NYCPA News and Blogs

The IRS has, once again, warned employers to review the Employee Retention Credit (ERC) guidelines carefully before trying…

The IRS is working on a study about the feasibility of setting up a new, free e-filing system, but two leaders of the U.S.…

The IRS is warning taxpayers not to fall victim to new tax season scams that promise them a large refund. Such scams urge…

Two pieces of legislation were introduced in the U.S. Senate, one to require public companies to disclose their financial…

More married couples are filing separate tax returns to save money and for other reasons, The Wall Street Journal reported.…

The tax gap—the difference between tax amounts that taxpayers should have paid and what they actually paid voluntarily and…

Taxpayers will now have more time to file tax refund claims for tax returns they filed earlier in the pandemic, according to…

Two decisions by the IRS meant to help taxpayers could end up costing as much as $4 billion at a time when the country…

The IRS has extended the filing and payment deadlines for federal individual and business tax returns for taxpayers in much…