News & Updates

IRS update regarding recent electronic filing challenges in connection with Form 7203, S Corporation Shareholder Stock and Debt Basis Limitations

IRS updates frequently asked questions on Tax Credits for Paid Leave Under the Families First Coronavirus Response Act for Leave Prior to April 1, 2021

IRS updates frequently asked questions for Tax Credits for Paid Leave Under the American Rescue Plan Act of 2021 for Leave After March 31, 2021

Featuring DOR tax season information, SALT information, the Society advocating for businesses and practitioners on schedules K-2 and K-3 and more.

IRS issues FAQs for Tax Year 2021 Earned Income Tax Credit

To celebrate Industry Month, we're recognizing MassCPAs members in the private sector who have helped shape the profession.

Tax Time Guide: IRS reminds taxpayers to report gig economy income, virtual currency transactions, foreign source income and assets

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The AICPA and 52 state CPA societies recently sent a letter to Assistant Treasury Secretary Lily Batchelder and IRS Commissioner Charles Rettig regarding widespread concerns on the Schedules K-2 and K-3 reporting.

Tax Time Guide: Use the Where’s My Refund? tool or IRS2Go app to conveniently check tax refund status

IRS updates FAQs for the Premium Tax Credit

Featuring MassCPAs testimony in support of Governor Baker’s tax break proposals, DOR tax season information and more.

Interest rates increase for the second quarter of 2022

2022 Low Income Taxpayer Clinic List now available

By Stephanie Parker, CPA, MSFP, and Tucker Newman

IRS Statement — New features put in place for IRS Online Account registration; process strengthened to ensure privacy and security

February 2022 Mid-Month Revenue Report

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IRS provides additional updates to Frequently Asked Questions and Answers for 2021 Recovery Rebate Credit

IRS reminds those with farming, fishing businesses of March 1 tax deadline