Cormier & Rea announce additional office at 483 Summer St, Ste 2000, Arlington, MA
Summary: TIR 14-3 updates and replaces TIR 14-1, also entitled “Individual Mandate Penalties for Tax Year 2014.” TIR 14-1 was issued to announce the penalty schedule for individuals who fail to comply in 2014 with the requirements to obtain health insurance under the Massachusetts Health Care Reform Act. TIR 14-3 does not change the penalty …
What is the benefit? The Department of Revenue (DOR) requires most business entities to certify their tax status annually by April 1 in order to compile the annual Corporations Book. The Corporations Book is used by local assessors to determine which businesses qualify for various property tax exemptions afforded entities that are classified as …
Pursuant to G.L. c. 111M, § 2, the Department of Revenue is issuing this Technical Information Release to announce the penalty schedule for individuals who fail to comply in 2014 with the requirements under the Massachusetts Health Care Reform Act (the Act). See St. 2006, c. 58, as amended. The Act requires most adults 18 …
Do you need to file a federal tax return this year? Perhaps. The amount of your income, filing status, age and other factors determine if you must file. Even if you don’t have to file a tax return, there are times when you should. Here are five good reasons why you should file a return, …