What You Need To Know

Read About General Data Protection Regulation (GDPR)

Ethics CPE Regs Unchanged for 2018

Resources on: The Tax Cuts and Jobs Act

NYS Tax Department Extends 'No Applicable ID' Option for Driver's License Requirement

 

Upcoming Events and Opportunities

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What's New at the Society?

New in 2017: Members Get Unlimited Access to Self Study CPE

 
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

 
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

 
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.

 

Technical Hotline

 
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 May 2018 Issue on

CPAJournal.com

This month marks our annual financial planning issue. The field, like many others, is still coming to grips with the sweeping changes introduced with the Tax Cuts and Jobs Act of 2017. Its impact will require financial planners to reassess existing plans, some of which may now be obsolete. There will also be opportunities to achieve different planning objectives in this new tax environment.

Read Now »

NextGen

  • Survey: The Office Is Too Cold/Too Hot
    May 24, 2018
    A recent survey has found that 46 percent of 1,000 people say their office is either too hot or too cold, which many of the respondents said hurts their productivity. 
  • An AI Explains Bitcoin to You
    May 23, 2018
    Bitcoin is the digital currency that many people are saying will change the world. But just what is bitcoin, and how does it work? Since bitcoin is a computerized currency, perhaps a computer is the best one to explain it. 
  • Born in the '80s? The Financial Crisis Hit You the Worst
    May 21, 2018
    A recent study from the Federal Reserve Bank of St. Louis says that people born in the 1980s took the worst damage from the 2008 financial crisis, and warned that those in this cohort might form a "lost generation" who will always struggle economically. 

The Trusted Professional

  • IRS Warns of Scammers Posing as Accounting or Professional Organizations
    May 24, 2018
    The IRS has issued an alert to tax professionals about phishing emails that appear to come from accounting or professional organizations. The scammers behind these emails targeted, in particular, tax practitioners in Iowa, Illinois, New Jersey and North Carolina.
  • Finance Professionals on Average Got 4.3 Percent Raise in 2017
    May 24, 2018
    Finance professionals in general got an average raise of 4.3 percent last year, with chief financial officer pay increasing by 5.7 percent in the same period. 
  • Study: Big Four Fees Grow with Tenure
    May 24, 2018
    A recent study has found that audit fees from Big Four firms grow the longer they're with a client. 
  • Speakers Talk About How to Boost Valuation with Intellectual Property
    May 23, 2018

    As the global economy increasingly turns less on physical goods and more on intellectual property (IP), patents have become an efficient and effective way for a company to increase its valuation, especially when preparing for a sale, according to a pair of speakers at the Foundation for Accounting Education’s Business Valuation Conference on May 21. 
  • IRS Strongly Suggests Against Donating to a State Nonprofit to Mitigate SALT Deduction Cap
    May 23, 2018
    The IRS issued a notice saying it plans to release guidance soon in response to efforts by several state governments to mitigate the impact of the $10,000 limit on state and local tax deductions. While specific policies are not mentioned in the notice, it implies that the IRS will not look kindly upon, specifically, people donating to a state-run nonprofit to claim a charitable deduction on federal taxes. 

TaxStringer

  • 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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  • Social Security Filing Strategies Under the New Rules
    Apr 30, 2018

    For most Americans, social security retirement benefits typically represent 30 to 60% of their retirement income. Yet according to the National Social Security Association, LLC, over 90% of social security recipients receive less money than they are entitled to receive. For many filers, this can represent tens of thousands of dollars in lost retirement benefits.
  • New York State is Auditing Federal Tax Issues: Work-Related Education Expenses
    Apr 30, 2018
    The New York State Tax Department has increased their audits involving federal tax issues.  This may be due to a reduction in IRS audit personnel, but regardless of the reason, these issues affect both federal and New York State taxes and they therefore have the right to audit. 
  • Powerful Domestic Trust Strategies for International and Cross-Border Families
    Apr 30, 2018
    There has been a powerful evolution taking place over the last decade of international families utilizing the United States for their trusts. Previously, the main reasons for an international family to establish a U.S. situs trust were if they owned U.S. property or if they had a U.S. green card or U.S. citizen family members. 
  • Taking Full Advantage of the R&D Tax Credit: Tips for Identifying, Gathering, and Documenting a Sustainable Claim
    Apr 30, 2018
    In 1981, the U.S. economy was in a recession, and research-and-development jobs were declining throughout the country. In response, Congress passed the Economic Recovery Tax Act of 1981, which included the Research and Development Tax Credit Program (hereinafter “RTCP” or “RTC”), enacted into the IRC.