NYCPA News and Blogs

Auditors must remain vigilant as they perform their work, the Public Company Accounting Oversight Board (PCAOB) has told…

The IRS purchased approximately $1.2 million in information technology (IT) products initiated by business units outside of…

The IRS has slightly revised its 2014 guidance on the treatment of virtual currency in recognition of the fact that certain…

The U.S. Supreme Court recently heard arguments in the case of Polselli v. IRS, and the ruling will determine the limits of…

House Republicans have introduced legislation to claw back much of the $80 billion in Inflation Reduction Act funding for…

Software provider Canopy has integrated ChatGPT into its accounting practice management software, which allows it to write…

AICPA AICPA Endorses Bipartisan Bill to Expand Use of 529 Savings PlanApril 19, 2023 CBO Cost EstimateH.R. 1338, SAT…

In a letter to IRS Commissioner Daniel Werfel and Principal Deputy Chief Counsel William Paul, the AICPA has asked…

A bipartisan piece of legislation, introduced in the House of Representatives on Wednesday, would enable more performing…