With little more than three weeks to go before the April 15th filing deadline, one of the most visible trends this filing season is the move to electronic filing of state tax returns.
Of the 1.625 million returns filed so far (slightly less than half of the expected number), 1.359 million or 83.6 percent have been filed electronically, an increase of 5 percent from a year ago. DOR applauds this trend as it speeds processing of returns and the payment of refunds.
The average refund is $478, up $10 from a year ago; some $613.4 million in refunds have been paid out, slightly more than a year ago. To date, 79 percent of tax filers have received a refund.
The turnaround time for refunds from returns filed electronically is 3.5 days, while the number of refunds sent as direct deposits is 764,152, an increase of 48,584 or 7 percent from a year ago.
Prep Early for Next Tax Season posted on May 20
Filing season is finally over and we know the last thing on your mind is next tax season. But did you know that if given more prep time, you could be saving yourself lots of stress and time? Start planning for next tax season now …Continue Reading Prep Early for Next Tax Season
DOR’s Participation in the Family Court Workshops posted on Apr 22
Once a month, the Department of Revenue’s Child Support Enforcement (CSE) lawyers and staff volunteer to be a part of the Family Court Workshops for Mothers and Fathers at the Suffolk County Probate & Family Court in Boston. The workshops, a joint venture between community …Continue Reading DOR’s Participation in the Family Court Workshops
DOR Ruling Favorable in First Circuit Judgment posted on Mar 17
The United States Court of Appeals for the First Circuit issued judgments in the Department of Revenue’s (DOR) favor last month, finding that taxpayers in Bankruptcy proceedings cannot discharge late filed tax returns. The court consolidated two similar cases brought before them involving a total …Continue Reading DOR Ruling Favorable in First Circuit Judgment