What type of services does Solar & Kilcoyne provide?
Solar & Kilcoyne provides a wide variety of tax and accounting related services. Please view our services page for a complete list.
Where are you located?
We are conveniently located on School Street in Leominster, Massachusetts. Please view our contact page for our address and an interactive map.
What is Massachusetts Use Tax on out-of-state purchases?
Massachusetts has a 6.25% use tax on your taxable personal property purchased from out-of-state businesses. This includes internet businesses, purchased for use in Massachusetts on which you did not pay Massachusetts sales or use tax. You are allowed a credit for sales taxes paid to other states, but not to exceed 5%. While the requirement for Massachusetts residents to remit use tax on personal property purchased out-of-state is not new, the requirement to report and remit the tax on Form 1 is new. This information should be reported on Line 33 of Form 1. For more information on this subject contact us or call our office and we will be happy to help you.