NYCPA News and Blogs

The IRS has revised its guidance on foreign income reporting requirements for people fleeing conflict and other “adverse…

The U.S. government’s actions in response to the failures of Silicon Valley (SVB) and Signature Banks have reassured…

Experts and commentators observing government regulators' actions in response to the collapse of two failed banks are…

Audits are not personal, the IRS emphasizes. They are random—but there are certain inconsistencies in a tax return that…

In the aftermath of the biggest bank failure since the 2008 financial crisis, and the subsequent shuttering of another bank,…

AICPA Some Light Breaks Through Business Executives’ Gloom on U.S. Economy, AICPA & CIMA Survey FindsMarch 8, 2023…

President Joe Biden’s proposed $6.8 trillion budget for fiscal year 2024 contains an end to tax breaks for private equity…

The International Accounting Standards Board (IASB) has advanced by a year the effective date of amendments to its standard…

The U.S. Senate has confirmed Daniel Werfel as the next IRS commissioner, The Washington Post and several other news outlets…