NYCPA News and Blogs

As companies embrace generative artificial intelligence (gen AI), chief financial officers want to be sure that there is a…

The IRS announced that, since instituting a moratorium on processing new Employee Retention Credit (ERC) claims last…

AICPA AICPA Makes Recommendations for Digital Asset Transactions RegulationsMar 11, 2024 AICPA Requests Guidance on IRC…

A 2023 policy revision by the U.S. Department of Justice (DOJ) has resulted in more companies voluntarily disclosing…

U.S. Secretary of the Treasury Janet Yellen appeared before the U.S. Senate Committee on Finance on March 21 to discuss the…

Companies lose an estimated 5 percent of their revenue each year due to fraud, for a worldwide total in the billions,…

Despite widespread opposition from both sides of the issue, the Securities and Exchange Commission (SEC)’s final rules on…

The IRS hasn't fully updated its plans to incorporate the tens of billions of dollars in additional funds provided by the…

Determining whether a taxpayer's side hustle qualifies as a business and not just a hobby is an important distinction when…