Massachusetts pulled in $2 billion more in tax revenue than expected this fiscal year, and officials say the state’s new 4% surtax on high earners is the reason.

He was also ordered to pay restitution of $1,596,775 to the Massachusetts Department of Revenue and $439,341 to the IRS, in addition to a $20,000 fine.

The head of the state’s Department of Revenue said he’s found no evidence to support claims that the City of Boston has been increasing the assessed value, and taxes, of commercial properties that ...

Amid months of hand-wringing about the state’s financial footing, Massachusetts ended the most recent budget cycle with tax collections that just about matched the official forecast for ...

News Mass. officials seize restaurant in Holyoke mall due to unpaid taxes Published: Mar. 20, 2025, 5:11 p.m. 2 1/2 Latino's Cuisine seized by Mass. Department of Revenue ...

The head of the state’s Department of Revenue said he’s found no evidence to support claims raised by a watchdog group that the City of Boston has been increasing the assessed value, and taxes ...

Total revenue collections for fiscal year 2025 totaled approximately $43.7 billion, which is $2.9 billion, or 7.1 percent, ...