NYCPA News and Blogs

The IRS released final regulations on Nov. 4 on the sale of a taxpayer’s property that the agency seizes by levy. The…

The IRS might face deep cuts in its budget given President-elect Donald Trump's win on Nov. 5. Accounting Today reported that…

Donald Trump won the Nov. 5 election, and Republicans gained control of the Senate and likely the House of Representatives.…

The 2024 election's impact on taxation is considerable. According to Accounting Today, Nick Gibbons, a partner at Armanino,…

Thomson Reuters reported that Democrat lawmakers have called for the Department of Justice (DOJ) to look into the data…

Bloomberg Tax reported that the IRS is relying on states to make the Direct File program, its free online tool for filing…

The IRS announced on Nov. 1 that the amount individuals can contribute to their 401(k) plans next year has risen to $23,500…

According to financial consulting firm RSM, on Oct. 24, while speaking at the UCLA Tax Controversy Conference, IRS…

The Treasury Department and the IRS on Oct. 23 granted tax-exempt organizations a filing exception. The agencies said these…