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Read the June 2016 Issue on

For the past few years, The CPA Journal has drawn attention to the new but growing field of sustainability reporting and assurance by devoting a special issue to the topic. This year, the editors and NYSSCPA, in collaboration with the Hedge Fund Roundtable, went even further in organizing the first annual Sustainability Investment Leadership Conference.

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  • How to Overcome Perceived Millennial Weaknesses
    Jun 15, 2016

    Unfortunately, since they’ve started to enter adulthood and by extension, the workforce, millennials have been subject to a number of negative stereotypes that may or may not have basis in fact. So what can you do to convince your Boomer or Gen Xer employer that you don’t fulfill those stereotypes while engaging in your work the way that you’re most comfortable with? Here are three stereotypes that millennials face, and corresponding tips from Inc on how to rise above them:

  • Three Steps to Avoid Being Passive-Aggressive
    Jun 14, 2016

    When dealing with a frustrating situation involving another person, it can be tempting, especially if they’re a coworker, to deal with the situation by being passive-aggressive. It can feel good to combat that sense of powerlessness by exercising petty judgment on the offending person while maintaining a slight veneer of deniability. However, doing so is neither the mature nor the most beneficial path to take, so here are three steps from the Harvard Business Review to follow if you find yourself wanting to take the low road: 

  • How to Get the Starting Salary You Want
    Jun 10, 2016

    Passion and interest in your chosen profession is important, but getting paid what you want and what you’re worth is nice too. So how do you get the salary you want without coming off as money-grubbing or overly aggressive in your negotiation? Here are some tips from Forbes on how to land a salary that both you and your employer are happy with:

  • A Few Words About Estate Planning and Trustee Engagements
    Jul 1, 2016

    Thirty years of protecting CPAs from malpractice risks has shown that every CPA is safer if they understand the risks they are facing. In no type of engagement is this truer than in estate planning and trustee engagements. And the reason for this is clear: hindsight!

  • U.S. Real Estate Beckons to Foreign Investors in Wake of FIRPTA Revisions
    Jul 1, 2016

    Changes to U.S. tax rules that were signed into law in December have important implications for foreign entities seeking to invest in the U.S. real estate market. This includes both additional disclosure requirements and provisions that may increase the tax efficiency of certain assets.

  • New Seller Due Diligence Responsibilities After the Midco Cases?
    Jul 1, 2016
    In the post-General Utilities world, shareholders have looked to dispose of their interest in C Corporations with appreciated assets in a way that would avoid the double taxation arising on a sale of assets followed by a liquidating distribution to the noncorporate shareholder. 
  • Is It Debt or Equity? A Survey of the Proposed Section 385 Regulations
    Jul 1, 2016
    The fundamental question investors address when capitalizing a business is how it should be funded—with debt, equity, or a combination of both. Considerations can vary widely depending on the level of risk an investor is willing to take or the desired tax treatment.

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