NYCPA News and Blogs

Repeated IRS warnings about fraudulent Employee Retention Credit (ERC) schemes have not deterred unscrupulous promoters from…

The Biden Administration’s income-driven student loan repayment plan, Saving on A Valuable Education (SAVE), has already…

Chief financial officers are watching to see if a resumption of federal student loan repayments that start on Oct. 1 will…

The IRS has issued new guidance on the federal income tax consequences of certain state payments, adding to its previous…

The U.S. Department of Health and Human Services (HHS) has recommended reclassifying cannabis as a lower-risk drug, which…

AICPA As Recession Fears Fade, Business Executives’ Outlook on the U.S. Economy Brightens a Bit, AICPA & CIMA Survey…

For decades, most people have known 529 Plans as a tool for putting money aside tax free for their children’s college…

After years of debate, discussion and indecision over income gaps, some states have proposed laws to tax the uber-rich even…

Schlapfer v. Commissioner, T.C. Memo. 2023-65 (U.S. Tax Court May 22, 2023), is the first reported caseto contain a detailed…