Small businesses in Massachusetts hit hard by the government’s economic shutdown, particularly restaurants and lodgings, will now have until May 2021 to pay some state taxes that accrued from March 2020 through April 2021, Governor Charlie Baker and legislative leaders announced.
Through emergency regulations to be issued by the Department of Revenue, state government plans to further delay tax deadlines for small businesses, some of which have not been allowed by the state to reopen since first closing in the spring. Sales, meals, and room occupancy taxes for qualifying businesses for March 2020 through April 2021 will not be due until May 2021, and businesses that wait will not face any penalties or interest. Without the change, those taxes would have been due this month.
Any businesses that paid less than $150,000 in regular sales plus meal taxes or less than $150,000 in room occupancy taxes in the year ending