As an employer, you do not need to register yourself for withholding to pay your own income taxes. If you expect to owe more than $400 in MA income tax, you are required to make individual estimated income payments. Rules are a little different for farmers and fishermen. You can find more information on the DOR [...]
If you have a business partner, this video is for you! A partnership is an arrangement between two or more persons to carry on a trade or business. Each person contributes money, property, labor, or skills, and expects to share in the profits and losses of the business. The partnership passes through any profits or losses [...]
Many small business owners in MA don't fully understand their tax responsibilities. This video will help teach small business owners about tax compliance, which may include sales and use taxes, including meals taxes, and withholding taxes for your employees. Taxes can be filed and paid through the MA DOR's web-based application once you register. You can [...]
If you're a landlord, you may find that occcasionally you need to deactivate a property from your MA DOR room occupancy consolidated account. Here are the steps to do so: Log into MassTaxConnect. Locate your Room Occupancy Consolidated account panel and choose "View Operator's Properties" in the account subpanel. Here you will see the property or [...]
A Massachusetts tax professional can help prepare your taxes or represent you in an appeal or collection case. So, how do you find the right tax professional for you? You can do so through one of these professional member organizations: the Massachusetts Society of Enrolled Agents (whose tax practitioners are licensed by the Department of Treasury [...]
