NYCPA News and Blogs

Some members of Congress have been trying to make it easier for legal cannabis businesses to cope with their taxes,…

Falling federal revenue compared to 2022, and a stock market that has not been as robust as that year, means that Congress…

Millions of businesses that may have been victims of fraudulent Employee Retention Credit (ERC) schemes are wondering what…

A change in the tax code affecting the deduction of research-and-development (R&D) costs, under a provision of the Tax…

The IRS is making good use of the funding allocated to it by the Inflation Reduction Act, Commissioner Daniel Werfel said in…

The IRS has warned taxpayers to be on the lookout for donor solicitations from fake charities and has accompanied that…

An employer that improperly misclassifies an employee as an independent contractor could be assessed a sizeable tax bill by…

The IRS is offering new business tax accounts, which will allow companies to view and track their taxes. In addition, the…

The IRS has announced new inflation adjustments for 2023. The 2023 tax brackets have upper limits 7 percent higher than the…