News & Updates

Treasury, IRS provide guidance for individuals who received tips or overtime during tax year 2025

Treasury, IRS issue guidance on tax benefit for lenders on loans secured by farm or rural property under the One, Big, Beautiful Bill

Featuring the Society weighing in on estate tax bills, the MA House and Senate wrapping up the first year of their two-year formal session and more.

DOR Update

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401(k) limit increases to $24,500 for 2026, IRA limit increases to $7,500

Interest rates remain the same for the first quarter of 2026

Featuring Congress voting to reopen the federal government, the DOR proposing updated withholding regulations and more.

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Featuring the government shutdown impacting MA funding, October DOR collections and more.

Treasury, IRS provide penalty relief for tax year 2025 for information reporting on tips and overtime under the One, Big, Beautiful Bill

DOR Update

Nationwide Tax Forum Online launches with new continuing education content

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Featuring the MA House of Representatives passing H.4670, An Act Relative to Personal Financial Literacy, the Board of Public Accountancy publishing the finalized regulations that update requirements for CPA certification and more.

IRS reminds tax pros to renew PTINs for the 2026 tax season

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IRS issues FAQs on Form 1099-K threshold under the One, Big, Beautiful Bill; dollar limit reverts to $20,000

Featuring the MA DOR releasing a TIR working draft on conformity to OBBBA provisions, mid-month DOR revenue collections and more.