Letters to the Editor

Society Members Give Back During Tax Season

NYSSCPA Discusses SET Tax with U.S. Treasury Officials

Society Seeks Nominee to IRS Advisory Council

Governor Creates Commission to Streamline Local Government

FAE Entertainment Conference Spotlights Hollywood Financing

Call for Nominations: 2007 Michael H. Urbach Award

When Competency Becomes an Ethics Issue ... or More

By Dana A. Dillehunt

NEW YORK—At the close of the October–December 2006 testing window of the computer-based Unified CPA Examination, it became evident to the National Association for State Boards of Accountancy (NASBA) Candidate Care Unit that several candidates’ written responses had not been processed, and were submitted as blank though the student had provided a response. Continue...

By Allison Schiff

NEW YORK—Though the Office of the Attorney General first began a preliminary investigation into what it called “potential financial arrangements between universities and loan providers” back in November 2006, current Attorney General Andrew Cuomo gave the investigation a serious jumpstart this February when he requested records from six lending institutions and more than 60 public and private colleges. Continue...

By Allison Schiff

In a landmark decision at the end of April, the U.S. Supreme Court delivered an opinion that reexamines the so-called “nonobviousness requirement” in patent law for the first time since 1976. That decision, although “not a solution,” said AICPA Tax Strategy Patent Task Force member Walter M. Primoff, is helpful to CPAs looking for a defense in cases of tax strategy patent infringement. Continue...