NYCPA News and Blogs

AICPA Press Releas Main Street America Urgently Needs PPP Loan Forgiveness Calculation Guidance, Says AICPA Lack of guidance…

Published in the April issue of TaxStringer, part 1 of this series provided a beginning overview of the basics of tax…

The IRC imposes various penalties on taxpayers who fail to comply with the obligations it sets forth for them. However,…

Congress first enacted IRC section 1202 in 1993 to encourage investment in specific types of small businesses by providing an…

On Apr. 9, 2020, as a further response to COVID-19, the U.S. Treasury Department and the IRS issued Notice 2020-23, which…

The Treasury Department accidentally sent $1,200 stimulus payments to dead people and now it's aiming to get the money back,…

This week's unemployment figures over 30 million Wall Street Journal New York Times Washington Post according to CNN as Vice…

A study out of Yale Fast Company

Battered by the global pandemic, U.S. gross domestic product (GDP) fell by 4.8 percent in the first quarter of this year, the…