NYCPA News and Blogs

Fall is an amazing time of the year for sports fans. The NFL season is in full swing, the NBA and NHL seasons are beginning,…

Straddles are defined in IRC section 1092(c) as two or more offsetting positions in personal property. A taxpayer holds…

Hedge fund K-1s can be voluminous and difficult when determining how to handle the tax treatment of the income and deductions…

Federal watchdogs are demonstrating their renewed focus on the illegal use of offshore bank accounts, as the Department of…

The letters to the editor below are comments from readers in response to Daniel Mazzola’s article, “Why the Estate Tax…

This article is the second in a series explaining various IRS forms that relate to the reporting of foreign transactions. The…

In a globalized world, where investment and trade continues to flow across borders, investors and companies find it difficult…

Admission charges to a place of amusement—such as baseball games, museums, and beaches—are subject to New York State…

New Year’s Eve is not just a time for fireworks and celebrations—it is also the moment when the IRS determines whether or…