News & Updates

IRS provides guidance for employers claiming the Employee Retention Credit for first two quarters of 2021

Join the Taxpayer Advocacy Panel and help improve the IRS; apply by May 14

IRS, Treasury disburse more Economic Impact Payments under the American Rescue Plan; total tops 130 million with more to come

IRS to recalculate taxes on unemployment benefits; refunds to start in May

IRS warns university students and staff of impersonation email scam

IRS projects stimulus payments to non-filer Social Security and other federal beneficiaries will be disbursed later this week

Emergency aid granted to students due to COVID is not taxable

IRS extends additional tax deadlines for individuals to May 17

Face masks and other personal protective equipment to prevent the spread of COVID-19 are tax deductible

IRS Criminal Investigation (CI) pledges continued commitment to investigating COVID-19 fraud as CARES Act reaches one-year anniversary

J5 countries host ‘Challenge’ aimed at FINtech companies

The MSCPA Educational Foundation Scholarships are made possible through the generosity of public accounting firms, private companies and individuals throughout the Commonwealth. Recipients are undergraduate or graduate students who have demonstrated academic excellence, financial need and intent to pursue a career in accounting. Thank you for your generous support!

IRS, Treasury disburse another 37 million Economic Impact Payments from the American Rescue Plan

More Economic Impact Payments set for disbursement in coming days; taxpayers should watch mail for paper checks, debit cards

IRS Office of Chief Counsel unveils National Virtual Settlement Days effort this year to reach more taxpayers in more parts of the nation

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