NYCPA News and Blogs

Earlier this year Customs and Border Protection officers in Nogales, Arizona seized 254 pounds of fentanyl that was hidden in…

By Pauline Yeung-Ha Technological advances have increased life expectancy significantly. As the population ages, caring for…

According to the IRS 26 C.F.R. § 1.6109-2(d), “Beginning after December 31, 2010, all tax return preparers must have a…

Introduction The Tax Cuts and Job Acts (TCJA) was ratified at the end of 2017 and placed into effect beginning with the 2018…

Certain Deductions Can Be Itemized for State Purposes, Even If Not Itemized for Federal Purposes On December 28, 2018, the…

This is an analysis of a case involving petitioner Thomas McManus, which was decided by Winifred M. Maloney, Administrative…

Tax accounting methods, and the ability to change those methods, are key issues for taxpayers.  Proper tax accounting…

The Tax Cuts and Jobs Act (TCJA), enacted in late 2017, transformed the landscape of the Internal Revenue Code by giving…

With the 2019 tax filing season well underway, most CPAs and tax professionals probably have a good awareness of the new tax…