NYCPA News and Blogs

The U.S. House of Representatives voted overwhelmingly in favor of tax legislation that would enhance the child tax credit…

In her 2023 Annual Report to Congress., National Taxpayer Advocate Erin Collins said that the IRS has made great strides in…

The IRS has lifted a moratorium on processing applications to become an acceptance agent, for the purpose of helping…

Fewer Americans quit their jobs last year, a potentially ominous sign for the economy, The Wall Street Journal reported. On…

As gambling becomes more popular, accounting and tax professionals need to be prepared to work with clients who must report…

The 2024 tax filing season opened Jan. 29, and the IRS announced that it will be extending hours of service in nearly 250…

As the IRS reminded businesses to review their eligibility for the Employee Retention Credit (ERC), its law enforcement arm,…

AICPA AICPA Responds to IRS Guidance on SECURE 2.0 Act, Catch-Up Contributions Jan 18, 2024 CBO Cost EstimateS. 1573, PREEMIE…

The IRS is not providing effective management and oversight of cloud services contracts, according to a report by the…