News & Updates

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Every week, the Society showcases a MassCPAs member on LinkedIn to share their experience with the Society while also highlighting their firm/company and alma mater.

This week, MassCPAs was proud to sign on to a letter that was sent to U.S. Secretary of Homeland Security Alejandro Mayorkas voicing concerns for the federal government to process work authorization for migrants during the ongoing migrant crisis in the U.S. Additionally, the letter asks the feds to allow provisional work authorization while the administrative process unfolds.      

Last Thursday, the Internal Revenue Service (IRS) announced that they will not review or process any Employee Retention Credit (ERC) claims received on or after September 14 until the end of 2023, which is great news for small businesses.

This weekly e-newsletter offers you information and resources available through federal and state governments regarding business loan programs, Department of Labor (DOL) and Department of Health (DOH) updates, and news as it relates to the impacts of COVID-19 on our profession, the economy and our Society.

Information regarding Auditor Diana DiZoglio confirming publicly that there will not be any 62F tax rebates this year for MA taxpayers, MassCPAs signing a letter that was sent to U.S. Secretary of Homeland Security Alejandro Mayorkas voicing concerns for the federal government to process work authorization for migrants during the ongoing migrant crisis in the U.S. and more.

Thanks for participating in MassCPAs Votes!

Yesterday, Auditor Diana DiZoglio confirmed publicly that there will not be any 62F tax rebates this year for Massachusetts taxpayers.

IRS to establish special pass-through organization to help with high-income compliance efforts; new workgroup to blend current employees and new hires to focus on complex partnerships, other key areas

Every month, the Society showcases a college and high school student member on our social media channels to share their background and why they want to pursue accounting as a career.

DOR Update

IRS, Electronic Tax Administration Advisory Committee select 8 new members

IRS reminder to storm victims in 3 states: File and pay by Oct. 16; most of California, parts of Alabama and Georgia affected

Get up to 20 FREE credits as a perk of your 2021-22 MassCPAs membership

Peek inside the issue now!

IRS requests comments on expanding tax certainty and issue resolution programs for business taxpayers

IRS looks to hire 3,700 employees nationwide to help expand compliance for large corporations and complex partnerships; experienced accountants encouraged to apply for Revenue Agent positions

Last week, Attorney General (AG) Andrea Campbell’s office certified 34 potential ballot questions for the November 2024 ballot.

To protect taxpayers from scams, IRS orders immediate stop to new Employee Retention Credit processing amid surge of questionable claims; concerns from tax pros

Red flags for Employee Retention Credit claims; IRS reminds businesses to watch out for warning signs of aggressive promotion that can mislead people into making improper ERC claims