All About 2015 Massachusetts Taxes

Looking for Massachusetts state tax information? In this article, you will find the latest resources on state tax, unemployment, income tax and more.Department of RevenueLabor and Workforce Development

Massachusetts Withholding Requirements:

• Request identification number online by using Web file for Business.
• Employee Withholding Allowance Certificate, M-4
• Withholding Method = formula
• Supplemental Rate = formula

Massachusetts Local Taxes:

None

Massachusetts State Unemployment Insurance (SUI):

Reserve ratio formula
Wage Base $14,000 for 2014 and $15,000 for 2015
Rates range from 1.26% to 12.27% for 2014 and 0.73% to 11.13% for 2015
New employers use 2.83% for 2014 and 1.87% for 2015
New construction employers use 8.38% for 2015Work Force Training Contribution is .056% for 2015.Health Insurance Contribution rate is 0.48%

Massachusetts State Disability Insurance (SDI):

None

Massachusetts State Labor Laws:

Minimum Wage - $8.00 per hour effective 1/1/2014, $9.00 effective 1/1/2015, $10.00 effective 1/1/2016 and $11.00 effective 1/1/2017
Termination Pay - If employee is fired, pay at once. If the employee quits, pay by the next regular payday or the Saturday after resignation if no scheduled payday.

Massachusetts New Hire Reporting:

Employers must report hiring, rehiring, and return to work within 14 days on Form W-4 and this form (Employee's Withholding Allowance Certificate) to:
Massachusetts Department of Revenue
P.O. Box 55141
Boston, MA 02205-5141
Phone: 617-887-7607
Fax: 617-376-3262
To report online click here.

Massachusetts Remit Withholding For Child Support To:

DOR
P.O. Box 55140
Boston, MA 02205-514>
Phone: 800-332-2733
Fax: 617-887-7560
To report online click here.

Massachusetts Reciprocal States:

None
For paycheck calculation visit the Massachusetts Paycheck Calculator of PaycheckCity.