CEO MESSAGE
Dear Hannah,
There is an important update in the fight to get Massachusetts to conform its due dates to recent changes made by the Feds. In 2015, the
federal government changed the due dates for corporate and partnership tax returns. In part, these new changes, which will apply to the 2016 tax
returns prepared during the 2017 tax filing season, switch the due date for C corporation returns from March 15 to April 15, and the due date for
partnerships from April 15 to March 15. Massachusetts is one of only two states that has failed to pass legislation that would create conformity with
the new federal due dates. The MSCPA has been fighting hard to get these changes made, and there is a provision in the Governor’s supplemental
budget to do just that, but at this time that provision is unfunded.
The DOR announced yesterday that they will waive late-file penalties for corporate returns filed on or before the
federal tax return due date. For more information, please click here.
The Society continues to lobby Legislature to pass legislation to make this important change
which is still needed despite the DOR’s directive. To assist us in doing so, contact your legislator!
Speaking of taxes, we are all so proud of MSCPA member, Fed Tax Committee Chair and incoming
Board member Kate Seekell, CPA, MST who was terrific on NECN’s Tax Tuesday earlier this week. Check it out here. Awesome job, Kate!
Have a great weekend!
Amy Pitter
MSCPA President/CEO
GET INVOLVED & GROW
Build
Your Client List This Tax Season
The MSCPA recently launched a digital ad campaign to promote the professionalism and
dependability CPAs bring to the table. As a member benefit, MSCPA members can use all advertisements for their own marketing efforts! Get started now
and promote your business using the
campaign!
MSCPA Fitness Challenge - Top 3 Teams This
Week
1) Saba, Colman & Hunt
PC
2) Meaden & Moore,
LLP
3) Hague, Sahady & Co.
P.C.
A special thank you to Axial Benefits Group for making this challenge possible!
Featured Member Benefit - Finish Line (3/15 -
3/26) Interested in seeing the world
premiere of Finish Line: A Documentary Play About the 2013 Boston Marathon? The play will be presented by the Citi Performing Arts Center in
association with Boston Theater Company at the Citi Shubert Theatre March 15-26, 2017.
To purchase tickets, click
here and enter promo code: CLUBLINK.
SAVE THE DATE! MSCPA Day of Service
(6/15)
The CPA Day
of Service is the perfect opportunity for your organization to come together as a team, give back to the local community and unite with other members
of the CPA profession! Sign your firm up
today!
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IRS Updates
NETWORKING EVENT
Save the Date: Young Professional After
Tax Season Bash (4/27)
Celebrate the end of tax season at the MSCPA's Annual Young Professional After Tax Season Bash on
Thursday, April 27 at the Atlantic Beer Garden. Pre-registration is required – reserve your spot today.
NEW VOLUNTEER REQUEST
- Financial Director - Massachusetts Recreational Consumer Council
LATEST POSTS IN THE HUB
- IT Committee/Networking?
- How
To Deduct an "Uncollectible" C Corp Shareholder's Loan
- Tax Return Due Date
Relief
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