Property Tax Data and Statistics

This is the last day people had to file their returns in a timely manner and pay any taxes due. Learn how to file your income tax return, make a payment, check the status of your refund, and more. The state of Massachusetts has a flat corporate income tax rate of 8.00% on all income on […]

What Is the Massachusetts Income Tax Rate for 2025?

You don’t necessarily have to live in Massachusetts to pay Massachusetts state income tax. The state of Massachusetts does have an estate tax that ranges from 0.8% to 16% depending on the size of the estate. Out-of-state vendors who sell meals in Massachusetts generally have the same responsibilities as Massachusetts vendors. Please note, you can only use […]

How to Calculate a Nonprofit Operating Budget

An effective operating budget ensures that nonprofits allocate their resources wisely, prioritize their activities, and stay on course toward their goals. In the world of nonprofit organizations, mission-driven success and sustainability are paramount. The ability to make a positive impact in the communities they serve hinges on effective financial management. One of the key pillars […]

How to Create a Nonprofit Operating Budget

These expenses include things like payroll, rent, utilities, contractors, fundraising costs, and more. However, many donor prospects and watchdog organizations compare overhead and programming expenses as a shorthand for a nonprofit’s health, effectiveness, and perceived credibility. At this point, the budget committee should have a draft budget ready and do a thorough https://www.bookstime.com/articles/accountant-for-independent-contractors review of […]