NYCPA News and Blogs

President Obama’s 2016 Budget contains a proposal to end "deferral” of tax on income earned in Controlled Foreign…

Currently, 45 states, as well as the District of Columbia have some degree of statutory regulation of charitable solicitation…

This article is a follow up to “Dealing with Virtual Currency? Taxation, Reporting FBARs, and FATCA Worries,” which…

You or your client decide to jump into the exciting but volatile world of Bitcoin and virtual currencies. What are some of…

On July 2, 2014, the Internal Revenue Service promulgated new regulations to the Internal Revenue Code which permitted the…

So much has been written on the tangible property regulations during their evolution from proposed standards to final…

Since the 1920s, the Better Business Bureau (BBB) has developed charity reports that seek to help both public and business…

On May 9, 2014, the IRS issued final regulations under Treasury Regulations section 1.67-4 that provide guidance on which…

It has been interesting to watch the IRS mold and remodel its original 2009 Offshore Voluntary Disclosure Program (OVDP).…