NYCPA News and Blogs

Know the Rules of Tax Extensions or IRS May Rule Against You Mainstreet.com With the tax deadline day of April 15 approaching…

Airbnb Income May Be Tax-Free–But There’s a Catch Wall Street Journal It is one of the tax code's best freebies: a…

Benefits of Establishing Long-Term Relationship with CPA Ny1.com A CPA is more than just a person who does your taxes. In…

For those sweating the upcoming implementation of the new revenue recognition standard, you may get a slight reprieve: the…

The IRS has been focusing more on the lower and middle class for tax audits since 2010, and leaving wealthier folks alone,…

Recently, many tax return preparers have learned that a number of their clients failed to report their interest in a foreign…

Requirements of a Valid Section 754 Election Generally, a partnership seeking to adjust the basis of partnership property…

Maybe size does matter: a new academic study has found that the size of one’s signature is positively correlated with…

For the overwhelming majority of US taxpayers, the American Taxpayer Relief Act of 2012 (“ATRA”) eliminated the need for…