To embed, copy and paste the code into your website or blog: On December 11, 2020, Massachusetts Governor Charlie Baker signed the Commonwealth’s FY21 budget into law. While the $45.9 billion budget does not raise taxes, it includes a number of significant tax provisions summarized below. Accelerated Sales Tax Remittance Effective April 1, 2021, businesses whose room occupancy, meals, or sales tax liabilities exceeded $150,000 in the prior calendar year and that file monthly returns must remit any such taxes collected through the first three weeks of the month by the 25 th day of that month...