NYCPA News and Blogs

The IRS has extended the deadlines for the filing of various federal individual and business tax returns, and for the…

CBO Cost EstimateEstimated Budgetary Effects of Divisions A and B of H.R. 1, the Lower Energy Costs ActMarch 23, 2023 As…

Accounting professionals are encouraged by the IRS's preliminary guidance regarding the tax treatment of nonfungible tokens…

The Financial Accounting Standards Board (FASB) has proposed a standards update on the accounting for, and disclosing…

The IRS has updated its frequently asked questions (FAQs) about Form 1099-K, the information return used for reporting…

Squeezed by inflationary pressure on their earnings, companies are moving away from “last-in, first-out” (LIFO)…

After the recent failures of Silicon Valley, Signature and Silvergate Banks, some analysts have called the Federal Reserve…

The Treasury Department and the IRS have issued preliminary guidance regarding the tax treatment of nonfungible tokens…

The collapse of Silicon Valley Bank has prompted members of the banking and investment communities to reconsider accounting…