News & Updates

Last week, Attorney General (AG) Andrea Campbell’s office certified 34 potential ballot questions for the November 2024 ballot.

To protect taxpayers from scams, IRS orders immediate stop to new Employee Retention Credit processing amid surge of questionable claims; concerns from tax pros

Red flags for Employee Retention Credit claims; IRS reminds businesses to watch out for warning signs of aggressive promotion that can mislead people into making improper ERC claims

On Tuesday, the Joint Committee on Revenue held a public hearing and bills related to implementation of a digital advertising tax were heard.

Featuring information on Governor Maura Healey filing a supplemental budget that will enable the Commonwealth to close out FY23, ballot questions for the November 2024 ballot and more.

Yesterday, Governor Maura Healey filed a supplemental budget that will enable the Commonwealth to close out Fiscal Year 2023 (FY23).

IRS: Georgia taxpayers impacted by Idalia qualify for tax relief; Oct. 16 deadline, other dates postponed to Feb. 15

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IRS announces sweeping effort to restore fairness to tax system with Inflation Reduction Act funding; new compliance efforts focused on increasing scrutiny on high-income, partnerships, corporations and promoters abusing tax rules on the books

House and Senate members are back on Beacon Hill after a recess from formal sessions in August. The two chambers have some unfinished business to work on before the end of the formal sessions for 2023.  

Last month, MassCPAs requested the Massachusetts Congressional Delegation sign on to legislation delaying BOI reporting requirements, scheduled to go into effect on January 1, 2024. 

Featuring information on Beacon Hill’s fall agenda, preliminary election updates and more.

September marks the start of preliminary elections in some local mayoral and city council races. Boston City Council district races have been widely discussed this summer.

DOR Update

IRS reminds gig workers, self-employed and others of Sept. 15 third quarter estimated tax payment deadline

IRS accepting applicants for the 2024 Compliance Assurance Process

IRS: South Carolina taxpayers impacted by Idalia qualify for tax relief; Oct. 16 deadline, other dates postponed to Feb. 15

IRS issues a frequently asked question for pass-through entities to report negative amounts electronically to the IRS on Part II of Schedules K-2 and K-3

September is National Preparedness Month; IRS reminds taxpayers to prepare for natural disasters

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