NYCPA News and Blogs

Alan Patricof, a vanguard in the venture capital industry, was instrumental in the enactment of IRC section 1202 as part of…

In addition to the plethora of New York State (NYS) taxes imposed on residents and businesses, New York City (NYC or city)…

On Dec. 20, 2019, President Trump signed into law the Further Consolidated Appropriations Act of 2020 (FCTA). Among its many…

During the administration of a decedent’s estate, an executor performs four basic functions: identifies and collects the…

The Taxpayer First Act (TFA), signed into law on July 1, 2019, established the new IRS Independent Office of Appeals. While…

On May 7, 2019, the IRS and the U.S. Treasury department released Proposed Regulations under IRC section 1446(f) that…

Over the past few years, the IRS has been slowly issuing guidance and warnings regarding the reporting and taxation of the…

Carried interest arrangements have been common for years in many types of private investment funds (“Funds”), including…

Cannabis is an industry that is of great interest to CPAs, finance professionals, investors, and the public at large. While…