The Massachusetts Connector Authority and the Department of Revenue have released the Tax Year 2010 report on the state's health insurance law. The report shows there was near universal compliance with the requirement to report health insurance information on the Schedule HC. It also showed a   …Continue Reading Number of residents paying health insurance law penalty dropped in 2010; insured rate holds at 96 percent

The Executive Office for Administration and Finance today released the first-ever Massachusetts Tax Credit Transparency Report compiled by the Department of Revenue based on reports received from the various state agencies that administer thirteen tax credits. The reporting requirement was proposed by Gov. Deval Patrick and   …Continue Reading State releases first Tax Credit Transparency Report identifying recipients of transferable and refundable tax credits

Generally, a state may tax the worldwide income of a person who is domiciled there. Although defined by statute or administrative rule in some states, domicile is a common-law term meaning a person’s fixed and permanent place of abode in which the person intends to   …Continue Reading A closer look at the issues involved in domicile

The Division of Local Services has come up with a brand new tool that makes searching the Municipal Data Bank much quicker and more focused. The new Community Comparison Report is up and running, drawing on 65 data elements currently found in the Municipal Data Bank. The   …Continue Reading DLS offers new do-it-yourself Community Comparison spreadsheet that draws on Municipal Data Bank

DOR has just posted on its website a report on the amount of MA personal income tax paid and the number of taxpayers who paid it from across the 50 states. Topping the list, not surprisingly, is New Hampshire, where 88,061 Granite State residents who work in Massachusetts paid   …Continue Reading Taxpayers from across the 50 states pay MA income tax

DOR Commissioner Amy Pitter wrote today that she is committed to improving the settlement and appeals processes currently in place. Her comments were posted on the DOR 360 section of DOR's web site. "I am committed to resolving tax disputes as efficiently and as early as   …Continue Reading DOR working to improve settlement and appeals processes

About one-million tax filers have yet to file their return as the filing season enters the homestretch. With state — and federal — income taxes due on April 17th (thanks to Patriots Day in Massachusetts on April 16 and Emancipation Day in Washington D.C. also   …Continue Reading April 17 tax filing deadline a week away; 1M tax returns due

    Posted by: Robert Bliss, Director of Communication, Department of Revenue    DOR released its March revenue report yesterday in which there were two story lines. The monthly revenue report includes both a review of the month, with a comparison to the same month a   …Continue Reading March revenue better than last year but less than forecast

It is now getting close to procrastination time. Both state and federal income taxes this year are due on April 17 — and with two weeks to go, nearly 1.3 million tax filers out of an estimated 3.4 million have yet to file their MA   …Continue Reading Clock ticking on 1.3 million waiting to file tax returns

A Massachusetts newspaper reported this week that two men arrested for possession of five pounds of marijuana had also run afoul of state tax law. The story went on to quote from the law … which was all well and good except the law was   …Continue Reading Marijuana tax stamps still on sale even though law up in smoke