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RECENT COMMENTS

  • Tax Refund Delays
    Tom Riley
    03/19/2010 - 11:07
  • Reconciliation
    John Lauchert
    03/07/2010 - 11:23
  • 1099G Additional
    Anonymous
    02/25/2010 - 21:12
  • I went to the site to get my
    Anonymous
    02/07/2010 - 01:51
  • A Response from NYS Tax Department
    Brad Maione
    02/05/2010 - 14:33

RECENT ENTRIES

  • Madoff's Prison Beating
  • Regulatory Roundup 3/19/2010
  • Public Asks, Members Answer at Tax Panel
  • New York State Delays Issuance of Some Tax Refund Checks
  • Two Madoff Employees Indicted
  • Regulatory Roundup 3/18/2010
  • Regulatory Roundup 3/17/2010
  • Regulatory Roundup 3/16/2010
  • IRS Goes After Man for 4 Cent Debt
  • NYT: Will Junk Bonds Be the 2012 Armageddon?

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Just for Fun

An E-mail from Governor Paterson

Submitted by Melissa Lajara on Fri, 03/12/2010 - 10:18
  • Just for Fun
  • Legislation
  • New York State

New York state needs money, and according to the Centers for Disease Control and Prevension, we're all fat and unhealthy -- or, as they put it, "obesogenic."

Hence the proposed "soda tax," a revenue-raising device made easier to sell to the public through its targeting of the products blamed for what's considered a national epidemic of obesity. (Because that had nothing to do with us, or our appetites.)

Financial desperation aside, it was a surprise to see an e-mail from New York's executive, Gov. David A. Paterson, in my inbox last night. The e-mail address seemed valid, so I started to read. It wasn't until the third paragraph that I became a bit confused:

"I have been a physician in New York for 30 years."

[Full Story]
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Enron, Financial Crisis Fodder for Stage, Small Screen

Submitted by Melissa Lajara on Fri, 03/05/2010 - 09:50
  • Financial Crisis
  • Just for Fun

There are winners and losers in every situation -- even in Enron's collapse and the ongoing financial crisis.

Two of those winners: New York Times reporter/editor Andrew Ross Sorkin and playwright Lucy Prebble.

[Full Story]
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In Time for Valentine's Day: A Love Song About Auditors

Submitted by Cara Patterson on Wed, 02/10/2010 - 19:03
  • Just for Fun

Financial Executives International blogger Edith Orenstein has cooperated with Steven Zelin and the Maryland Association of CPAs on a music video created in the virtual platform SecondLife. To the tune of "If I Were a Carpenter," "If I Were an Auditor," sung by Orenstein and Zelin, also features several of Orenstein's blogger friends as characters in the background. Check it out here.

[Full Story]
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24 at SEC Caught Porn Surfing at Work

Submitted by Chris Gaetano on Tue, 02/02/2010 - 17:11
  • Accountability
  • Ethics
  • Just for Fun
  • SEC

More than two dozen workers at the Securities and Exchange Commission (SEC) have been investigated for looking at porn during work hours over the past two years.

[Full Story]
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Seen on eBay: Antique NYSSCPA Gavel

Submitted by Melissa Lajara on Fri, 01/08/2010 - 13:53
  • Just for Fun
  • NYSSCPA News

If you've ever wanted to feel like a 1960s-era NYSSCPA chapter president -- or own a piece of NYSSCPA history --  you just missed your chance, offered up by an antiques seller last month on eBay. The late Irving Brooks was the third president of the Utica Chapter.

Auction for gavel belonging to Irving Brooks, the third president of the NYSSCPA's Utica Chapter.

 

 

 

 

 

[Full Story]
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An NYSSCPA Year in Review

Submitted by Melissa Lajara on Thu, 12/31/2009 - 12:59
  • Just for Fun
  • NYSSCPA News

New York is getting a snowy end to 2009 -- a year of new rules, recovery and reform. The last day of the year is a good time to look back at what the past 12 months have brought to the nation, to the individual ... and to the noble profession of accountancy.

The year 2009 kicked off with a major shift in the rules regulating the profession, while at the same time the nation welcomed its first black president. Collective agony over the Madoff affair was still fresh, and the price of Yankees tickets was a major topic of discussion. Effects of the financial crisis born in 2008 had begun to level off.

Here's a look at some of the other milestones we reached on the road to 2010:

January

  • The accountancy reform law is approved by lawmakers and signed by Gov. David A. Paterson.
  • The nation gets a new president.
  • The GAO criticizes the Treasury for its lack of oversight of the TARP program.
  • The FASB formally defers FIN 48.
  • Everyone's upset about the Madoff fraud and other Ponzi schemes.
  • National Taxpayer Advocate Nina E. Olson speaks at a FAE conference.
  • Former Senate Majority Leader Bruno finds himself in hot water.
[Full Story]
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Want a Raise? Become a Tax Accountant

Submitted by Melissa Lajara on Mon, 12/28/2009 - 15:20
  • Just for Fun
  • Taxes

Finally, 2009 -- a year of big losses, few raises and rampant unemployment -- is about to end, and the folks at CNN Money are already trying to predict the winners and losers of 2010.

Among the winners: tax accountants.

[Full Story]
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Giving 'Til It Hurts

Submitted by Chris Gaetano on Wed, 11/11/2009 - 12:20
  • Accountability
  • Just for Fun
  • Taxes

As the financially astute are no doubt aware, the U.S. has quite a bit of debt, in the same way that the Pacific Ocean has quite a bit of water. While we’re nowhere near the levels of, say, Japan, which has the largest public debt on Earth, the amount of money the U.S.

[Full Story]
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CPA Hauntings: Tales of Succession-Planning Horror

Submitted by Cara Patterson on Mon, 10/26/2009 - 17:41
  • CPE
  • Just for Fun

In honor of Halloween, we present succession-planning horror stories. For more on succession planning, check out this Wednesday’s Practice Management Conference, featuring a panel of partners from small, mid-size and large firms sharing their succession-planning expertise, moderated by member Robert Fligel.

Vincent Price may have inspired these creepy tales…but are they based on true stories? You be the judge!!

Narcie's Woe

[Full Story]
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Your Job: One of America's Best

Submitted by Melissa Lajara on Fri, 10/09/2009 - 12:15
  • Just for Fun

Becoming a CPA was a great choice. You know that. But now, the profession is getting its due from CNN Money, which has placed a career as a CPA as #6 on its list of the 100 best jobs in America.

In its explanation, the list calls the profession "recession-proof," noting that businesses began hiring more CPAs after major accounting scandals earlier this decade "and a host of new corporate accounting rules going into effect soon should ratchet up demand further."Drawbacks that precluded a #1 nomination include non-negotiable deadlines and the dreaded "busy season."

[Full Story]
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