The room occupancy or room excise tax in Massachusetts is 5.7 percent, but cities and towns since 1985 have had the option of placing an additional local option rooms tax of 4 percent. Last October, the local option was increased to 6 percent. Revenue generated   …Continue Reading A primer on the local option room occupancy tax

Posted by: Robert Bliss, Director of Communication, Department of Revenue         No other refundable tax credit equals the Senior Circuit Breaker Tax Credit for putting money into the wallets of average taxpayers 65 and older. In tax year 2009, more than 77,000 senior taxpayers who were either   …Continue Reading Senior Circuit Breaker Tax Credit delivers big bucks