G.L. c.62, s.6(a) Credit for Taxes Paid to Another Jurisdiction: Insurance Fund Payments Made Pursuant to Rhode Island Law. This Directive ruled …Continue Reading Directive on tax treatment of RI Temporary Disability Insurance Act triggers wave of appeals
The Massachusetts Connector Authority and the Department of Revenue have released the Tax Year 2010 report on the state's health insurance law. The report shows there was near universal compliance with the requirement to report health insurance information on the Schedule HC. It also showed a …Continue Reading Number of residents paying health insurance law penalty dropped in 2010; insured rate holds at 96 percent
The Executive Office for Administration and Finance today released the first-ever Massachusetts Tax Credit Transparency Report compiled by the Department of Revenue based on reports received from the various state agencies that administer thirteen tax credits. The reporting requirement was proposed by Gov. Deval Patrick and …Continue Reading State releases first Tax Credit Transparency Report identifying recipients of transferable and refundable tax credits
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