The new Massachusetts Wellness Tax Credit gives small businesses a state tax credit for having an employee wellness program. This is an excellent opportunity for business owners to help their employees live healthier lifestyles.
MA businesses that employ 200 or fewer workers may qualify for the tax credit for up to 25% of the cost of implementing a certified wellness program for their employees.
To receive certification of a wellness program, a business should check to see that both the business and the wellness program qualify by visiting mass.gov/wellness tax credit. Next the business should certify its wellness plan by filling out an online application form .
This new tax credit is a great way for small businesses to improve their employees' health, but funds for the tax credit are limited, so businesses should apply early.
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The Department of Revenue’s WebFile tool, which allows individuals to electronically file state personal income tax returns, has experienced delays due to heavy volume over the past few days. DOR is actively working to resolve this issue, and has extended the deadline for taxpayers to …Continue Reading MA Filing Extension to April 18th Announced
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