NYCPA News and Blogs

Complex annual U.S. federal information reporting requirements apply to U.S. citizens and resident aliens who own foreign…

Introduction Form 7203 places renewed emphasis on the proper calculation and reporting of S corporation open account debt.…

  This is a two-part piece. The second piece will be featured in the March TaxStringer.   During the early days of the…

The U.S. imposes an Expatriation Tax on U.S. citizens who abandon citizenship and on or long-term U.S. residents…

In response to the COVID-19 pandemic, both federal and state legislatures passed a series of legislation to inject funding…

People come to the United States seeking the American Dream. To go from rags to riches. To own your own business and excel in…

  In the estate planning and administration world, the last two years have been driven by political instability. It started…

On August 16, 2022, President Biden signed The Inflation Reduction Act of 2022 (Public Law 117-169) into law. The Inflation…

  Introduction On December 11, 2020, the National Defense Authorization Act for Fiscal Year 2021 (“Defense Act”) was…