What You Need To Know


 

Upcoming Events and Opportunities

What's New at the Society?


 
Unlimited CPE for NYSSCPA Members

Introducing a New Member Benefit!
 
NYSSCPA members now have free unlimited access to over 150 CPE courses in our Self Study Course Catalog.
 
"I enjoy the online CPE because it allows for me to stay up-to-date with pertinent accounting issues while studying on my own time. I can pause the sessions and resume at my convenience. I feel the CPE is highly relevant as a majority of the sessions have lecturers who are experts in their field. The online interface that NYSSCPA utilizes is user friendly and allows me to easily sort by topic."
– Greg Kozerski, Jr., NYSSCPA Member

 
 
The New NYSSCPA Career Center

Whether you're an employer looking for your next great hire, or a job seeker looking for your next great opportunity, the NYSSCPA Career Center is here to assist you.

Employers: Post Job Descriptions Here
Job Seekers: View Open Positions Here

 
 
Get Money Smart

The cost of financial ignorance is high.

Check out these materials and consider attending one of our free events to learn more about taxes, credit, debt, budgeting, the basics of investing and learning activities for children.

 
 
The NYSSCPA Technical Hotline

Stumped? Get CPA expertise through the technical hotline!

Call the hotline at 212-719-8309 or
email your inquires to technical@nysscpa.org.

 

The Latest From Our Publications


Read the September 2017 Issue on

CPAJournal.com

It is at this time of the year, when many college students return to campus, that we turn our focus to the issues surrounding the education of the next generation of professionals. The accounting profession is constantly trying to keep pace with the businesses it serves, and many of the articles published this month ask whether the faculty and institutions responsible for preparing the next generation of professionals are keeping pace with the changes in the profession.

Read Now »
  • Mastercard to Let People Pay By Blockchain
    Oct 20, 2017
    Mastercard announced that it will allow certain banks and merchants to process payments using blockchain, the same technology undergirding cryptocurrencies like Bitcoin, which was itself developed as a way to circumvent the need for third-party payment processors. 
  • Study: Young Business Professionals Average $26.05 an Hour
    Oct 17, 2017
    A study of what young people make has found that the average millennial working in business and professional services, a category that includes accounting, makes an average of $26.05 per hour, five dollars higher than the overall average of $21.08. 
  • Understanding Millennials an $80M a Year Industry
    Oct 16, 2017
    It's somewhat of a cliche to say that the biggest lessons are given by those you teach, but the sentiment is starting to attract serious attention as older business executives turn to young people for advise on what to make of kids these days. 
  • Speaker: New Recession Could Come in 5-7 Years
    Oct 19, 2017
    Lester Wigler, a senior portfolio manager and financial adviser with Morgan Stanley, said that a number of financial indices show that the global economy is still growing, so don't worry about a worldwide recession in the next three to five years. The next five to seven years, though, are another story. 
  • IRS to Block Returns Missing Obamacare Info
    Oct 20, 2017
    The IRS said it will be suspending or blocking any return filed for the 2017 tax year that is missing information about the taxpayer's health insurance status.
  • Panel: Construction Contractor Firms Keep Succession Planning in Mind
    Oct 19, 2017
    As in CPA firms, leaders in the construction industry tend to skew older, which means many are wrestling with questions of how they can best ensure continuity of leadership and a continuing flow of high-quality younger employees interested in working in that field. 
  • Speaker: Misconceptions Often Mean Contractors Leave Money on Table
    Oct 19, 2017
    James Lundy Jr., a partner with Marcum LLP's Construction Industry Practice group and a speaker at the Foundation for Accounting Educations Oct. 19 Construction Contractors Conference, said that many contractors miss opportunities to lower their tax bills because of misconceptions about how certain programs can apply to their industry, particularly where it concerns deferred taxation. 
  • Speaker: New Paid Family Leave Law Can Be Challenging But Employers Can Protect Themselves
    Oct 19, 2017
    Frank Kerbein, the director of the Center for Human Resources at the Business Council of New York State and a speaker at the Foundation for Accounting Education's Oct. 18 Business and Industry Conference, said that the state's new paid family leave law will be challenging for employers, but there are ways for employers to mitigate the impacts. 
  • White House Tax Reform: The TaxStringer's Recommended Reading List for CPAs
    Mar 27, 2017
    The Trump Administration promised federal tax reform legislation within 100 days of the president's first term. In an effort to keep TaxStringer readers apprised of federal tax reform developments, the editors have compiled the following list of articles from trustworthy sources that will be updated on a regular basis.
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  • Information Exchange With the United Kingdom Leads to Adjustment in Foreign Tax Credit Claimed
    Oct 1, 2017
    As the global economy becomes more aligned, it is common for businesses and individuals today to have income and tax compliance issues in more than one country. With the complexity of varying tax regimes and the difficulty in monitoring offshore tax compliance, governments and taxing authorities around the world are looking for ways to collaborate and ensure taxpayers are paying their fair share, wherever they may be. 
  • Key Tax Issues in Negotiating M&A Deals for Small Businesses
    Oct 1, 2017
    Negotiating the sale of a small business begins with striking the commercial bargain between the parties. The alternative tax structures available to effect a single transaction, however, can have a significant impact on the parties’ economic bargain. 
  • Long-Term Care Premiums Paid by New York Resident Taxpayers: A Potential Double Benefit
    Oct 1, 2017

    For those who are proactive in planning for their end-of-life care, purchasing long-term care (LTC) insurance is a great idea. There are also tax benefits available for the premiums paid. Most CPAs are familiar with considering these premiums as an itemized deduction at the federal level under IRC section 213(d)(1)(D), but these premiums are not 100% deductible—it is adjusted annually and limited by the age of the taxpayer.

  • Tools and Techniques to Shield and Defer Taxes On Unrealized Stock Gains
    Oct 1, 2017
    What strategies might investors consider to strategically manage their single-stock risk over a longer-term period? Exchange funds, stock protection funds, and completeness portfolios are the primary tools investors can use to manage their stock concentration risk over a long-term period.