State and Local Tax
Tax Return Due Dates & Filing Extensions Changed
Congress & the IRS recently announced changes to due dates for partnership and corporate tax returns, as well as FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR), and several other IRS information returns. This announcement has received a lot of publicity, but AAFCPAs reminds you that the changes will not affect you […]
Massachusetts Sales Tax Holiday Authorized for August 15-16, 2015
The Massachusetts legislature and Governor Charlie Baker have again authorized a Sales Tax Holiday for the weekend of August 15-16, 2015 for items costing less than $2,500. A Technical Information Release (TIR 15-7) providing retailers and consumers with specific rules and guidance on the implementation and operation of the holiday has been released by the […]
Computer and Software Services Now Subject to Sales and Use Tax
On August 1, 2013, the Massachusetts Department of Revenue published a list of Frequently Asked Questions relating to the new tax. Click here for additional information. The Massachusetts legislature, as part of the new fiscal year, passed a transportation funding bill that newly subjects Computer and Software services to sales and use tax. The time […]