Tax Minute
MASSACHUSETTS TAX AMNESTY
Regular listeners to the tax minutes know that our firm specializes in assisting clients with tax problems. If you are delinquent in filing your Massachusetts taxes, now is the time to act. There is a tax amnesty program that runs from November 1, 2024 through December 30, 2024. This program applies to almost all types of Massachusetts taxes, not just individual income tax returns. If you file your past due tax returns and pay the tax and interest on the balances due during this time, the Massachusetts Department of Revenue will waive the penalties on these returns. When you have unfiled Massachusetts tax returns, the DOR normally requires you file your returns for the past seven years. Under the amnesty program you may only be required to file your past three years returns. You have to submit an amnesty request to the DOR starting on November 1st and your past due returns must be completed prior to submitting the request. So, if you are a non-filer I suggest you call me on the tax line now at 508-TAX-LINE so we can complete your returns in time to take advantage of the amnesty program.