NYCPA News and Blogs

A coalition of financial groups has requested modifications to the Securities and Exchange Commission (SEC')s Staff…

As Congress considers a budget bill that would enhance the child tax credit for millions of lower-income families, IRS…

AICPA AICPA to Congress: “The [BOI] rule should be suspended” Feb 16, 2024 AICPA Recommends Foreign-Owned U.S.…

Cutting the budget of the IRS would result in an increase in the federal deficit, Commissioner Daniel Werfel told a…

The IRS reported “a strong start to filing season 2024, with all systems running well” after releasing its 2024 Filing…

On Feb. 14, the U.S. House of Representatives blocked a bill to increase the state and local tax (SALT) deduction cap, The…

The IRS has sued the Federal Deposit Insurance Corporation (FDIC), seeking to recover an estimated $1.45 billion tax debt…

As the Securities and Exchange Commission (SEC) prepares to issue its final rule on climate disclosures, Chair Gary Gensler…

As has been well-documented by now, the IRS has been coping with fraudulent claims for the Employee Retention Credit (ERC),…