NYCPA News and Blogs

As the financial markets flourish, there continues to be a strong focus on gift and estate planning opportunities available…

A case concerning New York State statutory residency for the years 2012 and 2013 was recently decided by an Administrative…

Family offices, in their role as wealth-management advisors, are tasked with educating families and presenting them with the…

The Taxpayer First Act (TFA), signed into law on July 1, 2019, established the new IRS Independent Office of Appeals. While…

Like a wheel of fortune, some senior citizens will suffer an illness and no financial risk, whereas others will suffer both…

On May 7, 2019, the IRS and the U.S. Treasury department released Proposed Regulations under IRC section 1446(f) that…

The new tax incentive added by the 2017 Tax Cuts and Jobs Act—designed to promote long-term growth in economically…

Over the past few years, the IRS has been slowly issuing guidance and warnings regarding the reporting and taxation of the…

Carried interest arrangements have been common for years in many types of private investment funds (“Funds”), including…