NYCPA News and Blogs

In 2018, the Tax Cuts and Jobs Act (TCJA) was enacted. As part of the revised provisions, the IRS limited the deductibility…

Asset protection is a body of law that has developed as an amalgamation of business structures, trusts, titling and creditor…

In General Credits and Incentives can be very beneficial to companies in all industries, yet credits continue to go…

This article will provide an overview of qualified retirement plan options, their differences, contribution and deduction…

I can remember worrying about getting audited by the Internal Revenue Service (IRS) on the first gift tax appraisal I…

A family limited partnership (FLP), when constructed properly, is an excellent tool to protect and consolidate assets for…

As of October 1, 2021, the New Jersey Division of Taxation ended its taxpayer-friendly policies for businesses impacted by…

The impact of the SECURE Act of 2019 has created a game change for high-net-worth clients. The Setting Every Community Up for…

Gift tax returns appear to be seductively simple. Failure to file a gift tax return timely and disclose transactions “in…