NYCPA News and Blogs

Taxable income must be computed under the method of accounting regularly used by the taxpayer in keeping its books. An…

The central bank of Russia On Monday, the Biden administration announced new sanctions against the central bank of Russia,…

AICPA  AICPA Now Accepting Applicants to George Willie Scholarship Program  February 22, 2022  CBO  Cost Estimate  H.R.…

Because of a host of expiring tax provisions, preparers and their clients are reporting that this tax season is a source of…

In early trading Thursday, markets fell and the prices of oil, gold and government bonds rose, in response to Russia’s…

The IRS announced that it will increase interest rates for the second quarter of 2022, beginning April 1. The rates will be…

Sen. Rick Scott (R-Fla.) released a plan that would require all Americans to pay some federal income tax, even if it is a…

Three members of Congress have introduced a bill that would put a halt to a subsidy benefiting professional sports…

CBO Cost Estimate  S. 2852, Long-Term Care Veterans Choice Act  February 18, 2022 As ordered reported by the Senate…