NYCPA News and Blogs

Introduction The 990-PF (PF) is an old document that has not had a recent overhaul. A minor change was made to the form to…

The Heart Act added a new federal  Inheritance Tax on certain lifetime and testamentary dispositions to U.S. recipients,…

With expanded exposure to international issues and needs, U.S. charitable organizations continue to look for ways to expand…

Cryptocurrencies, such as Bitcoin (BTC) and Ether (ETH), and non-fungible tokens (collectively “Crypto”), in 2022 were…

The new year brings numerous changes in tax and financial reporting for tax-exempt entities, as well as looming deadlines to…

Introduction On January 25, 2022, the Department of the Treasury and the Internal Revenue Service (collectively, “the…

As the calendar turns to 2023, taxpayers and their advisors face an uncertain future. Given a divided government for at least…

The genesis of Code Section 754 stretches back to the first third of the 20th century, as the IRS tried to combat tax…

For many years, sustainability was little more than a footnote in corporate strategies – written on paper, but disconnected…