News & Updates

By Sonny Grover, CPA; Darren Guillot; and Rick Meyer, CPA, MBA, MST

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IRS granting dyed diesel penalty relief as a result of Texas wildfires

IRS continues special Saturday hours on March 16 for face-to-face help at 70 Taxpayer Assistance Centers

Featuring information on a federal district court in Alabama declaring the CTA which includes the BOI reporting requirement, unconstitutional, DOR February revenue collections and more.

IRS alert: Beware of companies misrepresenting nutrition, wellness and general health expenses as medical care for FSAs, HSAs, HRAs and MSAs

Margie Rollinson begins work as 49th IRS Chief Counsel; first woman to permanently hold position

Tax Time Guide: Taxpayers should report digital asset transactions, gig economy income, foreign source income and assets

DOR Update

Treasury, IRS finalize rules on elective payments of certain clean energy credits under the Inflation Reduction Act

Treasury, IRS issue guidance for the elective payment of advanced manufacturing investment credit

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Registration opens for 2024 IRS Nationwide Tax Forum; five cities to host special sessions this summer

Time is running out: IRS encourages eligible non-filers in 2020 to claim their Recovery Rebate Credit before May 17 deadline

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IRS Free File program sees early increase in use; filings up nearly 10%

IRS: Never mind the myths; know the facts about receiving a Form 1099-K in 2024

This week, Governor Maura Healey gave a preview of her long-awaited economic development plan when she addressed business leaders at the Greater Boston Chamber of Commerce.

IRS launches new effort aimed at high-income non-filers; 125,000 cases focused on high earners, including millionaires, who failed to file tax returns with financial activity topping $100 billion

Featuring congressional leaders coming to an agreement on a funding deal that pushed a government shutdown deadline later in March, Governor Maura Healey giving a preview of her long-awaited economic development plan when she addressed business leaders at the Greater Boston Chamber of Commerce and more.