The Trusted Professional


Ari Papadacos, a supervisory special agent with the FBI, explains to FAE’s Anti–Money Laundering Conference attendees how terrorists exploit the financial system and fund attacks like those described on the screen next to him.

By Alex Charles, NYSSCPA Policy Research Coordinator

NEW YORK—The U.S. Treasury advisory committee given the broad charge of assessing the state of the auditing profession, then making recommendations by summer 2008 on how to improve it, invited 24 panelists, including NYSSCPA Executive Director Louis Grumet, to provide testimony during its Dec. 3 open public meeting in Washington D.C.

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Last-Minute AMT Decision May Delay Tax Refunds for Millions

By Melissa Hoffmann Lajara and Colleen Lutolf

NEW YORK—Although Congress acted in the final hours before its holiday recess to block an increase in the Alternative Minimum Tax (AMT), millions of taxpayers may still be waiting longer for their refunds this year. Continue...

The Business of Terrorism

By Melissa Hoffmann Lajara

NEW YORK—Most business owners have heard the adage “Know your customer.” At a recent FAE conference, that simple saying had more sinister overtones when a supervisory FBI agent suggested that the customers accountants thought they knew could be funding terrorist organizations through their businesses. Continue...

President's Commentary

Some of you were made aware at our July leadership conference and in previous columns of the various expectation gaps we experience in our profession. A vigorous discussion of one such provocative and critically important expectation gap emerged during three of our recent statewide chapter visits. Continue...

Chapter Newsletters

MANHATTAN

Message from the President

The Manhattan/Bronx Chapter Nominating Committee

MID HUDSON

Message from the President

NASSAU

Message from the President

QUEENS

Learning the Right Stuff as a CPA

ROCKLAND

Message from the President

UPFRONT ARTICLE

Tax Effect