Contact:
Lois Whitehead, Public Relations Manager
212-719-8405
lwhithead@nysscpa.org

NEW YORK, NY, MAY 18, 2006 -- The New York State Society of Certified Public Accountants (NYSSCPA) installed David A. Lifson, CPA of New York City as President-Elect at its 109th Annual Election Meeting and Dinner held today at the New York Marriott Marquis Hotel. Lifson is a partner with Hays & Company LLP and has significant involvement with tax planning and management/business advisory services for various small and medium sized businesses and high net worth/upper income individuals.

A member since 1975, Lifson has served as Vice President of the NYSSCPA Board of Directors and as a member of its Executive Committee. He has chaired its Task Force on Practical Reform of the Tax System and its Finance and Real Estate committees. He has also served as a member of its Tax Division Oversight, Taxation of Financial Instruments and Transactions, Taxation of Individuals, Real Estate and Firm Coordinators committees and as a member of its Professional Standards, Alternative Tax System and CPA2 Biz task forces.

Lifson chaired the Society’s Task Force on Practical Reform of the Tax System that issued the SET (Simple Exact Transparent) Tax Proposal, a position paper published as a guide for our political leaders and others interested in practical issues raised by fundamental tax reform.

He has also chaired the Tax Executive Committee for the American Institute of Certified Public Accountants and was a member of its Board of Directors.

He is a nationally known lecturer and panelist on tax subjects and has published articles in The CPA Journal, The Tax Advisor and the Journal of Accountancy.

About the NYSSCPA

Representing 30,000 CPAs, the New York State Society of Certified Public Accountants (NYSSCPA) is the oldest and largest state accounting organization in the nation.
Incorporated in 1897, the Society is a not-for-profit organization that seeks to establish and maintain high standards of integrity, honor, and character among certified public accountants. Its members are CPAs working in public practice, industry, government and education in a state that serves as the home of Wall Street and major financial institutions.

The New York State Society of CPAs is located at 3 Park Avenue, New York, NY 10016. To learn more about the Society call 800-633-6320 or visit the Society’s website at www.nysscpa.org.