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
Our Latest Controversy Cases
Our Latest News
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Double Books, Double Trouble: Business Owner Discovers IRS Has No Sense of Humor
A California CEO recently tested an age-old question: what happens when you treat your company like a personal ATM and hope nobody notices? The Tax Court just answered, and the taxpayer is not going to like his bill. Our protagonist worked his way up in a family aerospace manufacturing business, eventually becoming CEO. Business boomed.…
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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…