Attention FAE Customers:
Please be aware that NASBA credits are awarded based on whether the events are webcast or in-person, as well as on the number of CPE credits.
Please check the event registration page to see if NASBA credits are being awarded for the programs you select.

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 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 Helpline

Stumped? Get CPA expertise through the technical helpline!

Email your inquires to technicalhelpline@nysscpa.org.

 

The Latest From Our Publications


Read the Jan/Feb 2025 Issue on


CPAJournal.com

The current business environment places a premium on innovation: new products and services, which can also mean new assets and new forms of operations and financing. As businesses invest in new assets and utilize new structures and processes, accountants and auditors must keep up. Fundamental principles are always the starting point, but accounting for complex new classes of assets (like crypto assets) often requires further contemplation and innovation. Accountants must do their best to provide stakeholders with reasonable numbers while they wait for standards setters and regulators to release definitive guidance.

Read Now »
  • Homeownership Stalls for Gen Z and Millennials Amid Soaring Costs
    Mar 25, 2025
    The dream of homeownership is slipping further out of reach for many young Americans. In 2024, just 26.1% of Gen Z adults owned homes—virtually unchanged from previous years. Millennials fared only slightly better—their homeownership rate of 54.9 percent showed no real growth from 2023. 
  • Five Ways Gen Z’s Work Ethic Can Help Your Business Thrive
    Mar 21, 2025
    Gen Z is quickly becoming a major force in the workforce, bringing a mindset that values feedback, flexibility and authenticity. By 2030, Gen Z will make up 30% of the U.S. workforce, and their approach to work offers valuable lessons for small business success. 
  • North Carolina Proposes New CPA Licensure Pathway to Combat Talent Shortage
    Mar 20, 2025

    North Carolina is joining the growing list of states looking to ease the CPA shortage by modernizing the path to licensure. A newly introduced bill, the Accounting Workforce Development Act (SB321), aims to offer CPA candidates an alternative route: a bachelor’s degree in accounting, two years of relevant work experience and successful completion of the CPA exam. 



  • IRS May Aid ICE in Verifying Addresses of Immigrants Facing Deportation
    Mar 25, 2025
    The IRS is nearing a controversial agreement with Immigration and Customs Enforcement (ICE) to assist in verifying the home addresses of individuals targeted for deportation. The draft agreement would allow the IRS to confirm whether ICE has accurate address information for immigrants who have received final deportation orders. 
  • GASB Releases Study on GAAP Utilization in U.S. State and Local Governments
    Mar 25, 2025
    On Mar. 24, the Governmental Accounting Standards Board's released a study of the usage of Generally Accepted Accounting Principles (GAAP) by U.S. state and local governments. It revealed that all U.S. states utilized GAAP, but only about three quarters of counties did the same.
  • AICPA Auditioning Standards Board Seeks Feedback on 2026-2030 Strategic Plan
    Mar 24, 2025
    The AICPA’s Auditing Standards Board is inviting public feedback on its proposed 2026-2030 strategic plan, which outlines key initiatives aimed at advancing audit and assurance standards for private companies.
  • Big Four Now Using Agentic AI to Boost Staff Productivity
    Mar 24, 2025
    The Big Four firms are now integrating  a new category of artificial intelligence (AI) into their businesses. Deloitte and Ernst & Young stated on March 18 that they are using new autonomous AI tools that are capable of assisting clients in routine tasks. PwC has also developed such capabilities, which are known as agents, to accelerate software development and KPMG is developing “digital teammates” to support groups throughout its global business.
  • Regulatory Roundup: March 18-24
    Mar 24, 2025
    With so many regulators out there, it can be tough to keep track of all the decisions being made. This is the NYCPA'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.
  • Leveraging Tax Credits for Energy-Efficient Investments in Local Governments: Opportunities Under the Inflation Reduction Act
    Feb 26, 2025

    The Inflation Reduction Act, enacted in 2022, provides a groundbreaking framework for advancing clean energy initiatives across the United States. This legislation’s primary focus is to incentivize energy-efficient investments through tax credits, including provisions that allow local governmental agencies and other tax-exempt entities to benefit from these incentives via elective pay, also referred to as direct pay. By tapping into these opportunities, local governments can significantly reduce costs while advancing sustainability goals, modernizing infrastructure, and stimulating local economies.

  • Section 174 Amortization and the Current Landscape
    Feb 26, 2025

    Many Americans faced overreaching tax changes with the Tax Cuts and Jobs Act of 2017. Taxpayers’ attention went to items like the Qualified Business Income Deduction, Net Operating Losses, and sweeping tax rate changes across the board. However, an often overlooked change was a revision to Section 174 and the introduction of a new definition for specified research or experimental (SRE) expenditures. This change was not slated to go into effect until the 2022 tax year, and once it arrived, it came with endless taxpayer questions and a lack of federal guidance on implementation.

  • Can a Home Subject to a Mortgage Be Transferred to a Trust?
    Jan 30, 2025

    One of the most common concerns clients have about transferring a home that is subject to a mortgage to an inter vivos trust (a trust created during one’s lifetime) is whether doing so will trigger the due-on-sale (DOS) clause of the mortgage. Most mortgage agreements contain a provision stating that upon the conveyance of property subject to the mortgage, the entire outstanding amount of the mortgage is immediately due and payable to the lender.

     

  • State Tax Considerations When Selling a Partnership Interest
    Jan 30, 2025
    State tax considerations often get short shrift when planning for the sale of a business or investment held in a partnership. That’s not surprising when we compare federal and state tax rates. But sales of partnership interests can be taxable to a corporate or individual nonresident partner in states that the partner has no other connections apart from the activities of the underlying partnership being sold.