Latest Articles

  • Study: 44 Percent Supplement Income with Side Hustle

    By:
    Chris Gaetano
    |
    Jul 13, 2017
    The days where having one job and one job only seem to be fading into the past, as a recent survey has found that 86 percent of people supplement their income with a side gig of some sort or another. 
  • Security Firm CEO Hacked, Declared Bankrupt

    By:
    Chris Gaetano
    |
    Jul 12, 2017
    In an irony that could only be called Sophoclean, the CEO of the largest security firm in Sweden had his identity stolen and used to apply for bank loans and, later, declare bankruptcy. 
  • AICPA Buys High School Accounting Curriculum Training Program, Seeks to Train Teachers

    By:
    Chris Gaetano
    |
    Jul 12, 2017
    Seeking to enhance the quality of accounting education at the high school level, and to encourage more young people to pursue accounting careers, the AICPA has acquired the Accounting Pilot and Bridge program, which trains high school educators to teach a higher level accounting curriculum.
  • CFPB Approves Rule Restricting Use of Mandatory Arbitration

    By:
    Chris Gaetano
    |
    Jul 11, 2017
    The Consumer Financial Protection Bureau (CFPB) just issued a new rule that restricts the ability of banks and other financial institutions to mandate the use of private arbitration in the event of a dispute, opening up more pathways for litigation instead. 
  • Head of Defunct Bitcoin Exchange Pleads Not Guilty to Fraud Charges

    By:
    Chris Gaetano
    |
    Jul 11, 2017
    Mark Karpeles, the former CEO of the now-defunct Bitcoin exchange MtGox, has pleaded not guilty to embezzlement and data manipulation charges that Japanese authorities leveled at him in the wake of the exchange's spectacular collapse in 2014. 
  • Regulatory Roundup: July 6-11

    By:
    Chris Gaetano
    |
    Jul 11, 2017
    With so many regulators out there, it can be tough to keep track of all the decisions being made. This is the NYSSCPA’s regular series that collects relevant regulatory announcements from the past week, and puts them in one place to help you stay on top of the issues.
  • NY Penn Station's 'Summer of Hell' Begins Today

    By:
    Chris Gaetano
    |
    Jul 10, 2017
    Commuting into the city through Penn Station is generally a frustrating and stressful exercise, even on the best of days. Today kicks off a summer that promises to be far worse as maintenance and repairs shut down parts of the busiest passenger train hub in the nation. 
  • 20 Percent of Employers Plan to Expand Use of Company Credit Card Programs

    By:
    Chris Gaetano
    |
    Jul 10, 2017
    Companies are increasingly turning to corporate cards for their employees versus reimbursing them for expenses, with 20 percent saying they plan to invest more in company-backed cards this year. 
  • Norway Instituted a Voluntary Tax Plan. It Raised $1,325

    By:
    Chris Gaetano
    |
    Jul 7, 2017
    Faced with accusations that a recent series of tax cuts would only benefit the wealthiest citizens, the Norwegian government instituted a program that let people pay more in taxes if they wanted to. The result? $1,325. 
  • Number of Employers Offering Summer Fridays Grows from 22 to 42 Percent in Just Two Years

    By:
    Chris Gaetano
    |
    Jul 7, 2017
    The number of employers offering some kind of summer Fridays program has surged in just a short time, growing from 22 percent in 2015 to 42 percent today.