The Department of Revenue's Division of Local Services has published its Informational Guideline Release for the Municipal Tax Amnesty Program approved as part of the recently enacted Municipal Relief Act.
The amnesty program requires enactment of a municipality's legislative body. The program does not waive payment of unpaid local taxes (property tax, motor vehicle or boat excise) but provides for the waiver of all or a uniform percentage of interest, collection costs and penalties owed on those delinquent taxes.
The taxpayer must pay the tax or excise tax within the amnesty period, which may begin anytime after the effective date of vote, and which must end no later than June 30, 2011, the end of the 2011 fiscal year.
Within those guidelines, communities may tailor their amnesty programs to particular tax types, but the application of the waiver of accrued interest, collection costs and penalties must be the same percentage for all types of the tax liabilities included in the program.
A community may choose to require taxpayers to apply for an amnesty waiver or may provide that the waiver shall automatically apply to any taxpayer who pays outstanding liabilities included in the program during the amnesty period. No matter how a community chooses to collect payment, the payment itself must be made before the end of the amnesty period.
A community may also require taxpayers to pay all outstanding liabilities included in the program in full in order to obtain a waiver.
EITC – Helping Low and Moderate Income Families in MA posted on Jan 29
EITC, also known as the Earned Income Tax Credit, has been helping low to moderate income families in Massachusetts and across the country for over 40 years. In recent months, Governor Charlie Baker and members of the Legislature have worked hard to ensure that working …Continue Reading EITC – Helping Low and Moderate Income Families in MA
DOR Homepage gets a facelift posted on Jan 14
Today, DOR unveiled a brand new homepage intended to making it easier for taxpayers to find what they’re looking for when it comes to filing and paying their state taxes. DOR’s communications team used consumer insights and online analytics to better understand how taxpayers use the site, …Continue Reading DOR Homepage gets a facelift
Did You Know Home Heating Oil is Mass Sales Tax Exempt? posted on Jan 14
In preparation for the winter months, we want to remind you that home heating oil is exempt from Massachusetts sales tax. This winter season, DOR wants you to be prepared. Here’s what you need to know when purchasing your home heating oil: Who is exempt …Continue Reading Did You Know Home Heating Oil is Mass Sales Tax Exempt?