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2017 Tax Busy Season Resource Guide

Your personal resource guide of vital tax information, articles, forms, news and alerts from New York state, New York City and the Internal Revenue Service.

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The Latest From Our Publications

Read the February 2017 Issue on

This month features an exclusive CPA Journal roundtable discussion. The participants bring perspectives from big firms and small, academia, consulting, and the legal world. Their wide-ranging discussion acknowledged the expectations gap that exists between the public and the profession, addressed the challenges presented by information technologies and their ever-increasing production of data, and pondered how the next generation might adopt creative solutions to the problems vexing today's auditors.

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  • NYSSCPA Offering Students Up to $1,000 in FAE Scholarships with Technology Assurance Research Paper Contest
    Feb 16, 2017
    The NYSSCPA's Technology Assurance Research Paper Contest is designed to encourage college and grad school students throughout New York state to pursue accounting research, while fostering their professional development and promoting involvement in the Society’s committees and publications.
  • Cross-generational Learning More Important Than We Think
    Nov 22, 2016

    At work, a younger generation often takes the advice of senior colleagues. But nowadays, as the retirement age increases and the workforce becomes older, experienced professionals looking to continue with their jobs could take some advice from younger co-workers. In fact, research shows that with greater emphasis on cross-generational mentoring, longer and more satisfying careers may be possible.

  • Data Analytics Could Boost Pay as Firms Weave AI, Drones Into Auditing Processes
    Nov 18, 2016
    You’ve got your accounting degree, but what now? Supplementing it with experience in data analytics can net you a higher salary than simply being a CPA. And the push to weave cognitive technologies into auditing processes could give you the chance to work with artificial intelligence, and even drones.
  • FASB Defines "In-substance Nonfinancial Asset" in New Update
    Feb 23, 2017
    The Financial Accounting Standards Board (FASB) has released an update that clarifies the scope of Subtopic 610-20 by defining "In-substance Nonfinancial  Asset," a term that appeared in the guidance that had been causing confusion among practitioners. 
  • Sweden Has Too Much Money, and It's Costing The Government Millions
    Feb 23, 2017
    While U.S. tax authorities struggle to close a $400 billion tax gap, Sweden is experiencing the opposite problem: too many people are overpaying their taxes, and the errors could cost the government millions. 
  • Worker Embezzles $100 Million from Company, Disappears
    Feb 22, 2017
    An employee at the South Korean affiliate of Swiss power and robotics firm ABB is said to have forged documents and cooperated with outside parties to steal $100 million and then disappear, an act that the company said was part of a sophisticated criminal scheme. 
  • Study: Looks Matter for CEOs
    Feb 22, 2017
    Just like how voters expect presidential candidates to look "presidential," a recent study has found that there's a certain look that people expect from corporate CEOs, with those more closely matching this physical idea being seen as more competent than those who do not. 
  • Regulatory Roundup: Feb. 15-21
    Feb 21, 2017
    With so many regulators out there, it can be tough to keep track of everything they say from week to week. Luckily we here at the Trusted Professional have collected relevant regulatory announcements from this past week and put them here in one place to help you stay on top of regulatory issues or matters. 



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