The amnesty program for those taxpayers with existing business tax liabilities is nearing the end of its run, with about $10 million received from about 4,500 taxpayers.
The amnesty began April 1 shortly after the mailing about 36,000 amnesty tax bills and will end June 1.
Gov. Deval Patrick proposed the amnesty measure last year and it was approved by the Legislature in November with the passage of Section 43 of Chapter 166 of the Acts of 2009.
Those taxpayers who take advantage of the amnesty opportunity will not have to pay unpaid penalties and the interest directly attributable to those penalties. However, they will have to pay unpaid interest on the unpaid tax.
While the amount of business or trustee tax (sales and use, meals and withholding taxes) owed by the taxpayers receiving bills is $408.8 million, the amount minus the penalties and interest on those penalties that could be waived is about $104 million, so there is potential for significant savings to taxpayers who take advantage of this limited time amnesty offer.
DOR estimated the response to the amnesty would generate about $20 million. The $10 million recorded so far does not include payments received from taxpayers who were already paying down their tax bills, and who will also receive amnesty terms for payments made during the amnesty period.
The average dollar amount of penalties to be waived is about $3,000 for each of the nearly 36,000 amnesty tax bills.
Only business and trustee tax payers who received the amnesty tax bills are eligible. Individual income taxpayers are not eligible.
The easiest way to pay through the amnesty program is on-line through DOR's Web Services for Income application or the Web File for Business application at www.mass.gov/dor. On-line payments may be made using a credit card, but a convenience fee may be charged by the selected credit card vendor. When making an on-line payment taxpayers should be sure to enter the "bill number" listed in the upper right hand corner of the amnesty notice, of, if paying by check through the mail, the taxpayer must complete and attach the coupon from their Amnesty Tax Notice.
If you have lost or misplaced your amnesty bill, please contact DOR at 1-800-392-6089.
Class in Session at DOR University posted on Jan 20
Looking to educate yourself this tax season? Want to learn more about tax options, or DOR-related issues? All this can be achieved at DOR University, the Department of Revenue’s free online e-learning module. DOR University, created to offer free tax education to the public and …Continue Reading Class in Session at DOR University
Multi-agency investigation in two states leads to charges posted on Nov 19
Earlier this year, the Massachusetts Illegal Tobacco Commission, chaired by DOR Commissioner Amy Pitter, released a report on the illicit tobacco trade which recommends that teaming up with federal, state and local law enforcement can be a successful model for combatting such criminal activity. And …Continue Reading Multi-agency investigation in two states leads to charges
Top priority: protecting the taxpayer and the Commonwealth’s revenue posted on Oct 8
With identity theft on the rise, the Massachusetts Department of Revenue is taking new steps to combat the problem and protect taxpayers. In some cases, this means asking taxpayers to take a quiz before getting their state refund check. DOR is teaming up with LexisNexis …Continue Reading Top priority: protecting the taxpayer and the Commonwealth’s revenue