NYCPA News and Blogs

Since the inception of cryptocurrency in 2009, the very concept of currency has been challenged and debated. This article…

The IRS audit process is rife with procedural rules to ensure taxpayers are notified before action is taken against them and…

According to the IRS 26 C.F.R. § 1.6109-2(d), “Beginning after December 31, 2010, all tax return preparers must have a…

Tax accounting methods, and the ability to change those methods, are key issues for taxpayers.  Proper tax accounting…

On March 13, 2018, the IRS announced that it would end its long-running Offshore Voluntary Disclosure Program (“OVDP”) on…

Whether you’re buying or selling a business, you need to negotiate more than just price. How the deal is structured can…

For tax years 2005 and 2006, the IRS proposed a transfer pricing adjustment resulting in a tax deficiency of over $1.35…

Altera Corporation & Subsidiaries (Altera Corp.) is battling the IRS in court over the validity of a federal income tax…

I. Introduction In recent years, awareness and use of Bitcoin and cryptocurrency has risen dramatically. Cryptocurrency…