A new set of sales-related tax rates are set to take effect. Beginning August 1, the sales tax and the meals tax will increase from 5 percent to 6.25 percent. This new rate will also apply to the sale of automobiles. Also on August 1, the sales tax exemption currently in effect for beer, wine and alcohol sold in package stores will be lifted and those items will be taxed as well at 6.25 percent.
There are new local option meals and rooms tax rates as well that will take effect October 1 if enacted. Deciding whether to enact these new rates is a decision left to each individual city and town governing body.
The new local option taxes are an increase of.75% for meals and up to a 2 percent increase in the rooms tax. Communities that enact either or both of these new rates will garner the revenue collected from these higher rates. To enact these new rates in time for October 1 implementation, cities and towns must approve the new rate(s) not later than August 31, and then inform the Department of Revenue's Division of Local Services immediately to ensure that revenue collected from the new local option taxes is properly credited to each city and town.
For the first time, the Commonwealth will collect a 5 percent gross receipts tax on receipts of satellite television providers from subscriptions. This is also set to take effect on August 1.
Why do most Massachusetts taxpayers file electronically? Lots of good reasons. posted on Mar 17
If you haven’t filed your Massachusetts personal income tax return, there are very good reasons to consider e-filing. Millions of taxpayers have already taken advantage of e-filing, the most convenient way to get your taxes done. Why are we confident that e-filing is the very …Continue Reading Why do most Massachusetts taxpayers file electronically? Lots of good reasons.
MassTaxConnect for Fiduciary Taxes – Get Started on December 5, 2016! posted on Nov 14
With WebFile for Income Stepping Aside, MassTaxConnect Steps Up MassTaxConnect, the Commonwealth’s new tax revenue system, will be expanding to include fiduciary and other taxes on December 5, 2016. As you may already know, WebFile for Income is now officially closed as we prepare to …Continue Reading MassTaxConnect for Fiduciary Taxes – Get Started on December 5, 2016!
November 6: WebFiIe for Income Makes Way for MassTaxConnect posted on Nov 4
WebFile for Income says goodbye as MassTaxConnect welcomes more taxpayers In anticipation of MassTaxConnect expanding to include 10 additional tax types, WebFile for Income will say goodbye to users on November 6 at midnight. Save the date – pay bills electronically through November 6 If …Continue Reading November 6: WebFiIe for Income Makes Way for MassTaxConnect