NYCPA News and Blogs

The Treasury Department and the IRS issued guidance for insurance companies and certain other taxpayers about the new…

Taxpayers who received certain notices from the  IRS requiring additional information now have the option of submitting…

In his confirmation hearing before the Senate Finance Committee, Daniel Werfel, President Joe Biden’s nominee to be the…

Busy tax season could also mean a bad eating season for many, but better options are available. Almost all (96 percent) of…

The IRS would benefit from having a more coordinated approach to its tax examination function, a report by the Treasury…

The IRS has issued guidance announcing that special payments related to general welfare and disaster relief made by several…

Taxpayers who file an individual amended tax return will now have the ability to receive their refunds via direct deposit,…

The IRS recently suspended key elements of its information technology (IT) modernization plans, the Government…

The IRS has issued a proposed revenue procedure for a voluntary tip-reporting program for employers in the service industry.…