Latest Articles

  • NEWS HIGHLIGHTS FOR FRIDAY - 7.29.16

    By:
    Maya Lindsay
    |
    Jul 29, 2016

    NYSSCPA Members in the News


    Paul Dailey (Nassau)

    Retiring abroad: 3 things to know before you pack your bags

    Yahoo Finance

    Want to join the growing ranks of retirees living abroad ? Before packing your bags and setting off for an exotic location far, far, away, you'll have to make some important decisions and plan very carefully. "You have to be brutally honest with yourself," said Dan Prescher, senior editor for retirement lifestyle magazine International Living.

  • Facebook Could Owe Up to $5 Billion in Taxes

    By:
    Chris Gaetano
    |
    Jul 29, 2016
    Facebook announced that it could owe the IRS up to $5 billion due to an ongoing investigation into the value of assets it sold to an Irish subsidiary, which perhaps could be the reason it has ignored seven summonses from the service over the last month. 
  • Study: It Takes an Hour of Activity to Recover from Eight Hours Sitting

    By:
    Chris Gaetano
    |
    Jul 29, 2016
    A recent medical study published in Lancet has found that it takes about an hour of activity to make up for eight hours of idleness, say spent in front of a computer at an office. 
  • NEWS HIGHLIGHTS FOR THURSDAY - 7.28.16

    By:
    Maya Lindsay
    |
    Jul 28, 2016

    NYSSCPA in the News

    NYSSCPA Mention – COAP Program

    CPA Firms Urged to Increase Diversity

    Accounting Today

    New Jersey Society of CPAs CEO and executive director Ralph Albert Thomas is encouraging CPA firms and other businesses to expand their diversity and inclusion efforts. During a speech Wednesday in New York at a meeting of the Accountants Club of America, Thomas stressed that CPA firms need to reflect the changing demographics in the U.S. population and within their own clients’ businesses.

  • Study: Want More Out of an Employee? Seat Them Next to Someone More Productive

    By:
    Chris Gaetano
    |
    Jul 28, 2016
    A recent study has found that where you sit in the office, and with whom, can have an impact on how much work you get done, and how good that work is. 
  • NEWS HIGHLIGHTS FOR WEDNESDAY - 7.27.16

    By:
    Maya Lindsay
    |
    Jul 27, 2016

    NYSSCPA Members in the News


    Next Gen Conference – Tracey Niemotko (Mid-Hudson)

    Long Distance Learning: Mount Brings NYC Conference to Campus for Local CPAs

    Mount Saint Mary College

    For a group of about 20 Mount Saint Mary College students, alumni, and area professionals who couldn’t make it to New York City on July 25, the NextGen Conference for Young CPAs came to them instead. The Mount’s School of Business sponsored a satellite viewing of the presentation, held on campus in Aquinas Hall. The conference, hosted by the New York State Society of Certified Public Accountants (NYSSCPA), was designed to help young CPAs to forge their own unique career path, learn important time management techniques, interact professionally with clients and other business partners, and more.

  • FASB Releases Proposal for Income Tax Disclosures

    By:
    Chris Gaetano
    |
    Jul 27, 2016
    The Financial Accounting Standards Board (FASB) released a proposal that, if enacted, would create additional disclosure requirements related to income tax, while removing others that the board sees as too focused on future-oriented information. 
  • Facebook Continues to Ignore IRS Summonses

    By:
    Chris Gaetano
    |
    Jul 27, 2016
    For the seventh time now, Facebook has failed to show up a summons from the IRS, which is investigating its offshore tax strategies. 
  • Costs of a Data Breach Aren't Always Immediately Apparent

    By:
    Chris Gaetano
    |
    Jul 26, 2016
    Your firm has just been hacked. This, you think, is going to be an expensive problem to fix. But just how expensive? That's not always clear right away. 
  • Study: Lower Paid CEOs Outperform Highest Paid Peers

    By:
    Chris Gaetano
    |
    Jul 26, 2016
    A recent study by a corporate governance research firm is calling into question the idea that high-performing companies require high-paid CEOs, as it shows that stocks in companies with low-paid CEOs perform better than those with highly-paid CEOs.