MTC and Saving Time

So, I spend all this time talking about the IRS, what about Massachusetts!!

Massachusetts DOR (MADOR) many years ago had a very old computer system and then added a second operating system so the DOR employees had to look at two systems to get answers. Then they did what a lot of businesses, gov’t agencies and people do: they CHANGED and UPGRADED their computer systems!!

In 2009 MADOR instituted the “Web file for Income” system and replaced it with the Mass Tax Connect System (MTC) in 2017. This system also allowed for lower income taxpayers to e-file their tax returns for free with more security against ID theft. MTC is designed for both individuals and businesses

Some of things you can do with MTC is pay estimated, income and meals/sales tax. There are plenty of other taxes that can be paid through MTC as well. You can also file the necessary tax returns for these taxes as well as view them at a later date. You also get a email box that you can communicate with DOR on various issues. You can get a Power of Attorney (POA) on here and apply for a payment agreement if you owe taxes.

Here are some other taxes that can be filed and paid: Cigarette, tobacco vaping excise tax, estate tax, Health Insurance responsibility disclosures (HIRD), marijuana retail sales, Paid family medical leave (PFML), income tax, sales/meals tax, room occupancy tax, payroll taxes and MORE!

Some other things you can do through MTC is grant a Power of Attorney (POA) get a certificate of good standing, file the above-mentioned returns, get an appeal, enter into an installment agreement, bulk filing and MORE!

If you haven’t done so already, signing up is easy and can save you a lot of time when living life or running your business.

DON’T FORGET: Several years ago, we offered an IRS Transcript Monitoring Plan (TMP), and I spent last year revamping it and now I am offering it again, but much more comprehensive than in the past. With a signed Power of Attorney (POA), we can access your transcripts at the IRS and see what they see on a daily basis. The beauty of the TMP is that we will be immediately notified of any change to your IRS account, often before a notice arrives in the mail. If you have any questions about the program, feel free to reach out. This is a good program if you have current issues with the IRS or just want peace of mind

Ancient taxes from around the world
Taxes from England:
• In 1696 England imposed a window tax, taxing houses based on the number of windows a house had. That led to many houses having very few windows in order to avoid paying the tax. Eventually this became a health problem and ultimately led to the taxes repeal in 1851.

• In the 1700’s England placed a tax on bricks. Builders soon realized that they could use bigger bricks (and thus fewer bricks) to pay less tax. Soon after the government caught on and placed a larger tax on bigger bricks. Brick taxes were finally repealed in 1850.