Massachusetts DOR Issues Updated Income Tax Guide for Employers on Withholding Taxes on Wages

The Massachusetts Department of Revenue Aug. 9 issued an updated guide on withholding taxes on wages for corporate income, individual income, and trust income tax purposes. The guide includes: 1) withholding requirements for Massachusetts employers, non-Massachusetts employers, interstate motor and rail carrier employers, and venues, promoters or others who compensate performers or performing entities; 2) differences between Internal Revenue Service Form W-4 and Massachusetts Form M-4, as of Jan. 1, 2020; 3) methods for calculating withholding from wages, along with withholding tax tables and the percentage method; 4) withholding tax filing and payment requirements, including information on the correction of ...