News & Updates

First quarter estimated tax payment deadline is April 15

Last-minute filing tips, resources available to help taxpayers who still need to file

Featuring IRS workforce cuts and resources, DOR March revenue collections and more.

Massachusetts is at a crossroads in maintaining its economic competitiveness. While the state has made progress with a $1 billion tax reform package in 2023, ongoing concerns about tax policy, business climate and workforce trends continue to drive high-income residents and businesses out of the Commonwealth. To address these challenges, MassCPAs conducted its third annual Public Policy and State Competitiveness Survey, providing critical data to inform policymakers and business leaders. Survey participants were in-state industry leaders as well as nearly 200 CPAs representing roughly 4,600 high- income clients (defined as clients with an annual taxable income in excess of $1 million).

IRS reminds taxpayers to access or create an IRS Online Account today

IRS: Act now to file, pay or request an extension

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IRS reminder: Disaster victims in twelve states have automatic extensions to file and pay their 2024 taxes

Reminder to those who owe: Payment plan options are available

March Revenue Collections Total $4.193 Billion

Featuring information on the latest round of tariffs imposed by the Trump Administration, the House of Representatives passing tax Administration bills and more.

IRS reminder to U.S. taxpayers living, working abroad: File 2024 tax return by June 16

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Earned Income Tax Credit celebrates 50 years of helping working families

Featuring a BOI update, March mid-month DOR revenue collections and more.

IRS: Free File provides quick and easy way to file taxes

Follow key filing guidelines to speed refunds, avoid errors

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Featuring the House and Senate turning their attention to legislative priorities, including extending key TCJA provisions, IRS changes and resources and more.

IRS-CI names Gary Shapley as deputy chief