September , 2007
The Newspaper of the NYSSCPA
Vol. 10, No.16
What's Inside

House Bill Includes Repeal of IRS Private Debt Collection Program

FASB Seeks to Clarify Shortcut Method

SEC Approves Auditing Standard No. 5

Court of Appeals Bolsters Statute of Limitations Defense

Staying Ethical in a Competitive World

SOX Turns Five

Reinstatement

PCAOB Revisits Ethics and Auditor Independence in New Proposed Rules

Getting Down to Basics at the Hedge Fund Conference

Conference Addresses Tax Issues When Doing Business Abroad
State Eyes Reform for Empire Zones

CPAs on Demand

Bloomberg on Demand Producer Clare Hickey (right) preps CPA Ginger Broderick, an NYSSCPA Taxation of Individuals Committee member, for an on-camera interview on tax season paperwork at the Society’s offices on July 26. The online spot will be the first in a series of personal finance segments that will be launched on the Bloomberg News Website in December.

 

 

 

NEW: Sudoku Pizzle is available online now. Click here (Requires Adobe Acrobat)

By Melissa Hoffmann Lajara

NEW YORK—State officials have decided it’s time to see results from businesses that get tax breaks through the popular Empire Zone program, warning thousands of companies that evidence of “meaningful progress” must be shown in order to continue getting the benefits

The Empire Zone incentive program, which began in 2001, allows new or expanding businesses to eliminate their corporate income taxes and gets the state to refund their local property taxes if businesses can prove they are creating new jobs or making investments in the area.

Continue...
Bylaw and Code of Professional Conduct Amendment Decision Upon Us

By John J. Lauchert, Chair, Bylaws Revision Task Force

NEW YORK—On July 10, the NYSSCPA Board deliberated a number of proposed amendments to the Society’s Bylaws and Code of Professional Conduct. To become effective, two-thirds of the members casting votes must approve them. Continue...

Election for 2007 - 2008 Nominating Committee

By Mark Ellis, NYSSCPA Secretary

NEW YORK—For the fourth consecutive year, the NYSSCPA has received enough petitions from members seeking to serve on the 2007–2008 nominating committee that the Society must hold a membership election. Continue...

Succession Planning for Accountants in Their Own Practice

By Edward Mendlowitz, CPA

For CPAs in practice, succession planning takes on a meaning other than what it might seem. Many of the CPAs I know find it difficult to imagine themselves retiring, and therefore do little in the way of planning. Continue...

Chapter Newsletters

BUFFALO
Message from the President
MANHATTAN

Message from the President
NASSAU
Message from the President
QUEENS
Queens Chapter Update
ROCHESTER
Message from the President
ROCKLAND
Message from the President
SOUTHERN TIER
Message from the President
SUFFOLK

Message from the President

Suffolk Chapter Scholarship Committee Awards Undergraduate Accounting Scholarship
SYRACUSE

Message from the President

Another Very Successful COAP Program at Le Moyne College!
UTICA
Message from the President
WESTCHESTER
Message from the President
UPFRONT ARTICLE
Inside the YCPA Committees

 


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