NYCPA News and Blogs

The IRS plans to introduce a pilot program for its own free direct-file system in January 2024, The Washington Post…

The IRS is taking measures to protect the identities of employees because some of them have been contacted by taxpayers via…

The Department of Treasury and the IRS have issued a notice of intent to propose guidance for rules that taxpayers must…

CBO ReportAn Update to the Budget Outlook: 2023 to 2033May 12, 2023 CBO’s updated projections show a federal budget deficit…

The Financial Accounting Standards Board (FASB) has issued a proposed Accounting Standards Update (ASU) that would improve…

The IRS Office of Independent Appeals (referred to as Appeals) has invited the public to suggest ways to improve access to…

The shortage of young accounting graduates has caused BDO to make plans to add 5,000 offshore jobs in the next five years,…

The Public Companies Accounting Oversight Board (PCAOB)’s first inspections of Chinese-based audit firms—the result of…

The Federal Reserve is expected to make changes to banking regulations in the coming weeks, and that displeases the head of…