NYCPA News and Blogs

President Donald Trump has replaced the acting IRS commissioner amid increasing turmoil within the tax agency.  According…

AICPA AICPA Signals Strong Support for Legislation Recognizing Accounting as STEM Apr 15, 2025CBO Report Answers to Questions…

A revolutionary fund structure that will allow asset managers to decrease their clients’ tax payments while…

The Treasury Department and the IRS are set to publish a forthcoming notice of proposed rulemaking (NPRM) that removes basis…

The Trump administration is set to eliminate the IRS’ Direct File program, according to The Associated Press, citing two…

This week U.S. Representatives Young Kim (CA-40) and Haley Stevens (MI-11) reintroduced a bill that will allow accounting to…

States that formed partnerships with the IRS to provide the agency's Direct File program are experiencing minimal demand for…

According to Bloomberg, President Donald Trump has signed legislation to stop the IRS rule that would have compelled some…

According to CFO Dive, the Financial Accounting Standards Board (FASB) last week voted for a proposed update to generally…