Taking quick action, the Legislature has approved a bill authorizing a sales tax holiday for the weekend of August 13-14. The Governor's office has already said he will sign the bill, probably early next week.
The terms and conditions for the holiday will be identical to those of previous holidays; Technical Information Release 10-10 from last year's holiday will get a quick rewrite to make it work for this year.
DOR's preliminary estimate is that taxpayers will save about $20.5 million over the two days.
The holiday began as a one-day event 2004, and has been held annually since then with the exception of the summer of 2009, which was the same time the sales tax increased from 5 percent to the current 6.25 percent. The savings to taxpayers have been estimated as follows: 2004, $10.1 million; 2005, $15.4 million; 2006, $16.9 million; 2007, $15.9 million; 2008, $14.9 million; and 2010, $19.9 million (first time holiday was held with sales tax rate set at 6.25 percent).
Collaborative Insight: Follow up from our conversation with Bulk Filers posted on Oct 7
Last week we held a conference call for business taxpayers and individuals who have historically used the Massachusetts Department of Revenue’s (“DOR”) bulk filing system for filing taxes. Specifically, DOR experts spoke about MassTaxConnect, DOR’s state-of-the-art tax system that will replace WebFile for Business for …Continue Reading Collaborative Insight: Follow up from our conversation with Bulk Filers
Take a look under the hood: MassTaxConnect, DOR’s newest e-filing system posted on Sep 17
As you’ve probably heard, DOR has a new electronic filing system—MassTaxConnect—coming to business taxpayers November 30th, 2015. We’ve blogged about MassTaxConnect before, including about the top 10 benefits business taxpayers can expect from the system as well as “What’s New” with the system compared to …Continue Reading Take a look under the hood: MassTaxConnect, DOR’s newest e-filing system
Child Support Enforcement mentioned in national publication posted on Sep 4
Erica Gaynor, Workflow Implementation Manager with the Child Support Enforcement (CSE) Division was published in the August edition of the U.S. Dept. of Health and Human Services’ Administration for Children and Families’ newsletter “The Child Support Report”. Gaynor and CSE’s work with predictive analytics is garnering national …Continue Reading Child Support Enforcement mentioned in national publication