News & Updates

MassCPAs encourages members to share their thoughts on both proposals.

Featuring information on the AICPA and NASBA's proposed changes to the Uniform Accountancy Act (UAA), the IRS announcing tax relief for victims of Hurricane Helene and more.

Featuring information on the stalled economic development bill will finally emerge from legislative limbo in the next few weeks., the Economic Development Secretary Yvonne Hao announced the launch of a new initiative to support small businesses in MA and more.

Featuring Governor Healey’s recently signed Fiscal Year 2025 (FY25) budget, the IRS finalizing new regulations requiring that the basis of property inherited from a decedent must match the value reported on the estate tax return and more.

Featuring the DOR's August revenue numbers, Governor Healey filing a supplemental budget bill to close the books on FY24 and more.

Featuring information on MassCPAs' Taxation Committee on September 17, general election information and more.

Featuring new laws on pay transparency and data reporting go into effect on February 1, 2025, information on coalition against scams and scheme threats and more.

Featuring DOR mid-month revenue numbers, an update on Boston Mayor Wu's recently introduced legislation to increase taxes on commercial properties and more.

Featuring a BOI update, Governor Healey's recently signed FY25 budget introducing a 60-day tax amnesty program and more.

Featuring DOR July revenue numbers, the U.S. Senate blocking a major tax bill and more.

Featuring the MA Legislative session concluding, the U.S. Senate being expected to vote on a significant bipartisan tax bill that supports job creators, small businesses and working families and more.

Featuring the MA Senate passing language that would raise the financial statement review threshold to $500,000 and raise the financial statement audit threshold to $1,000,000 and more.

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.

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.

Featuring the House passing a comprehensive economic development bill that expands on Governor Healey’s initial proposal aimed at bolstering key industries, the FY25 state budget and more.

Featuring an Advocacy in Action Day recap, the House debating H.4789, An Act relative to strengthening Massachusetts' economic leadership and more.

Featuring MassCPAs' 2024 Public Policy and State Competitiveness Report, the DOR releasing information about an upcoming change to the Meals Tax account type in MassTaxConnect and more.

Featuring the Joint Committee on Bonding, Capital Expenditures and State Assets favorably reporrting the $3.5 billion economic development bill and more.

Featuring the House approving a $6.5 billion housing bond bill, exceeding Governor Maura Healey’s $4.1 billion proposal from last year., the Joint Committee on Economic Development and Emerging Technologies favorably reporting a $3.5 billion economic development bill and more.

Featuring the Senate finalizing and approving a $58 billion budget for FY25, the U.S. House Ways and Means Committee launching a new public comment platform and more.