Massachusetts compliance for bookkeepers
- Sales tax: 6.25% state rate. Generally exempts services. State 6.25%; uniform statewide. No local sales tax.
- Late fees: Up to 1.5% per month under Mass. Gen. Laws ch. 271, §49. Civil usury cap 20%/yr; criminal usury 20%+ requires registration.
- Written contract: Required over $1,000.
Avg invoice
$685
Net terms
15 days
Deposit
0%
State
MA