NYCPA News and Blogs

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…

As divorce attorneys seek to navigate the impact of the Tax Cuts and Jobs Act (“TCJA”) on divorce cases, one thing…

At the federal level, cannabis businesses that “touch the leaf” are taxed on the sum of revenue less cost of goods sold,…

Some companies currently face two concurrent challenges—first, how to accelerate the utilization of otherwise…