NYCPA News and Blogs

In 1945, Michigan’s legislators passed a law requiring all bartenders to be licensed but prohibiting women to secure such…

Every year, more and more U.S. citizens renounce their citizenship, and green card holders give up their visa status. These…

On July 13, the U.S. Tax Court issued its opinion in Grecian Magnesite Mining, Industrial & Shipping Co., SA v.…

One of the many benefits of using partnerships to conduct business is that a partner can include its allocable share of…

As the global economy becomes more aligned, it is common for businesses and individuals today to have income and tax…

Negotiating the sale of a small business begins with striking the commercial bargain between the parties. The alternative tax…

For those who are proactive in planning for their end-of-life care, purchasing long-term care (LTC) insurance is a great…

This article is the second in a two-part series about the tools and techniques to shield and defer taxes on unrealized…

There are two different ways a person can be considered a resident of New York State or New York City for tax purposes. The…