News & Updates

Featuring the House and Senate turning their attention to legislative priorities, including extending key TCJA provisions, IRS changes and resources and more.

Featuring the U.S. House of Representatives passing a federal funding bill that reduces non-defense spending by $13 billion and increases defense spending by $6 billion, the AICPA seeking public comments on private equity in accounting firms and more.

Featuring the AICPA and NASBA releasing an exposure draft proposing changes to the UAA, February state tax revenues surging and more.

Featuring the House passing a budget and setting the stage for major tax debate, concerns over federal workforce cuts and more.

Featuring the BOI reporting requirement being lifted following a recent district court order, the IRS being set to terminate approximately 6,700 probationary employees by the end of the week and more.

Featuring the U.S. House of Representatives unanimously passing H.R. 736, the House and Senate announcing plans to advance budget proposals that must be finalized in the coming weeks to maintain government funding and operations, and more.

Featuring Governor Healey reintroducing local option tax legislation, the DOR releasing TIR 25-1: individual mandate penalties for 2025 and more.

Featuring MA reacting to federal funding freeze, the Supreme Court granting stay on BOI reporting injunction and more.

Featuring MA Legislative session kicking off, MassCPAs Legislative priorities, next week's HUB Go-Live and more.

Featuring a BOI update, Mayor Wu proposing a new tax relief plan and more.

Featuring BOI and FY25 midyear revenue updates, upcoming federal Legislation and pending TCJA expirations and more.

Featuring a BOI update, the MA House and Senate convening their 2025-2026 legislative session and more.

Featuring a BOI update, the SEC approving the 2025 budget for the PCAO and more.

Featuring a BOI Update, the DOR releasing a working draft on computer software and related transactions and more.

Featuring the Federal Court halting beneficial ownership reporting requirements, FY25 budget planning at the State House and more.

Featuring Governor Healey signing into law the nearly $4 billion economic development bill, delivering a significant boost to Massachusetts industries and communities, key tax provisions in the MA FY25 budget and more.

Featuring the MA Legislature finalizing a nearly $4 billion economic development bill, incorporating provisions to support local industries and spur statewide growth, information on MassCPAs' November Taxation Committee meeting and more.

Featuring an election recap, DOR October revenue numbers and more.

Featuring the MA Senate approving a $696 million closeout budget to finalize FY24, the Boston City Council recently approving Mayor Michelle Wu’s revised Commercial Tax proposal in a 12-1 vote and more.

Featuring the House's recent approval a $730 million closeout spending bill for FY24 to address a $233 million deficit, an update on Boston's commercial tax proposal and more.