What You Need To Know


 

Upcoming Events and Opportunities

 



What's New at the Society?


 
Unlimited CPE for NYSSCPA Members

Introducing a New Member Benefit!
 
NYSSCPA members now have free unlimited access to over 150 CPE courses in our Self Study Course Catalog.
 
"I enjoy the online CPE because it allows for me to stay up-to-date with pertinent accounting issues while studying on my own time. I can pause the sessions and resume at my convenience. I feel the CPE is highly relevant as a majority of the sessions have lecturers who are experts in their field. The online interface that NYSSCPA utilizes is user friendly and allows me to easily sort by topic."
– Greg Kozerski, Jr., NYSSCPA Member

 
 
The New NYSSCPA Career Center

Whether you're an employer looking for your next great hire, or a job seeker looking for your next great opportunity, the NYSSCPA Career Center is here to assist you.

Employers: Post Job Descriptions Here
Job Seekers: View Open Positions Here

 
 
Get Money Smart

The cost of financial ignorance is high.

Check out these materials and consider attending one of our free events to learn more about taxes, credit, debt, budgeting, the basics of investing and learning activities for children.

 
 
The NYSSCPA Technical Hotline

Stumped? Get CPA expertise through the technical hotline!

Call the hotline at 212-719-8309 or
email your inquires to technical@nysscpa.org.

 

The Latest From Our Publications


Read the April 2019 Issue on

CPAJournal.com

Managers at not-for-profit organizations are increasingly under as much scrutiny as corporate management at for-profit enterprises. Donors are tying their support to operational efficiency. Fundraising success (or failure) is a public, and widely dissected, metric. The impact the organization makes and its success in achieving its mission shape the public's perception of the entity and mold its prospective sustainability.

Read Now »
  • IRS Audits Grow Increasingly Unlikely
    May 21, 2019
    The IRS audit rate fell slightly from the previous year, continuing a years-long trend of the service's enforcement function growing increasingly sluggish in the wake of continued budget cuts. 
  • Proposed Changes to CPE Standards Would Allow 'Adaptive Learning Self Study'
    May 21, 2019
    The AICPA and National Association of State Boards of Accountancy (NASBA) have released a joint proposal to change the current continuing professional education (CPE) standards, including the addition of new "adaptive learning self study" programs to the list of acceptable lesson formats. 
  • Speaker: Valuation Formulas Cannot Take Place of Common Sense
    May 20, 2019
    Robert E. Kleeman, managing director of OnPointe Financial Valuation Group and a speaker at the Foundation for Accounting Education's Business Valuation Conference on May 20, lamented that there seems to be a lack of common sense in today's practice, which he said has come to rely too much on "silver bullet" calculations and assumptions of perfect accuracy. 
  • Speakers: Dearth of Options Makes Valuing ICOs, Cryptocurrency Assets Difficult
    May 20, 2019
    Within just a few years, blockchain-based digital assets such as cryptocurrencies have become very popular. But according to a pair of speakers at the Foundation for Accounting Education's Business Valuation Conference  on May 20, while much has been made of their vast economic potential, actually valuing them in dollars and cents can be a significant challenge for professionals, particularly given the difficulty of fitting these new assets into current valuation models.
  • Regulatory Roundup: May 14-20
    May 20, 2019
    With so many regulators out there, it can be tough to keep track of all the decisions being made. This is the NYSSCPA’s regular series that collects relevant regulatory announcements from the past week, and puts them in one place to help you stay on top of the issues. 
  • White House Tax Reform: The TaxStringer's Recommended Reading List for CPAs
    Mar 27, 2017
    The Trump Administration promised federal tax reform legislation within 100 days of the president's first term. In an effort to keep TaxStringer readers apprised of federal tax reform developments, the editors have compiled the following list of articles from trustworthy sources that will be updated on a regular basis.
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  • A Roller Coaster That Requires Your Immediate Attention: New York Does Decouple from Certain Federal Income Tax Changes for Trusts and Estates
    Apr 30, 2019

    On December 28, 2018, the Department of Taxation and Finance (the Department) issued Technical Memorandum TSB-M-18(6)I – New York State Decouples from Certain Personal Income Tax Internal Revenue Code (IRC) Changes for 2018 and after.

  • NYS Residency Case: Was His Weekend Home His Domicile?
    Apr 30, 2019

    This is an analysis of a case involving petitioner Thomas McManus, which was decided by Winifred M. Maloney, Administrative Law Judge (ALJ) on February 7, 2019. See McManus Case. Petitioner represented himself at the hearing. This is a residency case involving the issue of domicile for the year 2009.  

  • Tax Accounting Method + Form 3115 + Under $25 Million
    Apr 30, 2019

    Tax accounting methods, and the ability to change those methods, are key issues for taxpayers.  Proper tax accounting methods, and continuing IRS changes to their method-change procedures, are at the front and center of all IRS audits. Tax accounting methods and their change procedures certainly have heightened awareness and importance to tax practitioners; and this is the rule yet again for this tax year.

  • IRC Section 163(j): Old Law vs. New Law
    Apr 30, 2019
    The Tax Cuts and Jobs Act (TCJA), enacted in late 2017, transformed the landscape of the Internal Revenue Code by giving birth to several new tax code sections. One of those new sections is Section 163(j), which limits the business interest expense deductible for certain taxpayers, with the disallowed amount carried forward to future tax years. The newly enacted Section 163(j) replaced its predecessor of the same name.