News & Updates

IRS revises further Frequently Asked Questions and Answers for 2021 Recovery Rebate Credit

2021 return done? Next step: use the IRS Tax Withholding Estimator to make sure withholding is right for 2022

IRS revises further Frequently Asked Questions and Answers for 2020 Recovery Rebate Credit

DOR Update

IRS letters going out to taxpayers who may need to take action related to Qualified Opportunity Funds

IRS dispels new and common myths about tax refunds; key information available to help people

Identity stolen? Request an Identity Protection PIN from the IRS

Peek inside the issue now!

By Stephanie Parker, CPA, MSFP, and Michael LoColle

Featuring the MA DOR's March 2022 revenue collections totaling $3.858 billion, the Baker Administration's new “HireNow” grant program and more.

For those who make estimated federal tax payments, the first quarter deadline is Monday, April 18

DOR Update

Coming soon: 2023 Low Income Taxpayer Clinic grant application period

Special Saturday help from IRS available without an appointment on April 9

Peek inside the issue now!

Taxpayer Advocacy Panel welcomes 25 new members; calls for new volunteers to apply by April 8 to help shape future of IRS, improve taxpayer rights

IRS reminds holders of foreign bank and financial accounts of April FBAR deadline

Featuring President Biden's $5.8 trillion budget, the state's 53-page "Future of Work Commission" report, the Baker Administration's new “HireNow” grant program and more.

The MassCPAs government affairs team, in collaboration with members of the MassCPAs Governmental Accounting and Auditing Committee, had the opportunity to conduct a written interview with the candidates running for Massachusetts State Auditor.

Letters about third-round of Economic Impact Payments issued; important steps to take for missing payments and corrections