The Department of Revenue has just posted on its homepage a humorous and informative video on the question of whether items sold at a yard sale are taxable under the state's laws governing sales and use tax.
At the risk of spoiling the end of this short video, the quick answer is "no." But don't take my word for it; check out the video on DOR's homepage at www.mass.gov/dor. There are a host of other informative videos on the site that are short, sweet and insightful on a variety of tax topics
The yard sale video makes reference to one of the most commonly referenced DOR publications, A Guide to Sales and Use Tax.
This primer is the starting point for researching just about any sales tax question.
For instance, on the question of yard sales, the guide says that for casual and isolated sales, such "infrequent and nonrecurring transactions made by people or businesses not regularly engaged in the business of make such sales are exempt. For example, sales of used appliances by a homeowner or sales at infrequent yard sales are exempt."
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
Five Reasons to E-File with DOR’s WebFile for Income posted on Feb 24
With Tax season well under way; DOR would like to help you make the decision to E-File with WebFile for Income this year. We know, “I’m not computer savvy” or “What about the safety of my information” has been said many times before, but we’d …Continue Reading Five Reasons to E-File with DOR’s WebFile for Income
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