NYCPA News and Blogs

Tax accounting methods, and the ability to change those methods, are key issues for taxpayers.  Proper tax accounting…

The Tax Cuts and Jobs Act (TCJA), enacted in late 2017, transformed the landscape of the Internal Revenue Code by giving…

With the 2019 tax filing season well underway, most CPAs and tax professionals probably have a good awareness of the new tax…

On May 31, 2018, Connecticut enacted Public Act 18-49, establishing the Pass-Through Entity Tax. As has been written about in…

On March 13, 2018, the IRS announced that it would end its long-running Offshore Voluntary Disclosure Program (“OVDP”) on…

Ever since the Tax Cuts and Jobs Act (TCJA) of 2017 created “Opportunity Zones,” there has been a lot of excitement about…

Whether you’re buying or selling a business, you need to negotiate more than just price. How the deal is structured can…

On July 2, 2018, the New Jersey Legislature passed—and Governor Phil Murphy signed—his first budget. This budget was…

Every New York business should be concerned about a potential sales tax audit. The result could be expensive and time…