 |
We're working to keep you informed in a world that changes by the minute. If you have anything you'd like to share, or if we can help you in any way, please email Zach Donah or Larry Liuzzo.
|
Department of Revenue (DOR) Tax Season Information
|
Massachusetts taxpayers will have until Tuesday, April 19, to file their federal and state 2021 income tax returns, file for personal income extensions and submit Q1 estimated payments.
Below are links to various DOR webpages outlining important tax season information. The DOR has committed to updating these webpages when necessary. If you have questions for the DOR or if there is inaccurate or confusing information listed on their website, please email Larry Liuzzo.
|
State and Local Tax (SALT) Information
|
DOR update: Eligible pass-through entities (PTE) must register for the 63D-ELT tax type before making a payment, and not make 63D-ELT payments on other pre-existing tax types. The PTE must file its annual return and make the election before filing the 2021 Form 63D-ELT.
SALT Links:
To sign up to receive important updates directly from the DOR, click here.
|
MassCPAs Advocates for Businesses and Practitioners on Schedules K-2 and K-3
|
The AICPA and state CPA societies across the country called on the Treasury Department and the IRS to delay implementation of the Schedules K-2 and K-3 to 2023 (the 2022 tax year filing season) and to suspend any assessment of penalties against Partnerships or S Corporations for failing to file or provide timely Schedules K-2 and K-3 for the 2021 tax year. To learn more, click here.
|
New England Advocacy Coalition February Newsletter
|
The New England Advocacy Coalition released its February newsletter on happenings specific to each state in the New England region. To read the newsletter, click here.
|
IRS Tax Filing Information
|
|
|
Small Business Administration Information
|
|
|
|
 |
