News & Updates

IRS issues guidance for energy communities and the bonus credit program under the Inflation Reduction Act

IRS Employee Retention Credit compliance effort tops $1 billion threshold since fall; Voluntary Disclosure Program suspended after March 22, special withdrawal program remains open as audits, investigations intensify

IRS reminder to U.S. taxpayers living, working abroad: File 2023 tax return by June 17; those impacted by terrorist attacks in Israel have until Oct. 7

This March, we're celebrating women members who work in the private sector.

By Suzanne M. Holl, CPA

IRS: Free File provides quick, easy way to file an extension

Featuring Governor Healey releasing the Massachusetts’ Workforce Agenda, a call to action on a federal tax bill and more.

Seven warning signs of incorrect Employee Retention Credit claims for businesses to review as key March 22 deadline approaches

DOR Update

Avoid tax return mistakes, reduce processing delays and refund adjustments by following these guidelines

Peek inside the issue now!

IRS provides more information in various languages; part of ongoing transformation effort to expand services to taxpayers

March 22 deadline approaching to resolve incorrect Employee Retention Credit claims; IRS urges businesses to review questionable claims to avoid future compliance action

Tax Time Guide: Escape penalties and interest with electronic payment options on IRS.gov

Featuring the Society working with the legislature to file, S.910 – An Act relative to the financial statement review and financial statement audit thresholds for Massachusetts public charities and more.

IRS names Guy Ficco new Criminal Investigation chief

Joint Board extends waiver of physical presence education requirement for enrolled actuaries

Direct File officially opens in 12 pilot states following positive early reviews; eligible taxpayers can file online directly with the IRS for free

By Sonny Grover, CPA; Darren Guillot; and Rick Meyer, CPA, MBA, MST

Peek inside the issue!