|
|
|
CEO Corner
|
Dear INSERT_FIRST_NAME,
As we enter another busy season (kicking off with a snowstorm), there may be good news on the horizon. Earlier this week, Governor Charlie Baker released his final state budget. The Governor included several tax policy proposals in his $48.5 billion plan, including two major MassCPAs priorities – updating the income tax conformity date from 2005 to 2022 and raising the estate tax threshold from $1 million to $2 million. We’re grateful that the Governor and his administration are prioritizing these issues. While we recognize they have a long way to go before becoming law, we are committed to working with the House and the Senate to convey the support of MassCPAs members.
I also want to update you on our efforts related to IRS service levels. A letter was sent to Treasury Secretary Janet Yellen and IRS Commissioner Charles Rettig outlining the types of relief we need, including halting automated collections, providing penalty relief and expediting processing. The House letter has 191 signatures – one of the largest in recent memory – and the Senate letter has 25. We’re grateful for the support of Congressman Neal, Congresswoman Clark, Congressman McGovern, Congressman Lynch and Congresswoman Trahan. The window to sign on to this bipartisan letter was short, so we’ve followed up with the rest of the delegation, urging them to push this effort across other channels.
Yesterday, the IRS announced partial relief for taxpayers, by stopping some notices to taxpayers for filing errors. While this is a good first step, there is more the IRS should do, so we will continue the fight for administrative relief – and you can help. If you have compelling stories about how IRS backlogs have disrupted your clients’ lives, please share them here. These examples will help us continue to pressure Congress and the IRS to provide relief, and we will update you on our progress.
And, speaking of busy season – burnout is real! Our fitness challenge is one way to prioritize your health this winter and it starts next Tuesday, February 1. You can register here.
Have a great weekend – don’t forget to load up on bread and milk!
Amy Pitter
MassCPAs President and CEO
|
|
|
|
|
|
Get Involved
|
Join a MassCPAs Committee
Stay on top of issues impacting your firm/company, get updates on changes happening in the profession and expand your network by joining a MassCPAs committee!
|
|
|
|
|
February Committee Meetings
|
|
|
|
|
2022 MassCPAs Fitness Challenge
| |
|
Get Featured in SumNews
Are you or someone you know doing something innovative in the accounting industry, quickly advancing in the profession or have an interesting background or unique hobby outside the office? We're looking for members to feature as a "Member Spotlight" and "Rising Star" in upcoming issues of SumNews. To nominate a Member Spotlight, click here. To nominate a Rising Star, click here.
|
|
|
|
|
New! CPA Pathways
MassCPAs has a new feature in SumNews highlighting the different careers and career paths of CPAs (both in industry and public accounting). These Q&As focus on how CPAs help people and how careers in accounting are exciting. If you, or someone you know, would be a good fit for this feature, click here for the nomination form.
|
|
|
Please note: Nominees must be a MassCPAs member, and nominators are welcome to nominate themselves.
|
CPE PLUS Webinars
|
 |
In this session, we'll review best practice measures when misconduct occurs and keys to a successful forensic investigation and prosecution. We'll also discuss preventative measures and effective internal controls to reduce exposure to these types of misconduct.
REGISTER
|
|
|
 |
In this session, we'll outline
approaches toward investing in the stock market and provide an overview of the current market. We'll also discuss market volatility basics and tips for investing in volatile markets. REGISTER
|
|
|
|
These webinars are free as part of CPE PLUS, a member benefit!
|
FREE CPE Webinar
| |
Career Center
|
Job Postings
- Controller (Electronics Adhesives Division) - Lowry Rhoads Associates (Executive Search Firm)
- Staff Accountant (Audit and Assurance Bureau) - Gray, Gray & Gray, LLP
- Senior Accountant - South Hadley Electric Light Department (SHELD)
- Assistant Comptroller, Foundation/Alumni - Bridgewater State University
|
|
|
Per Diem Job Postings
- Accountant - RELX Group
- A&A Manager - Sheridan CPA
- Tax and Bookkeeping - Roy & Rurak, LLC
- Personal and Small Business (Tax Seasonal) - Roy & Rurak, LLC
|
|
|
| Member News
|
AAFCPAs, Westborough, announced that SHAWN HUXLEY, CPA, MSA, joined as a partner in the firm’s employee benefit plans practice.
GRAY, GRAY & GRAY, LLP, Canton, announced that HANK WOLFSON was elected as partner. The firm also announced the following promotions:
- CHRIS DOLAN, MSA, to audit senior staff accountant
- ADAM FARIA and VICTORIA RICHARDS to tax senior staff accountants
- MARTIN PRENDERGAST, MBA, and VENICE TOUZE, CPA, MST, to tax senior managers
- LISA SULLIVAN to bookkeeping supervisor
- LINH TRUONG to tax supervisor
- ASHTON VIGUERAS-LAROCHELLE to sage intacct and advisory senior integrations consultant
WALTER & SHUFFAIN, P.C., Boston, announced that JESSICA CANATA, THERESA FIUMARA and CAMERON WILSON were promoted to senior accountants. The firm also announced that ALEX ZAHLAWAY was promoted to supervisor.
|
|
|
|
|
 |
|
|
ACTC
Married Filing Separately
Private Letter Ruling
MGCC
|
|
 |
What is your favorite snow day activity?
|
 |
 |  |
 |
*See the results in next week’s Friday@Five!
|
|
|
|
Is your firm listed in MassCPAs' Find a CPA Directory?
50% Yes
50% No
|
MassCPAs Knowledge Center
Get insights and thought leadership resources designed to help your business, practice area or career. Our library of free downloadable content includes whitepapers, webinars, product guides, case studies, industry analysis and much more, provided by experts and vendors within the accounting industry.
HEAD TO THE KNOWLEDGE CENTER
|
|
|
|
MassCPAs Legislative Brief
This week's newsletter featured Governor Baker unveiling a $48.5 billion FY23 budget, DOR filing season news, the Society calling on MA Congressional Delegation to direct the IRS to provide taxpayer relief and more.
|
|
|
Volunteer Opportunities
Board Member - Colony Retirement Homes
Nonprofit Tax Assistant - International Social Work Solutions, Inc.
Treasurer - Metrowest Free Medical Program
Board Member - Minuteman Senior Services
|
|
|
|
|
|
|
|
|
Click here to unsubscribe from INSERT_MESSAGE_CATEGORY_NAME messages.
Click here to manage your email preferences.
|
©2022 masscpas.org | Massachusetts Society of CPAs
105 Chauncy Street, 10th Floor, Boston, MA 02111
|
|
