NYCPA News and Blogs

On March 5, the Financial Accounting Standards Board (FASB) voted to advance an exposure draft—issued last Oct. 30—that…

 The Treasury Department announced on March 2 that, with respect to the Corporate Transparency Act (CTA), "not only will…

AICPA AICPA Offers Strong Support for Disaster Tax Relief Bills in House Feb 26, 2025 AICPA Submits Request for Updates,…

On Feb. 27, the Financial Crimes Enforcement Network (FinCEN) announced in a release that it will not issue any fines or…

At KPMG’s Meet the IRS conference on Jan. 22, Mary Beth Murphy, director of IRS Collections, provided an in-depth look at…

Secretary of the Treasury Scott Bessent announced on Feb. 25 that IRS Chief Operating Officer Melanie Krause will become…

AICPA AICPA Asks for Updated Language in Draft Publication 547 to Help Taxpayers Eligible for Disaster Tax Relief Feb 24,…

Given the Feb. 18 ruling of the U.S. District Court for the Eastern District of Texas in Smith v. U.S. Department of…

Despite previous assurances that buyouts and layoffs would not take effect until after tax season, the IRS is reportedly…