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Sales Tax Holiday Weekend Set for August 13 & 14, 2022This year’s Annual Sales Tax Holiday will be held on the weekend of August 13th and 14th, 2022. The sales tax exemption applies for those two days to any retail purchase made in Massachusetts, both in-store and online, of $2,500 or less, with certain exceptions. While the operation of the holiday weekend is expected to be very similar to that of previous years, members are encouraged to closely review these helpful FAQs from the MA Department of Revenue (DOR). For more information, the specific rules governing the Sales Tax Holiday can be found in the DOR regulation, 830 CMR 64H.1.8: Sales Tax Holiday. Massachusetts Child Labor Law ReminderIn Massachusetts, children under 14 may not work, with certain very limited exceptions. All workers ages 14-18 are required to obtain a Youth Employment Permit prior to employment. Employers must keep the original work permit at the child’s workplace as long as the child works there or until the minor reaches age 18. Minors 14 and 15 years of age must have their doctor complete a Physician’s Certificate of Health within the previous 12 months of the date the minor applies for a work permit.
Convictions for employing, inducing, or permitting any minor to work in violation of child labor laws are subject to a criminal fine of $500-$5,000 and/or up to one month in prison for each offense. In addition, civil citations for child labor law violations may be issued in amounts of up to $250 for a first offense, $500 for a second offense, and up to $2,500 for a third and subsequent offense, including up to three years of past violations.
For a complete list of restrictions contained in the law please visit the Attorney General’s website.
Important News Updates from the MA Department of RevenueChanges to Sales & Meals Tax Returns The MA Department of Revenue (DOR) now requires meals tax filers to break down cash sales versus credit card sales. This page on the DOR website details recent changes. DOR is allowing for an estimation to be used on cash versus credit through the June 2022 filing period. RAM continues to argue that this presents an unnecessary burden on our members, and that many may be forced to purchase additional software at an added annual cost, just to supply the DOR with additional data. RAM staff is looking for member feedback on this issue. Call the RAM office or email us at [email protected] if you are willing to share your experiences in trying to comply with these new reporting requirements. New FAQs added on elective pass-through entity excise SJC: Automatic Treble Damages for Wage Act Violations For more than 20 years, The RAMAEs have honored small and large retailers, rookies and veterans, identifying hidden gems from all corners of the state. Help us identify the businesses who deserve to be recognized for their resilience, innovation, customer service or going above and beyond to make the retail experience memorable.
Awards will be handed out following the RAM Annual Meeting on November 10, 2022 at Lombardo's in Randolph. RAMHIC Offerings for 2022RAMHIC continues to partner with Blue Cross Blue Shield of Massachusetts to offer members access to the carrier's entire portfolio of high quality, small group health insurance plans. New in 2022, all members purchasing their health insurance coverage through the cooperative will also receive an expanded list of ancillary benefits, provided by RAM free of charge. Please see our brochure for more detail on the expanded 2022 benefit package. Specific information regarding each benefit may be found below:
For more information please visit the RAMHIC page of our website. |