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Emma Slack-Jorgensen
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Coming to America? Plan before you Plane: “Tried & True” Tax Tips to Consider Before the Move
Federal Taxation
It may be no surprise that the United States has more immigrants than any other country in the world. Just prior to the…
Read More
NYS Residency — Did You Actually Change Your Domicile?
State Taxation
As a trend I have been noticing more recently, clients want to change their residency from New York State to Florida because…
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IRS to Require New Electronic Fingerprinting Process for Practitioners’ E-file Applications
Taxation
The IRS has notified tax practitioners that, as of Sept. 25, it will require a new electronic fingerprinting process for…
Read More
As Fed Raises Interest Rates to Fight Inflation, Mortgage Costs Slow Housing Market
The Trusted Professional
In response to the Federal Reserve’s recent efforts to cool inflation by raising interest rates, the higher cost of…
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NY Federal Reserve President Says Recession Unlikely
The Trusted Professional
New York Federal Reserve President John Williams said yesterday that a U.S. recession is not likely, CNBC reported. In an…
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Issuing Her Midyear Report, Taxpayer Advocate Says Backlog 'Is Still Crushing the IRS'
Taxation
Issuing her midyear report to Congress, National Taxpayer Advocate Erin M. Collins expressed dismay over the IRS’s…
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Regulatory Roundup - June 22-27
The Trusted Professional
CBO Report Estimates of the Cost of Federal Credit Programs in 2023 June 24, 2022 CBO estimates the costs of federal…
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Major Banks Work in Tandem with Treasury to Prevent Cyberattacks
The Trusted Professional
Major U.S. banks have been cooperating with the Department of Treasury in its efforts to prevent cyberattacks by engaging in…
Read More
Report: Bitcoin Yields $30B in Capital Gains Annually, But Collecting Taxes Proves Challenging
Taxation
A recently issued report has found that U.S. holders of Bitcoin realize capital gains from the cryptocurrency amounting to…
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