Massachusetts FY2010 Budget Approved

Sales & Use Tax to Increase

In April Feeley & Driscoll reported that a majority in the Massachusetts House of Representatives and the Senate approved a proposed FY2010 budget. On June 29, 2009 Governor Patrick signed a $27.046 billion budget for next year cutting aid to cities and towns, reducing support for agendas throughout state government, and inflicting a sales tax hike and additional taxes on the residents, consumers, and visitors of Massachusetts. The sales and use tax will increase from 5% to 6.25% -- the increase goes into effect on August 1, 2009.

For more information Mass.Gov's Press Release: GOVERNOR PATRICK SIGNS $27 BILLION BUDGET 

If you have any questions, please contact Feeley & Driscoll's Boston Accounting team, Email us or call 1 (888) 875-9770.

related links