NYCPA News and Blogs

Coming into its first year, the Trump administration set two major goals—one, to repeal or replace the Affordable Care Act…

While it still remains to be seen which specific legislative policies the Trump administration will enact, a repeal of the…

Tax reform has been on every tax professional’s mind—even more so as we approach year-end. Without any certainty of where…

In the United States, there is a divorce every 36 seconds—or about 876,000 per year. The average marriage lasts…

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…