Taxes January 21, 2026
Facing a potential $12 billion budget gap, New York City Mayor Zohran Mamdani indicated Jan. 21 he may push Gov. Kathy Hochul in budget negotiations to include tax hikes on millionaires and corporations.
September 28, 2022
In late August, the IRS announced it would offer automatic penalty relief to certain taxpayers for taxable years 2019 and 2020.
![NJCPA[1]](https://www.cpapracticeadvisor.com/wp-content/uploads/2022/07/35734/NJCPA_1_.5dd68391bdb25.png)
September 27, 2022
The New Jersey Society of Certified Public Accountants (NJCPA) has launched its thirteenth annual food drive to benefit the Community FoodBank of New Jersey.
September 27, 2022
The new enhancement to Bloomberg Tax Provision makes it easy for users to keep track of the latest tax rate changes and update ...
September 21, 2022
When a taxpayer's loan is forgiven based upon misrepresentations or omissions, the taxpayer is not eligible to exclude the forgiveness from income and must include in ...
September 21, 2022
The Internal Revenue Service has announced that Hurricane Fiona victims in all 78 Puerto Rican municipalities now have until February 15, 2023, to file various federal individual and business tax returns and make tax payments.
Accounting September 21, 2022
The AG’s lawsuit to be filed in State Supreme Court in Manhattan accuses the Trump Organization and top company executives of purposely misrepresenting the value of assets emblazoned with the...
September 21, 2022
The Tax Blotter is a round-up of recent taxation news.
September 18, 2022
Inflation adjusted amounts in the tax code will increase by roughly 7.1% from 2022, more than double last year’s increase of 3%, according to the 2023 Projected U.S. Tax Rates forecast.
September 15, 2022
Everyone knows the saying “hope for the best, prepare for the worst.” As tax professionals, we actually have to take this mindset a step further.
September 14, 2022
The new law retains the maximum credit of $7,500 for 2023 through 2032. However, the IRA changes other rules of the road, as follows:
September 14, 2022
The NTA outlines the most time-sensitive priorities for the IRS in part one of her NTA Blog which focuses on eliminating the backlog of processing paper ...
Accounting December 14, 2022
Earn from 1 to 14 hours of free CPE during this online 2-day event. Pick only the sessions you want to attend, and finish up your CPE requirements before the end of the year.