NYCPA News and Blogs

Hedge fund K-1s can be voluminous and difficult when determining how to handle the tax treatment of the income and deductions…

Federal watchdogs are demonstrating their renewed focus on the illegal use of offshore bank accounts, as the Department of…

New Year’s Eve is not just a time for fireworks and celebrations—it is also the moment when the IRS determines whether or…

Who has to file Form 1040NR?  instructions Information Reporting About Employer Offer of Coverage If someone in a specified…

On Aug. 2, 2016, the U.S. Department of the Treasury and the IRS issued proposed regulations under IRC Section 2704 (the…

In the classic children’s movie The Princess Bride, Billy Crystal plays a miracle-performing medicine man. When the hero of…

In the post-General Utilities world, shareholders have looked to dispose of their interest in C Corporations with appreciated…

The fundamental question investors address when capitalizing a business is how it should be funded—with debt, equity, or a…

In a world dominated by data, the IRS’s role in data collection continues to expand. No longer is the agency’s sole focus…