NYCPA News and Blogs

A fast-track application system introduced in 2014 has led the IRS to approve a large number of fake charities as…

CBO  Report  An Analysis of the Discretionary Spending Proposals in the President’s 2023 Budget  July 1, 2022 CBO…

In an effort to retain workers during this time of high inflation, many large employers, including accounting firms, are…

The IRS has notified tax practitioners that, as of Sept. 25,  it will require a new electronic fingerprinting process for…

In response to the Federal Reserve’s recent efforts to cool inflation by raising interest rates, the higher cost of…

New York Federal Reserve President John Williams said yesterday that a U.S. recession is not likely, CNBC reported. In an…

Issuing her midyear report to Congress,  National Taxpayer Advocate Erin M. Collins  expressed dismay over the IRS’s…

CBO  Report  Estimates of the Cost of Federal Credit Programs in 2023  June 24, 2022 CBO estimates the costs of federal…

Major U.S. banks have been cooperating with the Department of Treasury in its efforts to prevent cyberattacks by engaging in…