NYCPA News and Blogs

The IRS Electronic Tax Administration Advisory Committee (ETAAC), in its 2023 Annual Report to Congress, has made a series…

An Ernst & Young survey of 1,600 tax and financial professionals found that 96 percent of businesses are transforming…

Democratic members of the U.S. House of Representatives, who have been trying to revive a child tax credit (CTC) that…

  IRS tax audits provide numerous positive benefits, a new academic paper found, Fast Company reported. The paper, A Welfare…

The IRS made errors in its calculations and distributions of the Child Tax Credit (CTC), a Treasury Inspector General for…

A backlog in the IRS’s processing of Employee Retention Credit (ERC) claims has some small businesses waiting as long as…

The recent tax season has been one of the easiest in recent memory, Accounting Today reported, but some tax professionals…

The House of Representatives’ Committee on Ways and Means plans to introduce a legislative tax relief package consisting…

The IRS and the Treasury Department issued a notice regarding penalty relief for corporations that have yet to pay their…