NYCPA News and Blogs

CPA Practice Advisor reports that the AICPA)has submitted a letter to the IRS recommending updates to the instructions for…

A revolutionary fund structure that will allow asset managers to decrease their clients’ tax payments while…

The Treasury Department and the IRS are set to publish a forthcoming notice of proposed rulemaking (NPRM) that removes basis…

Amid the sweeping layoffs, resignations and stalled modernization layoffs, the IRS marked the 70th anniversary of the modern…

After a complete overhaul in the federal reporting rules regarding beneficial ownership information (BOI), Journal of…

 On April 10, the U.S. House of Representatives passed a budget plan that paves the way for extending President Donald…

The AICPA  has sent a comment letter responding to the Treasury Department's and the IRS' efforts to address the need to…

  The employee retention credit (ERC), implemented during the COVID era, will officially end April 15. However, according…

The IRS is escalating its reduction-in-force (RIF) efforts by offering three voluntary separation programs as it braces for…