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Massachusetts Launching Tax Amnesty Program

Massachusetts Launching Tax Amnesty Program

The Massachusetts Department of Revenue recently announced an upcoming tax amnesty program, set to run from November 1 to December 30, 2024. Authorized by the fiscal year 2025 budget, the initiative will let taxpayers who are behind on their taxes settle their obligations and avoid penalties. "I urge individuals and businesses to take this opportunity to voluntarily pay their back taxes and interest beginning November 1," Geoffrey Snyder, commissioner of revenue for the state Department of Rev

The Massachusetts Department of Revenue recently announced an upcoming tax amnesty program, set to run from November 1 to December 30, 2024. Authorized by the fiscal year 2025 budget, the initiative will let taxpayers who are behind on their taxes settle their obligations and avoid penalties. "I urge individuals and businesses to take this opportunity to voluntarily pay their back taxes and interest beginning November 1," Geoffrey Snyder, commissioner of revenue for the state Department of Rev…