NYCPA News and Blogs

The IRS has issued new guidance offering deposit penalty relief to remittance transfer providers adjusting to a recently…

The IRS has released its annual inflation adjustments for tax year 2026, affecting more than 60 provisions, including rate…

The IRS is giving taxpayers and practitioners more time to weigh in on the draft instructions for Form 6765, which is used…

The FASB has issued a new Accounting Standards Update that responds to concerns from stakeholders about how derivatives…

The Federal Accounting Standards Advisory Board (FASAB) has released new guidance to clarify how federal land should be…

The Treasury Department has outlined new steps in its ongoing effort to modernize IRS systems, announcing a set of…

The IRS has announced that special per diem rates used to substantiate business travel expenses will remain the same for the…

The IRS has announced that paper refund checks for individual taxpayers will begin to be phased out on Sept. 30. The change…

Governments around the world are slowly but steadily moving away from cash-based accounting and toward accrual systems,…