The Facts CPA
Empowering Individuals and Businesses with Comprehensive Tax Solutions in New York
As a leading tax CPA firm in New York, we offer a comprehensive suite of services to meet the diverse needs of individuals and business owners. Our team is dedicated to providing personalized, strategic, and proactive tax guidance from preparation, to representation, to resolution, to staying compliant and planning to help our clients maximize their financial success.
Our Services
Tax Preparation & Planning
Forensic Accounting
Tax Representation
Litigation Support
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Our Latest News
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IRS Bumps Up Mileage Rates for the Second Half of 2026
Big news everyone. The IRS has blessed us with a mileage rate increase. Hold your applause. Starting July 1, 2026, the business mileage rate went up from 72.5 cents to 76 cents per mile. That’s 3.5 cents more per mile. At that rate, if you drive 1,000 miles for business in the second half of…
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Hiding Bank Accounts from the IRS? That’s Not a Strategy. That’s a Crime
Here’s a reminder that trying to outsmart the IRS rarely ends well. A taxpayer owed back taxes and was working through the collection process. As part of that process, the IRS requires you to fill out Forms 433-A and 433-B, which are basically financial disclosure forms. They want to know what you own, what you…