NYCPA News and Blogs

The IRS is violating its own guidelines on transporting sensitive tax information between processing centers, potentially…

The IRS has issued proposed regulations concerning monetized installment sale transactions. The proposed regulations,…

Congressional Republicans continue to be locked in an intraparty fight over the fate of the state and local tax (SALT)…

The IRS will achieve paperless processing for all tax returns by filing season 2025, through a new "Paperless Processing…

A case currently before the U.S. Supreme Court could be the most important tax case in decades, as it concerns Congress’s…

A new revenue ruling from the IRS addresses an issue pertaining to crypto staking taxation. According to Coindesk.com,…

The U.S. House of Representatives’ Committee on Ways and Means’ Subcommittee on Oversight recently held a hearing on the…

The IRS audits few large partnerships, and it can use the extra funding provided by the Inflation Reduction Act to…

After clearing its backlog of Employee Retention Credit (ERC) claims, the IRS is now shifting its efforts to implementing…