News & Updates
MassCPAs Report Exposes Perception Gap Fueling Talent Shortage in Accounting Industry
March 25, 2024
Explore insights from MassCPAs' report on diversity, equity, inclusion and belonging (DEIB) challenges and opportunities in the accounting profession. Discover key findings, including disparities in diversity, gender inequities and high burnout rates among accountants. Learn about the urgent need for inclusive workplace cultures and strategic initiatives to move our industry forward.
Friday@Five | March 22, 2024
Member Only Content March 22, 2024
Peek inside the issue now!
IRS Update | March 22, 2024
March 22, 2024
IRS issues guidance for energy communities and the bonus credit program under the Inflation Reduction Act
IRS Update | March 22, 2024
March 22, 2024
IRS Employee Retention Credit compliance effort tops $1 billion threshold since fall; Voluntary Disclosure Program suspended after March 22, special withdrawal program remains open as audits, investigations intensify
IRS Update | March 22, 2024
March 22, 2024
IRS reminder to U.S. taxpayers living, working abroad: File 2023 tax return by June 17; those impacted by terrorist attacks in Israel have until Oct. 7
Celebrating Women's History Month/Industry Month
March 21, 2024
This March, we're celebrating women members who work in the private sector.
Generative Artificial Intelligence Solutions: Understand Your Risks
March 21, 2024
By Suzanne M. Holl, CPA
IRS Update | March 21, 2024
March 21, 2024
IRS: Free File provides quick, easy way to file an extension
MassCPAs Legislative Brief | March 21, 2024
Member Only Content March 21, 2024
Featuring Governor Healey releasing the Massachusetts’ Workforce Agenda, a call to action on a federal tax bill and more.
IRS Update | March 20, 2024
March 20, 2024
Seven warning signs of incorrect Employee Retention Credit claims for businesses to review as key March 22 deadline approaches
March 2024 Mid-Month Revenue Report
March 20, 2024
DOR Update
IRS Update | March 18, 2024
March 18, 2024
Avoid tax return mistakes, reduce processing delays and refund adjustments by following these guidelines
Friday@Five | March 15, 2024
Member Only Content March 15, 2024
Peek inside the issue now!
IRS Update | March 15, 2024
March 15, 2024
IRS provides more information in various languages; part of ongoing transformation effort to expand services to taxpayers
IRS Update | March 15, 2024
March 15, 2024
March 22 deadline approaching to resolve incorrect Employee Retention Credit claims; IRS urges businesses to review questionable claims to avoid future compliance action
Beneficial Ownership Information (BOI) Resource Center
March 14, 2024
The beneficial ownership information (BOI) reporting requirement requires small businesses, including small CPA firms, to report information on the owner of an entity beginning on January 1, 2024. In December, the U.S. House of Representatives passed legislation that would provide a one-year delay to the start of the rule.
IRS Update | March 14, 2024
March 14, 2024
Tax Time Guide: Escape penalties and interest with electronic payment options on IRS.gov
MassCPAs Legislative Brief | March 14, 2024
Member Only Content March 14, 2024
Featuring the Society working with the legislature to file, S.910 – An Act relative to the financial statement review and financial statement audit thresholds for Massachusetts public charities and more.
IRS Update | March 13, 2024
March 13, 2024
IRS names Guy Ficco new Criminal Investigation chief
IRS Update | March 13, 2024
March 13, 2024
Joint Board extends waiver of physical presence education requirement for enrolled actuaries