Memorial Day Tribute
No words can fully express our debt of gratitude to the men and women in uniform who have sacrificed their all for our nation. Freedom is not free. Let's honor and remember these heroes this Memorial Day.
New MassTaxConnect Account Type: Meals, Food & Beverage Tax
When? Beginning with the July 2024 period, the Meals, Food & Beverage (MFB) account type will replace the Meals Tax (MLS) account type for reporting and remitting sales tax on meals. A new certificate with the MFB account type will be mailed to each location to be posted at that location upon receipt. If you are [...]
Preparing for Disasters
It's important to think about hurricanes, tornadoes, and other disasters so you're prepared in case they happen. This includes safeguarding your tax forms and other financial records. First, you could take advantage of electronic record keeping. See if you can receive your bank statements and related documents by email. For paper documents such as W-2s and [...]
Taxpayers Can Find Legitimate Charities Using the Tax Exempt Organization Search Tool
When taxpayers decide to support a cause they care about, they want their donation to do as much good as possible. Doing some research can help ensure donations go to legitimate and qualified charities and help donors avoid scams. The IRS's Tax Exempt Organization Search tool, is a great place to start. Here are some key [...]
Pop Quiz! Do You Qualify for an Education Tax Credit?
Class is in session! It's time to learn how education tax credits can help pay for higher education. Visit IRS.gov for more information. There are two education tax credits that can help offset the cost of higher education: the American Opportunity Tax Credit and the Lifetime Learning Credit. These can help if you're heading to college, [...]