NYCPA News and Blogs

The IRS will achieve paperless processing for all tax returns by filing season 2025, through a new "Paperless Processing…

A case currently before the U.S. Supreme Court could be the most important tax case in decades, as it concerns Congress’s…

A new revenue ruling from the IRS addresses an issue pertaining to crypto staking taxation. According to Coindesk.com,…

Mastercard is ending the use of its debit cards to purchase cannabis, The New York Times reported. The company said that…

Sixty percent of financial technology users seek advice from fintech solutions before consulting their accountant or…

The U.S. House of Representatives’ Committee on Ways and Means’ Subcommittee on Oversight recently held a hearing on the…

AICPA AICPA & CIMA launch new climate resilience accounting resourceJuly 23, 2023 CIMA partners with ICAZ to elevate the…

The IRS audits few large partnerships, and it can use the extra funding provided by the Inflation Reduction Act to…

After clearing its backlog of Employee Retention Credit (ERC) claims, the IRS is now shifting its efforts to implementing…