NYCPA News and Blogs

As of March 31, the IRS had spent $5.7 billion, or 10 percent, of the $57.8 billion it will receive from the Inflation…

Citing “record-breaking profits and record-breaking corporate profits and unprecedented corporate greed,” Sen. Bernie…

The IRS has released a draft version of a revised Form 6765, Credit for Increasing Research Activities, days after the…

Seized and forfeited digital assets do not, in most cases, count as real money for the purposes of federal government…

AICPA AICPA & CIMA set out path for the next government to solve the productivity and skills emergencyJune 24, 2024 CBO…

The IRS will start to process lower-risk Employee Retention Credit (ERC) claims to help eligible taxpayers, while denying…

The U.S. Supreme Court upheld a one-time tax on offshore earnings that helped fund the tax cuts enacted under the 2017 Tax…

Ernst & Young LLP (EY US) announced that it plans to invest $1 billion over the next three years to improve the…

Donald Trump's new proposal to exempt tips from taxation would blow up the federal deficit even further, a nonpartisan…