NYCPA News and Blogs

For tax-exempt organizations, form 990 is more than a tax filing—it’s a vital tool for transparency and governance. At…

  KPMG has launched KPMG Law US, the first law firm owned by a Big Four accounting firm in the U.S. The new firm will…

 The Treasury Department announced on March 2 that, with respect to the Corporate Transparency Act (CTA), "not only will…

AICPA AICPA Offers Strong Support for Disaster Tax Relief Bills in House Feb 26, 2025 AICPA Submits Request for Updates,…

The Inflation Reduction Act, enacted in 2022, provides a groundbreaking framework for advancing clean energy initiatives…

Many Americans faced overreaching tax changes with the Tax Cuts and Jobs Act of 2017. Taxpayers’ attention went to items…

On Feb. 27, the Financial Crimes Enforcement Network (FinCEN) announced in a release that it will not issue any fines or…

At KPMG’s Meet the IRS conference on Jan. 22, Mary Beth Murphy, director of IRS Collections, provided an in-depth look at…

According to a press release, the International Accounting Standards Board (IASB) has issued a significant update to the…