Lowell Business Filing Deadlines & Ongoing Requirements

Annual federal income tax return (extensions available via Form 7004 / 4868).

Free, one-time federal tax ID needed for tax filings, payroll and bank accounts.

Businesses holding property that has gone unclaimed — uncashed payroll or vendor checks, customer credits and refunds, unused gift cards, deposits — must report and turn it over to the state each year, after sending the owner a due diligence notice before the deadline. The annual report and payment are due November 1 for general property. A negative report is required even when the business holds nothing. Which state's law applies depends on the owner's last known address, or the business's state of incorporation when there is none, so a business can owe reports to several states.

Fee: $500. Required to keep the entity in good standing.

A person or service with a physical Massachusetts address to receive legal notices and service of process; listed with Massachusetts Secretary of the Commonwealth, Corporations Division.

Corporate excise tax ($456 minimum).

DBAs are filed with the town/city clerk; boards of health and licensing boards issue permits.

The commercial space must be approved for its intended use before operating.

A business certificate is filed in person with the City Clerk, with a workers' compensation affidavit; it is valid four years and is not a business license.

Withheld income tax, Social Security and Medicare, plus employer share, via EFTPS.

Quarterly reconciliation of wages and payroll taxes.

Annual FUTA return and payment.

Wage statements to employees and transmittal to the SSA.

Employment eligibility verification, retained for 3 years after hire or 1 year after termination.

Employers must post the FLSA minimum wage, FMLA (50+ employees), EEO, OSHA, USERRA and related notices in a conspicuous place.

Employer account for state unemployment insurance contributions.

Withhold state income tax from wages and remit on the assigned deposit schedule; file annual reconciliation and W-2s.

Quarterly wage report and contribution payment. Massachusetts taxes the first $15,000 of each employee's wages (2026); new employers pay 2.42%, and experience-rated rates range from 0.94% to 14.37%.

Federal law requires reporting each new hire within 20 days of hire (some states require sooner).

Required at: 1 employee.

Employers remit contributions quarterly via MassTaxConnect.

Massachusetts requires employers with 1+ employees to provide paid sick leave, post notice and keep records.

State minimum wage, unemployment insurance, workers' compensation and anti-discrimination notices must be posted where employees can see them.

Employers with more than 10 employees keep Forms 300 and 301 for work-related injuries and illnesses, and post the Form 300A summary for the previous year at each establishment from February 1 through April 30. Records are kept five years. Report a work-related fatality within 8 hours and an inpatient hospitalization, amputation or loss of an eye within 24 hours.

Applicable large employers (50 or more full-time employees, counting part-time hours as full-time equivalents) give each full-time employee a Form 1095-C. The January 31 deadline is extended automatically by 30 days, to March 2 in most years (March 1 for the 2026 forms).

The transmittal Form 1094-C and each Form 1095-C are due to the IRS at the end of February on paper or March 31 electronically; employers filing 10 or more information returns in total must file electronically. Penalties apply per late or incorrect form.

Private employers with 100 or more employees file annually through the EEOC's online system; federal contractors with 50 or more employees and certain contracts have also filed. The EEOC sets each year's window (the 2024 report was due June 24, 2025, with no extensions), so check its data collections page.

Establishments with 250 or more employees submit their Form 300A summary through OSHA's Injury Tracking Application by March 2. Establishments with 20 to 249 employees in designated higher-hazard industries must also submit the summary, and those with 100 or more in the most hazardous industries submit Forms 300 and 301 data.

Quarterly estimated payments by owners on business income (Form 1040-ES), including self-employment tax.

Massachusetts applies the three-prong ABC test, including that the work be outside the usual course of the business, to wage, hour and unemployment law. Failing any prong makes the worker an employee; the Attorney General enforces it, including penalties and criminal liability for willful violations.

Required for each non-employee paid $2,000 or more in the year (payments made after 2025).

Required before making taxable sales; register with the state tax agency.

Collect sales tax from customers and remit on the filing frequency assigned by the state.

Home-based businesses need a home occupation permit and must comply with zoning limits (signage, customers, employees).

Massachusetts registers sole proprietors' and partnerships' assumed names at the town level, in each town where business is conducted.