News & Updates

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.

Treasury, IRS release guidance on the prevailing wage and apprenticeship requirements for increased credit and deduction amounts under the Inflation Reduction Act

IRS announces new steps to combat abusive use of partnerships; agency’s focus intensifies as new guidance closes loopholes worth tens of billions

Treasury, IRS issue frequently asked questions regarding educational assistance programs

Peek inside the issue now!

IRS updated careers website aims to better connect with job seekers; part of larger agency recruiting efforts to serve taxpayers, the nation

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

IRS warns against scams targeting seniors; joins other federal agencies to recognize special awareness day

2024 IRS Nationwide Tax Forum: Educational seminars, special events announced focusing on tax security, scams, practice management and beneficial ownership information

Every year MassCPAs holds a CPA Day of Service - a perfect opportunity for your organization to come together as a team, give back to the local community and unite with other members of the CPA profession!

IRS reminder: June 17 estimated tax payment deadline fast approaching

IRS has options to help people who missed the April filing deadline

Peek inside the issue now!

Treasury, IRS update procedures for qualified manufacturers, dealers and sellers of certain qualified clean vehicles under the Inflation Reduction Act

IRS: West Virginia storm victims qualify for tax relief; various deadlines postponed to Nov. 1

Treasury, IRS release guidance for the Energy Community Bonus Credit under the Inflation Reduction Act

IRS: Kentucky storm victims qualify for tax relief; various deadlines postponed to Nov. 1

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.

Document Upload Tool reaches key milestone; 1 million submissions received

IRS: Many payments to individuals affected by East Palestine train disaster are tax-free; new guidance could help those in Ohio, Pennsylvania, West Virginia