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NYSSCPA Announces the 2020 Excellence in Financial Journalism Award Winners
Press Releases
NEW YORK – (July 1, 2020) - For more than 30 years, the New York State Society of CPAs (NYSSCPA) has recognized the best…
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Prosecutors Press Fraud Charges, Alleging Businessmen Tricked Banks Into Processing Cannabis Transactions
NextGen
Federal prosecutors have charged two businessmen, plus several unnamed co-conspirators, with laundering cannabis business…
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New IRS Data Shows 771,095 Return Audits, $17.3 Billion Additional Tax Assessed
Trusted Professional
The IRS released its latest data book outlining statistics relating to the previous tax year in a new format which, among…
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Can New York State Audit Federal Tax Issues?
State Taxation
In a typical case, the IRS will audit federal tax issues, and when audit changes are made, it will notify New York State.…
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Helpful Instructions for Filing Domestic and Foreign Voluntary Disclosures
Federal Taxation
In April 2020, the IRS quietly updated Form 14457. Previously called the “Offshore Voluntary Disclosure Letter,” the…
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A Simple Fix to the “Retail Glitch”
Federal Taxation
With the recent passage of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, Congress enacted many tax…
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Senate Passes Bill to Extend PPP to Aug. 8
Trusted Professional
formally expire CPA Practice Advisor relax some of the forgiveness terms Washington Post
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Study Finds NYS Has a Lower Racial Pay Gap Than Most States
NextGen
A recent study,
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Latest Employment-Population Ratio Stats Show 47.2 Percent Have No Job
Trusted Professional
The latest U.S. employment-population ratio Employment-population ratio If we include only week months millions in remarks to…
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