NYCPA News and Blogs

The qualified business income (QBI) deduction under IRC section 199A has been one of the most discussed topics in federal…

Excess benefit transactions(EBT) are an outgrowth of IRC section 4958, which was first introduced in 1996 and modified in…

In October 2019, President Donald Trump became the most recent high-profile individual to announce his departure from New…

On Nov. 26, 2019, the U.S. Department of Treasury and the IRS published final regulations addressing the effect of recent…

During the administration of a decedent’s estate, an executor performs four basic functions: identifies and collects the…

As the financial markets flourish, there continues to be a strong focus on gift and estate planning opportunities available…

A case concerning New York State statutory residency for the years 2012 and 2013 was recently decided by an Administrative…

Family offices, in their role as wealth-management advisors, are tasked with educating families and presenting them with the…

The Taxpayer First Act (TFA), signed into law on July 1, 2019, established the new IRS Independent Office of Appeals. While…