News & Updates

Featuring BOI and FY25 midyear revenue updates, upcoming federal Legislation and pending TCJA expirations and more.

Featuring a BOI update, the MA House and Senate convening their 2025-2026 legislative session and more.

Featuring a BOI update, the SEC approving the 2025 budget for the PCAO and more.

Featuring a BOI Update, the DOR releasing a working draft on computer software and related transactions and more.

Featuring the Federal Court halting beneficial ownership reporting requirements, FY25 budget planning at the State House and more.

Featuring Governor Healey signing into law the nearly $4 billion economic development bill, delivering a significant boost to Massachusetts industries and communities, key tax provisions in the MA FY25 budget and more.

Featuring the MA Legislature finalizing a nearly $4 billion economic development bill, incorporating provisions to support local industries and spur statewide growth, information on MassCPAs' November Taxation Committee meeting and more.

Featuring an election recap, DOR October revenue numbers and more.

Featuring the MA Senate approving a $696 million closeout budget to finalize FY24, the Boston City Council recently approving Mayor Michelle Wu’s revised Commercial Tax proposal in a 12-1 vote and more.

Featuring the House's recent approval a $730 million closeout spending bill for FY24 to address a $233 million deficit, an update on Boston's commercial tax proposal and more.

Featuring information on Question 2 on the ballot, Boston's commercial tax proposal and more.

Featuring the MA DOR confirmed that it will follow IRS guidelines for granting tax relief to personal income taxpayers affected by disasters., the DOR releasing a working draft of proposed changes to the state's real estate withholding regulations under 830 CMR 62B.2.4 and more.

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.