June 2001 Articles

Task Force Examines New Tax Legislation

NEW YORK—A Society task force reserved judgment on a $1.35 trillion tax relief act passed in Congress last month and recently signed by President Bush, despite grave concerns the legislation will make long-term financial planning extremely difficult. (Article)

New Privacy Rules Apply to CPAs

REDWOOD CITY, CALIF.—Congress has approved the Gramm-Leach-Bliley Privacy Act, which, among many other things, requires financial planners and tax preparers to notify clients of policies regarding the privacy of nonpublic personal information. (Article)

AICPA Begins Education Campaign on Global Credential

NEW YORK—Nearly a month after AICPA Council voted to push back a member vote on the global credential until further information and education are provided to the membership, the American Institute of CPAs launched a member information and response program on the proposed global, interdisciplinary credential. (Article)

President's Commentary

As the new president of the New York State Society of CPAs, I believe it is my role to speak out for our profession. The mission statement of the NYSSCPA includes promoting and protecting the interests of its members and the general public with respect to the practice of accountancy. (Article)

Healthcare Conference to Focus on ‘HIPAA Hype,’ Other Hot Issues

Accounting, finance, and legal professionals serving the healthcare industry as well as others who work or consult in the healthcare sector are looking forward to the Healthcare Conference to be held Aug. 7 at the New York Helmsley Hotel in Manhattan. (Article)

High Net Worth Conference to Attract Finance Pros

The shifts in the economy are affecting everyone, especially individuals who have extraordinary assets. (Article)

Closely Held and S Corporation Conference

Professionals interested in staying current and gaining the most recent knowledge to aid their company or clients can attend FAE’s Closely Held and S Corporation Conference on Monday, July 16, at the Sheraton New York Hotel and Towers. (Article)

The Disney Club

New York State Society of CPAs members that have used the Magic Kingdom Club card in the past may have noticed some recent changes in the Disney program. (Article)

Lease Compliance Review: Where the Money Is

In Part 1 of this series, we introduced this new type of client service. To recap briefly, lease compliance review is a structured advisory practice that determines whether landlord-generated rental invoices are in conformity with the financial provisions of the lease governing the terms and conditions of a rented piece of commercial real estate. (Article)

Anti-Virus Basics

Given virus outbreaks of the last several months, like the one dubbed “Anna Kournikova,” I thought it was a good time to revisit some of the topics I covered in my June 2000 Trusted Professional article concerning computer viruses. (Article)

Molding the CPA Image: All It Takes Is Sound Advice

The primary focus of the New York State Society of CPAs’ website has always been meeting the professional needs of the organization’s membership. The Sound Advice section of the site, which is under the auspices of the NYSSCPA Public Relations Committee, is no different. (Article)

Industry Profile (Article)

Welcome new members (Article)

In memoriam (Article)

Financial Pros to Discuss Flow-Through Goals

Attendees at this year’s Flow-Through Entities Conference, hosted by the Foundation for Accounting Education, are in for a real treat. (Article)

Estate Planning Pros to Gather at Conference

Financial professionals in the field of estate planning already know that successfully maintaining assets and estates requires updated information, dedication, and a financial strategy. (Article)