NYCPA News and Blogs

Determining whether a taxpayer's side hustle qualifies as a business and not just a hobby is an important distinction when…

While the Tax Cuts and Jobs Act (TCJA) of 2017 contained many new provisions affecting individuals and business entities,…

A federal appeals court has temporarily stayed the Securities and Exchange Commission (SEC)’s new climate-disclosure rules…

The IRS’s free Direct File pilot program, which is now open round the clock to eligible taxpayers in 12 states, has…

The U.S. Securities and Exchange Commission (SEC) has estimated that its new climate-disclosure rules will lead to increased…

CBO Cost EstimateS. 1274, Railroad Employee Equity and Fairness ActMarch 15, 2024 As reported by the Senate Committee on the…

A recent report indicates that a majority of professional service providers across a range of segments plan to spend more…

There are six common mistakes that retirees make when preparing their taxes as they seek to minimize their lifetime tax…

A total of 134 countries representing 98 percent of the global economy are now exploring digital versions of their…