NYCPA News and Blogs

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,…

  The US Treasury has issued proposed regulations that clarify how the new tip deduction under the One Big Beautiful Bill…

The IRS has released a draft of Schedule 1-A (Form 1040), a single worksheet that gathers four deductions created by H.R. 1,…

The Public Company Accounting Oversight Board (PCAOB) has released a staff publication for auditors of SEC-registered…