News & Updates

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Treasury and IRS issue guidance relating to section 5000D of the Internal Revenue Code

Home energy audits may qualify for an Energy Efficient Home Improvement Credit

Treasury and IRS issue proposed regulations identifying certain monetized installment sales as listed transactions

DOR Update

Featuring information on Massachusetts Legislature giving final approval of the conference committee’s report on the FY2024 budget, a tax relief update and more.

Security Summit: Tax pros should remain vigilant against phishing emails and cloud-based attacks

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IRS selects new Chief Transformation and Strategy Officer to lead change efforts under the Inflation Reduction Act; David Padrino to oversee Strategic Operating Plan work to help taxpayers, drive agency improvements

IRS invites public input on ways to improve dispute resolution programs; suggestions wanted

Featuring the Society formally weighing in with the conference committee charged with reconciling the differences between the House and Senate tax relief proposals, the IRS halting unannounced Revenue Officer visits to taxpayers, and more.

IRS Commissioner signals new phase of Employee Retention Credit work; with backlog eliminated, additional procedures will be put in place to deal with growing fraud risk

Security Summit: Identity Protection PINs are an important tool against tax-related identity theft

IRS ends unannounced revenue officer visits to taxpayers; major change to end confusion, enhance safety as part of larger agency transformation efforts

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For employers and tax pros, free IRS webinar to focus on Employee Retention Credit

Taxpayers see wave of summer email, text scams; IRS urges extra caution with flood of schemes involving Economic Impact Payments, Employee Retention Credits, tax refunds

Featuring the DOR issuing cost estimates for tax relief plans, sales tax holiday set for August and more.

Extension filers: IRS.gov should be first step for summertime tax help; agency encourages those with extensions to file soon

DOR Update