NYCPA News and Blogs

The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a proposed rule aimed at…

FRANK A. GALLO, Jericho, NY: was suspended from membership in the NYSSCPA for two years, effective December 18, 2023,…

Younger adults’ wealth increased multifold over those of previous generations since 2019, Federal Reserve Bank of New York…

The IRS has revised and updated its frequently asked questions (FAQs) for Form 1099-K, which reports on payments received…

The $80 billion allocated to the IRS by the Inflation Reduction Act (IRA), if fully appropriated, would yield a significant…

A three-judge panel of the U.S. Court of Appeals for the Fifth Circuit in New Orleans heard a case that challenges the…

Members of Generation Z are most likely to use artificial intelligence (AI) to file their taxes, Fast Company reported.…

Banking industry trade groups have sued federal regulators over an update to the law meant to reverse the effects of…

Legislation that would increase, for the current tax-filing year, the $10,000 cap on the state and local tax (SALT)…