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 [...]
This article was published by the IRS. In general, an excise tax is a tax is imposed on the sale of specific goods or services, or on certain uses. Federal excise tax is usually imposed on the sale of things like fuel, airline tickets, heavy trucks and highway tractors, indoor tanning, tires, tobacco, and other goods [...]
In an effort to keep our clients, office staff, and their families as safe as possible, we have made changes to how we will operate this tax season. In general, while we miss seeing our clients in person, we will be limiting in-person interactions as much as possible and will be relying on Zoom for meetings [...]
The following article was published by the IRS. Businesses providing goods and services that are subject to excise tax must file a Form 720 quarterly to report the tax to the IRS. What is excise tax? Excise taxes are charged on a wide variety of goods, services and activities. The tax may be imposed at the [...]
On June 21, 2018, the U.S. Supreme Court handed down a historic decision in the sales and use tax nexus case South Dakota v. Wayfair, Inc. The 5–4 ruling overturns physical presence standards upheld in previous cases, such as Quill Corp. v. North Dakota (1992) and National Bellas Hess Inc. v. Department of Revenue of Illinois [...]
