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Item Title: Massachusetts Taxpayers and Employers need to be aware of new Penalties resulting from Mandatory Health Insurance Coverage Law
Summary:

Two recent, important Massachusetts tax pronouncements spotlight and clarify some taxable income recognition, reporting requirements, and potential penalties that will impact some Massachusetts resident taxpayers and employers as a result of the Commonwealth's new mandatory health insurance coverage law. Click on Full Article to read more.


By Gary A. Soiref, CPA

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