News release Sen. Suzette Valladares, R-Acton, announced the introduction of Senate Bill 816, the small business tax relief bill, which would exempt small businesses – with 25 or fewer employees and maximum gross receipts of $5 million – from paying the state’s $800 annual franchise tax. SB 816 is…
News release Sen. Suzette Valladares, R-Acton, announced the introduction of Senate Bill 816, the small business tax relief bill, which would exempt small businesses – with 25 or fewer employees and maximum gross receipts of $5 million – from paying the state’s $800 annual franchise tax. SB 816 is…