News & Updates
Friday@Five | January 12, 2024
Member Only Content January 12, 2024
Peek inside the issue now!
IRS Update | January 12, 2024
January 12, 2024
IRS Free File now available; free service through IRS.gov available for millions of taxpayers
IRS Update | January 12, 2024
January 12, 2024
IRS ramps up new initiatives using Inflation Reduction Act funding to ensure complex partnerships, large corporations pay taxes owed, continues to close millionaire tax debt cases
IRS Update | January 12, 2024
January 12, 2024
IRS provides initial guidance to employers setting up emergency savings accounts for their employees
Federal Tax Bill Most Likely Not Happening Before Tax Season
Member Only Content January 11, 2024
Over the last few weeks, Washington insiders were optimistic that Democrats and Republicans could come together to pass a legislative package that would be jam packed with several tax initiatives including a child tax credit.
MassCPAs Legislative Brief | January 11, 2024
Member Only Content January 11, 2024
Governor Healey's plan to cut $375 million from the state budget to help plug a $1 billion revenue hole, an update on the Federal tax bill and more!
Massachustts’ Financial Situation
Member Only Content January 11, 2024
This week, Governor Maura Healey is planning to cut $375 million from the state budget to help plug a $1 billion revenue hole.
IRS Update | January 10, 2024
January 10, 2024
National Taxpayer Advocate delivers Annual Report to Congress; focuses on taxpayer impact of paper processing delays
IRS Update | January 9, 2024
January 09, 2024
IRS reminder: Jan. 31 filing deadline for employers to file wage statements, independent contractor forms
IRS Update | January 9, 2024
January 09, 2024
IRS, Security Summit partners warn of surge in “new client” scams aimed at tax pros as 2024 filing season approaches
IRS Update | January 8, 2024
January 08, 2024
2024 tax filing season set for January 29; IRS continues to make improvements to help taxpayers
Friday@Five | January 5, 2024
Member Only Content January 05, 2024
Peek inside the issue now!
IRS Update | January 5, 2024
January 05, 2024
Tax season 2024: IRS launches Tax Professional Awareness Week; focus on reminders, challenges and training opportunities for experienced and new tax professionals
IRS Update | January 5, 2024
January 05, 2024
IRS announces more time for dealers and sellers of clean vehicles to submit time-of-sale reports
Congress Looking Forward to a Tax Package
Member Only Content January 04, 2024
Negotiations on a federal tax bill were paused in December, but they are starting to drum up again with the hope of Congress passing a tax package later this month.
December Revenue Collections Total $3.776 Billion
January 04, 2024
DOR Update
IRS Update | January 4, 2024
January 04, 2024
Get Ready: IRS website has helpful resources for taxpayers
MassCPAs Legislative Brief | January 4, 2024
Member Only Content January 04, 2024
Featuring information on the second year of the two-year legislative session, negotiations on a federal tax bill drumming up again with the hope of Congress passing a tax package later this month and more.
MassCPAs Votes
January 04, 2024
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What to Look Out for in the 2024 Legislative Session
Member Only Content January 04, 2024
This week began the second year of the two-year legislative session.