The federal Internal Revenue Service recently released data on e-filing which shows that the percentage of personal income tax returns filed electronically has more than doubled in ten years. The IRS reported an e-file rate of 30.73 percent (40.244 million returns) in 2001 and an   …Continue Reading E-Filing rate has more than doubled in 10 years

The Department of Revenue has just published a Technical Information Release explaining changes in tax law created by enactment on August 5, 2010, of "An Act Relative to Economic Development Reorganization." The TIR references measures that provide tax relief for businesses and investors as well as the introduction of new   …Continue Reading Regulations released for new business-related tax relief laws

Federal and state income taxes each will be due a little later than normal this year, but not on the same days. Back in 2005, the District of Columbia chose to make Emancipation Day a district holiday, which meant it became a day off for federal   …Continue Reading Mark your calendars for two tax filing dates this coming April

Massachusetts Attorney General Martha Coakley yesterday announced that three East Longmeadow residents pled guilty in Hampden Superior Court in connection with their involvement in an ongoing scheme to sell unstamped cigarettes. Jin Zheng, the ringleader, pled guilty to charges of possession with intent to sell more than 12,000 unstamped   …Continue Reading Selling unstamped cigarettes doesn’t pay