Small businesses with < $1 million gross income and 5 or fewer employees should check their Small Business Energy Tax Exemption status on MassTaxConnect, as renewals were streamlined in early 2026.
The Massachusetts government outlines its FY25 initiatives to support small businesses, including grants, technical assistance, and updated definitions for microbusinesses.
This analysis from the Massachusetts Budget and Policy Center explores three targeted tax reforms designed to help small businesses while maintaining public investment.