News & Updates

Treasury, IRS issue safe harbor deed language for extinguishment and boundary line adjustment clauses

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IRS unveils Strategic Operating Plan; ambitious effort details a decade of change

Featuring MassCPAs tax policy survey results, Massachusetts DOR's March 2023 revenue collections totaling $3.849 billion and more.

IRS wraps up 2023 Dirty Dozen list; reminds taxpayers and tax pros to be wary of scams and schemes, even after tax season

DOR Update

IRS issues guidance on eligibility requirement for energy communities for the bonus credit program under the Inflation Reduction Act

IRS revises Form 8940, Request for Miscellaneous Determination, as part of ongoing efforts to improve service, allow electronic filing

IRS: Arkansas storm victims qualify for tax relief; April 18 deadline, other dates extended to July 31

Dirty Dozen: Beware of abusive tax avoidance schemes

Special Saturday help from IRS available without an appointment on April 8 at multiple Taxpayer Assistance Centers

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IRS issues guidance and updates frequently asked questions related to the new clean vehicle critical mineral and battery components

Dirty Dozen: Watch out for schemes aimed at high-income filers; Charitable Remainder Annuity Trusts, monetized installment sales carry risk

Dirty Dozen: Watch out for Offer in Compromise ‘mills’ where promoters claim their services are needed to settle IRS debts

Featuring MassCPAs tax policy survey results, member feedback on the impact of recent bank failures and more.

Dirty Dozen: IRS urges tax pros and other businesses to beware of spearphishing; offers tips to avoid dangerous common scams

Last month, MassCPAs surveyed more than 270 CPAs on the impact of recent tax policy changes on high-income taxpayers (defined as MA residents with an annual taxable income more than $1 million).

IRS: Mississippi storm victims qualify for tax relief; April 18 deadline, other dates extended to July 31

Dirty Dozen: Taking tax advice on social media can be bad news for taxpayers; schemes circulating involving tax forms