NYCPA News and Blogs

New College Tuition Deductions and Credits On June 29, 2021, New Jersey Governor Phil Murphy signed P.L. 2021 Ch. 128, the…

Over the past 18 months or so, we’ve been writing and speaking about the ways in which the COVID-19 pandemic has…

International activities conducted by tax-exempt organizations have been a high-focus area for decades. Today, this subject…

Clients regularly call and advise me that they have decided to take steps to protect their home and/or vacation home for…

Since enactment of the Taxpayer First Act (TFA)[1] in July 2019, the IRS has issued subregulatory guidance to implement the…

Background A bond investor generally recognizes two characters of income during the bond’s term: interest income from the…

In a June 17, 2021 decision, the Affordable Care Act (ACA, “Obamacare”) survived its third and presumably final…

Introduction Many taxpayers will need toconsider the recent small business taxpayer regulations. OnJanuary 5, 2021, the IRS…

We would like to think that states give their residents a full tax credit for taxes paid to other state jurisdictions so that…