Sales & Use Tax Filing Deadline Extended

We go beyond the numbers by delivering insight, guidance and success for our clients.

Sales & Use Tax Filing Deadline Extended

The Massachusetts Department of Revenue (DOR) has announced a further extension of the filing deadline for Sales & Use Tax for certain small vendors. The filing deadline for periods beginning March 20, 2020 had previously been extended to June 20, 2020, and then again to September 20, 2020. Now all filing deadlines and payment for Sales & Use Taxes due between March 20, 2020 through April 30, 2021 have been extended to May 20, 2021.

To be eligible to take advantage of the extended filing deadline, a company's cumulative Sales & Use Tax liability for the 12-month period ending February 29, 2020 must be less than $150,000. The intention of the extension is to give vendors more time to file and pay in light of the economic conditions surrounding the COVID-19 emergency.

Sales & Use Tax is an example of the many state and local taxes (SALT) that demand the attention of company management, particularly for those doing business in multiple states and municipalities. For more information or assistance in managing your SALT obligations, please contact our Tax Department at (781) 407-0300.

Gray, Gray & Gray Coronavirus Response and Resource Page

As Coronavirus continues to impact our daily lives, including the way in which we conduct business, here you will find ongoing updates on Gray, Gray & Gray's response to the outbreak as well as important resources. At Gray, Gray & Gray, we remain committed to helping our clients and friends successfully manage their businesses and individual finances during this challenging time.

VISIT RESOURCE PAGE

(781) 407-0300

www.gggcpas.com | [email protected]

The information contained in this communication (including any attachments and/or re-directs to other online sources) is not intended or written to be used, and cannot be used, for the purpose of avoiding penalties under the Internal Revenue Code.