NYCPA News and Blogs

Entertainers and athletes that come into the United States to perform are subject to U.S. taxation at the federal level, and…

Tax professionals encounter a myriad of reasons why taxpayers fail to keep up with their tax debts—for example, a sudden…

The IRS publishes Audit Technique Guides (ATG) to assist its examiners in performing appropriately focused audits of federal…

“Developments in the virtual currency world occur so rapidly, I was concerned that anything I wrote would be overtaken by…

Many taxpayers have foreign assets that they have not reported on prior years’ tax returns, and they have several options…

Recently, many tax return preparers have learned that a number of their clients failed to report their interest in a foreign…

President Obama’s 2016 Budget contains a proposal to end "deferral” of tax on income earned in Controlled Foreign…

Currently, 45 states, as well as the District of Columbia have some degree of statutory regulation of charitable solicitation…

This article is a follow up to “Dealing with Virtual Currency? Taxation, Reporting FBARs, and FATCA Worries,” which…