NYCPA News and Blogs

The IRS has issued new guidance intended to simplify gift tax reporting for individuals who contribute to Trump accounts, a…

Reuters reports that lawmakers on the Senate Finance Subcommittee on Social Security, Pensions, and Family Policy debated…

Sen. Bernie Sanders has introduced legislation that would impose a one-time tax on certain AI companies, requiring them…

As Congress continues to discuss how to regulate digital assets, efforts to update cryptocurrency tax policy are moving…

A recent report from the Treasury Inspector General for Tax Administration (TIGTA) found that the IRS received about $3.2…

According to Reuters, nonprofits may soon face more reporting requirements as the IRS updates Form 990. There will likely be…

According to Reuters, the Public Company Accounting Oversight Board (PCAOB) plans to ask for public feedback on its…

The SEC has suggested a rule that would let public companies choose to report every six months instead of every quarter. This…

Governor Kathy Hochul and Mayor Zohran Mamdani have agreed on a new tax plan, according to Accounting Today. They want…