NYCPA News and Blogs

Challenges for Practitioners Financial and legal advisors representing entertainers and professional…

Every year, to minimize their overall liability, taxpayers should start giving consideration to moves that may either lower…

When a client is nearing the end of his or her life, advisors should be aware of both pre- and post-mortem planning…

The IRS's Taxpayer Advocate Service (TAS) can help you help your clients. If your client is having a tax problem that you…

Fall is an amazing time of the year for sports fans. The NFL season is in full swing, the NBA and NHL seasons are beginning,…

Straddles are defined in IRC section 1092(c) as two or more offsetting positions in personal property. A taxpayer holds…

Hedge fund K-1s can be voluminous and difficult when determining how to handle the tax treatment of the income and deductions…

Federal watchdogs are demonstrating their renewed focus on the illegal use of offshore bank accounts, as the Department of…

This article is the second in a series explaining various IRS forms that relate to the reporting of foreign transactions. The…