News & Updates

Security Summit warns tax pros to remain vigilant against phishing emails and cloud-based attacks

IRS warns taxpayers about misleading claims about non-existent “Self Employment Tax Credit;” promoters, social media peddling inaccurate eligibility suggestions

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IRS tops $1 billion in past-due taxes collected from millionaires; compliance efforts continue involving high-wealth groups, corporations, partnerships

IRS reminds car dealers and sellers to be aware of phishing scams

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Featuring the Senate releasing its version of a $2.4 billion economic development bond bill, an update on the legislature's formal sessions and more.

Treasury, IRS issue frequently asked questions regarding registration for the Clean Fuel Production Credit

New, evolving scams threaten tax professionals; Security Summit warns extra attention needed on trending threats that could affect businesses, clients

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IRS reminder to disaster victims in three states: July 15 filing and payment deadline nears; others face due dates later this summer

IRS warns of new scam targeting Clean energy tax credit

Featuring the House passing a comprehensive economic development bill that expands on Governor Healey’s initial proposal aimed at bolstering key industries, the FY25 state budget and more.

Tax pros continue to be targeted by identity thieves; IRS, Security Summit urge continued vigilance against evolving threats as special summer education series, Nationwide Tax Forums begin

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Treasury and IRS announce final regulations on how to report and pay the corporate stock repurchase excise tax

IRS: Marijuana remains a Schedule I controlled substance; Internal Revenue Code Section 280E still applies

Treasury, IRS issue final regulations requiring broker reporting of sales and exchanges of digital assets that are subject to tax under current law, additional guidance to provide penalty relief, address information reporting and other technical issues

IRS provides tax relief for taxpayers impacted by severe storms, straight-line winds, tornadoes and flooding in Mississippi; various deadlines postponed to Nov. 1, 2024

Featuring an Advocacy in Action Day recap, the House debating H.4789, An Act relative to strengthening Massachusetts' economic leadership and more.