NYCPA News and Blogs

These days, many of our clients are holding debt obligations they can’t collect. The IRC may provide some relief, in the…

With potential reductions in the gift, estate, and generation-skipping transfer tax exemptions looming, many practitioners…

Amid an almost unprecedented (in the modern era) pandemic, debt restructuring and workout transactions are accelerating.…

In an effort to extend additional relief to opportunity zones in light of the COVID-19 pandemic, the IRS issued Notice…

In the current economic climate, many of our clients have or will reach agreements with creditors to reduce agreed 1 debt.…

In 2016, the authors’ article, “Deconstructing Hedge Fund Schedule K-1s for Individuals,” was published in the…

In April 2020, the IRS quietly updated Form 14457. Previously called the “Offshore Voluntary Disclosure Letter,” the…

With the recent passage of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, Congress enacted many tax…

We live in unprecedented times. Many of the tenets we thought we knew at the beginning of March 2020 have now been shattered…