News & Updates

IRS issues guidance for the procedures to claim a credit for utilization of carbon oxide

Security Summit urges tax pros to watch out for identity theft red flags

IRS.gov offers Free File service, other resources; provides extension filers summertime help ahead of October deadline

IRS provides relief to Hurricane Beryl victims in Texas; various deadlines postponed to Feb. 3, 2025

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Treasury, IRS issue updated guidance on required minimum distributions from IRAs, other retirement plans; generally retains proposed rules

DOR Update

Featuring a big win for MassCPAs in the Senate’s Economic Development Bill, the House and Senate negotiators announcing they have reached an agreement on the overdue budget for FY25 and more.

IRS enhances FATCA registration website by requiring users to authenticate their identities

Security Summit warns tax pros to remain vigilant against phishing emails and cloud-based attacks

IRS warns taxpayers about misleading claims about non-existent “Self Employment Tax Credit;” promoters, social media peddling inaccurate eligibility suggestions

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IRS tops $1 billion in past-due taxes collected from millionaires; compliance efforts continue involving high-wealth groups, corporations, partnerships

IRS reminds car dealers and sellers to be aware of phishing scams

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Featuring the Senate releasing its version of a $2.4 billion economic development bond bill, an update on the legislature's formal sessions and more.

Treasury, IRS issue frequently asked questions regarding registration for the Clean Fuel Production Credit

New, evolving scams threaten tax professionals; Security Summit warns extra attention needed on trending threats that could affect businesses, clients

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IRS reminder to disaster victims in three states: July 15 filing and payment deadline nears; others face due dates later this summer