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We're working to keep you informed in a world that changes by the minute. If you have anything you'd like to share, or if we can help you in any way, please reach out to Zach Donah at zdonah@mscpaonline.org or 617.303.2411, or Larry Liuzzo at lliuzzo@mscpaonline.org or 617.303.2405.
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MSCPA Calls on Congress to Allow Deductibility for PPP Expenses
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The MSCPA, along with more than 50 other CPA societies and the American Institute of CPAs, sent a letter to Congressional leadership and the Massachusetts Congressional Delegation requesting that a PPP expense deductibility provision be part of any must-pass, year-end legislative package. We have heard in recent days that a stimulus bill has potential to pass this Congress before the end of the current session and are hopeful that PPP expense deductibility will be included.
Thanks to you and your efforts for taking the time to write to our members of Congress and for keeping this issue front and center. To read the letter, click here.
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Amid Virus Surge, Governor Baker Revises Reopening Measures
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- Implement a 40% capacity limit for retail shops, museums, houses of worship and others;
- Limit indoor dining to 90 minutes and require patrons to wear masks at all times, including while sitting at a table, aside from when eating or drinking;
- Call for “stronger mask compliance” while inside offices, gyms, restaurants
and other business and communal venues; and
- Encourage people to limit the time spent with those outside of your immediate household.
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Tips for Employers to Slow the Spread of COVID-19 in the Workplace
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Secretary Mike Kennealy of the Executive Office of Housing and Economic Development recently released a letter for employers outlining the guidelines in place if an employee tests positive for, or is exposed to, the COVID-19 virus.
Employers can follow the steps below to help prevent and slow the spread of COVID-19:
- Review the Department of Public Health (DPH)’s information and guidance for persons in quarantine or isolation, and share it with your employees.
- Remind all employees to report instances of possible exposure and to immediately quarantine until either they receive a negative test or they self-isolate for 14 days, in accordance with the DPH guidance.
- Ensure employees who have faced possible exposure do not feel pressured to report to the workplace, whether or not they are exhibiting symptoms. Reassuring employees of their job security will help prevent virus transmission between coworkers.
- Monitor use of break rooms and warn employees of risks associated with carpooling. These settings have both been identified as hot spots for COVID-19 infections.
To read the Secretary’s letter to the business community, click here.
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Massachusetts Department of Revenue (DOR) Extends Telecommuting Regulation – Announces Public Hearing (1/20/21)
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The Department of Revenue has scheduled a public hearing to discuss 830 CMR 62.5A.3: Massachusetts Source Income of Non-Residents Telecommuting due to COVID-19.
830 CMR 62.5A.3 sets forth the sourcing rules that apply to income earned by a non-resident employee who telecommutes on behalf of an in-state business from a location outside the state due to the COVID-19 state of emergency in Massachusetts and explains the parallel treatment that will be accorded to resident employees with income tax liabilities in other states that have adopted similar sourcing rules. The rules in this regulation are effective until 90 days after the state of emergency in Massachusetts
is lifted.
Date:
Wednesday, January 20
Time: 10:00 – 11:30 a.m.
To join the meeting online, click here. To join the meeting by phone, call 1.408.418.9388 and enter access code 179 242 3764.
For more information, click here.
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Massachusetts Unemployment Insurance Fraud Resources
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Unemployment Insurance Fraud is on the rise again.
If you believe you may have had a false unemployment claim filed using your identity, contact the DUA here or at 877.626.6800. Please stay vigilant.
For more information and resources, click here.
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Webinar Recording: MassTaxConnect Version 12 Overview
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Couldn’t make it to the DOR’s webinar in November? We’ve got you covered!
Changes to MassTaxConnect are on the way in January 2021.
Some of the changes include:
- A new design that makes it easier to get around;
- A more convenient third-party management screen; and
- Easily accessible account information.
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New England Advocacy Coalition December Newsletter
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The New England Advocacy Coalition released its December newsletter on happenings specific to each state in the New England region. To read the newsletter, click here.
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Guidance for Paycheck Protection Program (PPP)
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DOR & IRS Updates
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