NYCPA News and Blogs

The Financial Accounting Standards Board (FASB), issued only six accounting standard updates in 2022, “much to the glee of…

CBO Cost EstimateH.R. 267, 2020 WHIP+ Reauthorization ActDecember 22, 2022As reported by the House Committee on Agriculture…

  In the estate planning and administration world, the last two years have been driven by political instability. It started…

On August 16, 2022, President Biden signed The Inflation Reduction Act of 2022 (Public Law 117-169) into law. The Inflation…

  Introduction On December 11, 2020, the National Defense Authorization Act for Fiscal Year 2021 (“Defense Act”) was…

It turned out that 2022 was a busy year for New York State and City tax purposes.  Highlights included a large and impactful…

Many Americans can expect some additional benefits in the new retirement package that is part of Congress’s budget deal,…

Accountants and auditors are continuing to leave their jobs in droves and efforts to fill the gaps are falling short, the…

The IRS is delaying, for one year, a change in reporting thresholds for third-party settlement organizations. The change to…