• Strong end of year and start of a new one

    By:
    Matthew P. Bryant, CPA
    |
    Feb 11, 2016
  • Legislation, foreign tax reporting topped conference

    By:
    Geoffrey S. Mullen
    |
    Feb 11, 2016

    The NYSSCPA Northeast Annual Tax Conference was held on Dec. 2, at the Hilton Garden Inn in Troy. The conference was well attended by members in the Northeast Region, who were eager to prepare themselves for the upcoming filing season. 

  • The Accountants Club of America: One of New York’s best-kept secrets

    By:
    Stuart Kessler, CPA
    |
    Feb 11, 2016
    One of the best-kept secrets of the accounting profession in the New York metropolitan area is the Accountants Club of America. Conceived by Elijah Watt Sells and his friend and colleague, Charles Waldo Haskins, it was officially incorporated in 1927. However, its real origins can be traced to a time decades earlier. 
  • Avoiding e-file penalties this tax season

    By:
    |
    Feb 11, 2016
    Prior to tax season, several NYSSCPA members expressed frustration and confusion on the Society’s Exchange Open Forum after the New York State Department of Taxation and Finance (NYSDTF) penalized them for filing paper returns on behalf of their clients—sometimes, they said, for situations that were beyond their control.
  • CPA Roundtable: What do you expect will be your biggest headache in 2016?

    By:
    Chris Gaetano
    |
    Feb 11, 2016

    What do you expect will be your biggest headache in 2016?

  • IRS turns to private debt collectors in selected cases

    By:
    Chris Gaetano | Trusted Professional Staff
    |
    Feb 11, 2016
    Owe the IRS money? Recent legislation shows that back taxes might be pursued not by the government but by a private debt collection agency, marking the third time since 1996 the government has launched such a program. 
  • Committee nominates 16 members to board

    By:
    John J. Lauchert
    |
    Feb 11, 2016

    The 2015–2016 NYSSCPA Nominating Committee met on Jan. 14 to discuss its nominations for Society officers for the 2016–2017 fiscal year, as well as for NYSSCPA Board of Directors members, with terms beginning June 1.

  • Making progress in Albany

    By:
    Joseph M. Falbo Jr.
    |
    Feb 11, 2016
    Earlier this month, I had the privilege of representing our Society in the state’s Capitol, and sharing our position on Gov. Andrew Cuomo’s New York state budget during the Assembly and Senate’s joint budget hearings.
  • Risk Management: Documentation will help protect your firm

    By:
    By Anthony Cooper, J.D., MBT
    |
    Feb 11, 2016

    Good documentation is one of the best defenses a CPA has in the event that a client takes legal action. Inadequate or improper documentation can be a costly mistake. Consider the following late tax season scenario.

  • Society sees weakness in FASB materiality proposal

    By:
    By Chris Gaetano
    |
    Feb 11, 2016

    The NYSSCPA, in a Dec. 8 comment letter, expressed concern that the Financial Accounting Standards Board’s (FASB) two proposed changes to materiality standards would actually add more complexity and cost to financial reporting, rather than streamlining it.

  • Falbo Urges Lawmakers to Address Estate Tax ‘Cliff’

    By:
    Colleen Lutolf
    |
    Feb 10, 2016
    In an effort to drive home the “serious flaws” lawmakers created when they voted to amend the state’s estate tax law in 2014, NYSSCPA President Joseph M. Falbo Jr. told state legislators at a Feb. 3 budget hearing that CPAs will be forced to advise clients to move out of New York as a “valid wealth preservation strategy,” unless the law is corrected.

  • Society committees—membership’s best kept secret

    By:
    |
    Jan 26, 2016

    NYSSCPA committees offer a platform where Society members have the opportunity to tap into a wealth of knowledge, impact the profession, network with their peers and enhance their skills.  

  • President’s commentary: How are we doing?

    By:
    Joseph M. Falbo Jr.
    |
    Jan 26, 2016

    We can all appreciate the challenge of trying to stay on top of the deluge of email we get nearly every day. 

  • Society Awards: Which CPAs met the profession’s gold standard this year?

    By:
    Nereida Gomez, NYSSCPA Manager, Committees
    |
    Jan 26, 2016

    Certified public accountants throughout New York state give generously of their free time to better their profession and to assist with community causes and projects in the public interest. 

  • Rochester’s leadership pipeline increases production

    By:
    Matthew P. Bryant
    |
    Jan 26, 2016

     

  • Suffolk Chapter plays Santa to Long Island’s kids

    By:
    Chris Gaetano
    |
    Jan 26, 2016

    What began 21 years ago as a small effort undertaken by a few dedicated young CPAs is today one of the largest Christmas toy collections on Long Island.

  • SI’s revamped Annual Tax Conference continues success in second year

    By:
    BY Patrick Monachino | Staten Island Chapter Tax Committee Cochair
    |
    Jan 26, 2016
    For the past two years, the Staten Island Chapter has applied a more proactive approach with the planning of its Annual Chapter Taxation Conference.
  • NextGen makes our future bright

    By:
    Bruce Zgoda
    |
    Jan 26, 2016
    I heard a great saying the other day: “You can never be wrong by doing what is right.” As I continue my year as president, I am constantly reminded that CPAs are held to a higher standard, so just remembering that responsibility should makes it easy for us to do what is right.
  • NYSSCPA supports ‘nano-learning’ cautiously and with questions

    By:
    Chis Gaetano
    |
    Jan 26, 2016
    Should watching a 10-minute-long video about a particular accounting subject be eligible for continuing professional education (CPE) credit? 
  • CPA Roundtable: Should small firms invest in cybersecurity insurance?

    By:
    Chris Gaetano
    |
    Jan 26, 2016

    Should small firms invest in cybersecurity insurance?   

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