- Massachusetts Sales and Use Tax Amnesty Period is a special initiative by the Massachusetts Department of Revenue
- Program runs from November 1, 2024, through December 31, 2024
- Benefits include waiver of penalties and protection from legal action
- Participating in the program can help businesses avoid hefty penalties, enhance financial health, and ensure future compliance
- To qualify, businesses must be eligible taxpayers, submit an amnesty request, pay all taxes and interest, and file required returns by December 30, 2024
- Steps to participate include evaluating tax liability, preparing documentation, monitoring official updates, and submitting application and payment through MassTaxConnect
Source: taxconnections.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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