NYCPA News and Blogs

Search

Categories

Authors

IRS Sends Letters Reminding Taxpayers That, Yes, Cryptocurrencies Are Taxable

The Trusted Professional

The IRS has begun sending letter IRS Notice 2014-21 (PDF) states that virtual currency is property for federal tax purposes…

7/29/2019

Read More
Study Finds U.S. Public Pensions Have Only 73% of Assets Required to Support Members

The Trusted Professional

Wall Street Journal near-zero interest rates 5.112 percent Journal

7/26/2019

Read More
IRS Gives Certain Partnerships Extra Time to File Superseding Form 1065, K-1

The Trusted Professional

A recently released IRS revenue procedure centralized partnership audit regime Even if the audit was successfully completed…

7/26/2019

Read More
OFAC Sanctions Compliance Fines Reach Decade-Long High

The Trusted Professional

Wall Street Journal

7/25/2019

Read More
Study Finds TCJA Increased Capital Investment Abroad More Than in U.S.

The Trusted Professional

CFO.com The GILTI tax is essentially a tax on foreign-sourced intangible income. It applies to income that exceeds 10…

7/25/2019

Read More
Polygamist Leader Pleads Guilty to $520 Million Tax Fraud

The Trusted Professional

Accounting Today

7/24/2019

Read More
Bernie Madoff Requesting President to Reduce Sentence

The Trusted Professional

Notorious fraudster Bernie Madoff, who is currently serving out as 150-year prison sentence for a multibillion-dollar Ponzi…

7/24/2019

Read More
Era of Low Interest Rates Have Created a 'New Abnormal'

The Trusted Professional

Bloomberg modern monetary theory

7/24/2019

Read More
IRS Will Not Challenge Foreign Credits for Certain French Taxes

The Trusted Professional

The IRS clarified that it will not challenge foreign tax credits relating to two kinds of French taxes—the Contribution…

7/23/2019

Read More