News & Updates

IRS granting dyed diesel penalty relief as a result of Hurricane Helene

IRS provides relief for Helene; various deadlines postponed to May 1, 2025; part or all of 7 states qualify

IRS relief now available to storm victims in parts of Illinois; multiple deadlines postponed to Feb. 3, 2025

Volunteers needed across the country to provide free tax services; sign up from Oct. to Jan. for the upcoming filing season

IRS extends relief to farmers and ranchers impacted by drought in 41 states, other regions

IRS releases draft Form 7217, Partners Report of Property Distributed by a Partnership, for public comment

Independent Office of Appeals Secure Messaging Program Office launches "Corporate Group Mailbox" pilot for large business taxpayers with multiple representatives

As the 2025 tax landscape evolves, MassCPAs is here to keep you updated. Our 2025 Tax Changes page is your go-to source for regular updates and insights on potential tax reforms, with expert analysis on how these changes could affect your business or personal finances.

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IRS opens new process for payroll companies, third-party payers to help clients resolve incorrect claims for the Employee Retention Credit

Featuring information on the stalled economic development bill will finally emerge from legislative limbo in the next few weeks., the Economic Development Secretary Yvonne Hao announced the launch of a new initiative to support small businesses in MA and more.

Elizabeth Askey named Chief of IRS Independent Office of Appeals

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IRS: Free Sept. 26 webinar on dealing with disasters from an individual tax perspective

IRS warns of "mills" taking advantage of taxpayers with Offer in Compromise program

IRS provides an update to frequently asked questions for the Premium Tax Credit

DOR Update

Featuring Governor Healey’s recently signed Fiscal Year 2025 (FY25) budget, the IRS finalizing new regulations requiring that the basis of property inherited from a decedent must match the value reported on the estate tax return and more.

IRS relief now available to Debby victims in parts of Pennsylvania; various deadlines postponed to Feb. 3, 2025

Treasury, IRS issue guidance on the Alternative Fuel Vehicle Refueling Property Credit