NYCPA News and Blogs

The Federal Trade Commission (FTC) has filed a complaint against tax preparation company H&R Block for deceptive…

Authorities in countries that have signed on to the international agreement on setting global taxes are trying to lessen the…

As the IRS uses some of its Inflation Reduction Act funding to increase its enforcement efforts, it has launched an…

The IRS's free tax preparation system, Direct File, has passed its internal testing and will soon be available to taxpayers…

The private placement life insurance (PPLI) industry is a $40 billion “tax dodge” for the ultra-wealthy, a report by the…

The IR plans to begin dozens of audits of business aircraft involving personal use, the agency announced, as it steps up…

As the IRS investigates bogus claims for the Employee Retention Credit (ERC), its Criminal Investigation unit (IRS CI) will…

As Congress considers a budget bill that would enhance the child tax credit for millions of lower-income families, IRS…

Cutting the budget of the IRS would result in an increase in the federal deficit, Commissioner Daniel Werfel told a…