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.

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What's New at the Society?

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 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 Helpline

 
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 2022 Issue on


CPAJournal.com

This month's issue covers a wide array of accounting and auditing issues, with a focus on implementing new rules and adapting practice to the new business environment. These issues are exemplified by “Implementing CECL During the Pandemic,” in which authors Arianna Pinello and Lee Puschaver take a closer look at the long-awaited changes to accounting for financial instruments and how they have played out in the midst of extreme uncertainty during an unprecedented global crisis.

Read Now »

NextGen



The Trusted Professional

  • Bipartisan Bill Introduced in Senate Would Bar Tax Breaks for Companies Paying Taxes to Russia, Belarus
    May 13, 2022
    A bipartisan bill introduced in the Senate on Thursday would bar companies that pay taxes to Russia or Belarus from receiving foreign tax credits or other benefits.  Senate Finance Committee Chair Ron Wyden (D-Ore.) and Sen. Rob Portman (R-Ohio) sponsored the legislation, which would add those two countries to a list of countries already ineligible for foreign tax credits, including North Korea, Iran, Syria and Sudan.  
  • Increasing Number of States to Require Stand-Alone Financial Literacy Classes in High School
    May 12, 2022
    Georgia recently joined seven other states in passing legislation that requires a stand-alone financial literacy course as a high school graduation prerequisite. On April 28, Gov. Brian Kemp signed into law a financial literacy provision that will call for all students in either 11th or 12th grade to take a half-credit course in financial topics such as budgeting and credit management. 
  • While Rate of Inflation Moderated in April, Prices Still Climbed Quickly
    May 11, 2022
    A Consumer Price Index report released Wednesday by the U.S. Bureau of Labor Statistics  indicates that annual inflation  in April moderated for the first time in months, but there are some troubling indicators. Prices increased by 8.3 percent for the 12 months ending April, a smaller increase than the 8.5-percent figure for the period ending in March. 
  • Congress Confronts Approaching Expiration of Several TCJA Provisions
    May 10, 2022
    As provisions of the Tax Cuts and Jobs Act (TCJA) of 2017 approach their expiration dates, Congress has to make decisions about which ones to extend. Congressional Republicans passed the TCJA, using familiar budget strategies, including setting many provisions to expire in a few years and scheduling some taxes to increase. Their expectation was that future members of Congress would extend the popular provisions and repeal the unpopular ones. 
  • Study: IRS Has Ability to Accurately Autofill Over 40 Percent of Individual Tax Returns
    May 9, 2022
     A study by the National Bureau of Economic Research has found that the IRS has the capability to accurately autofill between 62 and 73 million individual returns (41 to 48 percent of them) using only current-year information returns and the prior-year return. The study’s authors used a random sample of 344,400 individual income tax returns for 2019 constructed by the Statistics of Income Division of the IRS.  

TaxStringer

  • Cybersecurity Best Practices for Family Offices
    Apr 27, 2022
    Cyber risks and the resulting impacts are at an unprecedented high, with the potential to cause significant monetary and reputational damage. Today, cybercriminals seek out high-value entities that are perceived to have insufficient cybersecurity controls — making family offices prime targets.
  • The Unclear Status of Decentralized Finance (DeFi) Transactions
    Apr 27, 2022
    Blockchain technology and digital assets are blurring lines that were previously well established, such as the definitions of money, value, currency, investments, loans, and more. The rise of digital assets has created new types of business transactions never previously envisioned by regulators. Because of this, digital assets exist in a gray area for many accounting, tax, and regulatory issues.
  • COVID-19: Relationships and Financial Pressures
    Apr 27, 2022
    Coronavirus (COVID-19) has been a pandemic that has affected many aspects of our daily lives. One of the unfortunate results of the major changes to our lifestyle and economic impacts has been a surge in separations and divorces worldwide. According to Legal Templates, a company that provides licensed attorneys in the United States with legal form templates, there was a 34% increase of sales of its divorce agreements in the first half of 2020 alone, as compared to 2019.
  • Estate Tax Planning for NRNCs Using the Foreign Corporation
    Apr 27, 2022
    Lifetime gifts of U.S. intangibles by non-resident non-citizens (NRNCs) are exempt from gift tax. However, all U.S. situs assets, both tangible and intangible (unless falling within a limited exemption), are subject to estate tax. Those same assets held in a foreign corporation are excluded from estate tax.