Members in the News

Death and Taxes

Accounting Today

I have a confession to make: I died two years ago. You wouldn’t know it if you’d met with me, traded e-mails or phone calls with me, or stopped by the New York State Society of CPAs’ office in that time, but according to the federal government, I left the ranks of the living in May 2013.

New York CPA Society to Host NextGen 2015 Skills Conference Friday

CPA Practice Advisor

Some of New York’s most ambitious young CPAs will gather in Midtown Friday for NextGen 2015, an annual interactive career development conference hosted by the New York State Society of Certified Public Accountants. The event’s theme - “Learn It Here, Make It Anywhere” – highlights some of  the soft skills lessons about office dynamics, communications, business etiquette and time management that the program, to be held at the Citi Executive Conference Center, 153 E. 53rd St.; will focus on.

NYSSCPA to host NextGen 2015 Conference on 7/31

Accounting Today

Some of New York’s most ambitious young CPAs will gather in Midtown Manhattan this Friday for NextGen 2015, an annual interactive career development conference hosted by the New York State Society of Certified Public Accountants. The event’s theme - “Learn It Here, Make It Anywhere” – highlights some of  the soft skills lessons about office dynamics, communications, business etiquette and time management that the program, to be held at the Citi Executive Conference Center, 153 E. 53rd St.; will focus on.

Summer financial makeover

WROC News 8

CPA Dave Young said summer is the perfect time to get your financial information organized Monday on News 8 at Sunrise. Young offered the following 10 steps to easy your money matters during the year's hottest days.

Using credit cards on vacation

WROC News 8

CPA Scott Adair discussed the use of credit cards during your summer vacation Monday morning on News 8 at Sunrise. Adair said while there are benefits to using credits cards in place of cash or checks while vacationing, he also discussed three considerations for credit card holders as well - calling your credit card company to alert them to your travel plans, be wary of foreign transaction fees, and make sure to take advantage of perks available through your credit card.

Art of Accounting: People Who Hold Themselves Back by Holding Back Others

Accounting Today

Many bosses hold back their subordinates without realizing they hold themselves back even more. I see this a lot. For myriad reasons bosses would restrict raises and bonuses for those immediately under them. Examples are a CEO in a not-for-profit kept raises to a minimum for the CFO; a bookkeeper gives low raises to her main assistant; and a manager at an accounting firm suggests low raises for his direct reports.

Saving money on vacation

WROC Rochester News 8

CPA Tom Walpole offered some tips for saving money while on vacation Monday on News 8 at Sunrise. Walpole said step one is setting a budget ahead of time.  That will help you keep a handle on costs.

Manlius-based CPA elected to NYSSCPA board of directors

Eagle News Online

The New York State Society of Certified Public Accountants (NYSSCPA) has elected Steven Stanek, Manlius-based CPA, to its board of directors. Stanek will represent the Syracuse Chapter on the board. He is a partner of Daley, LaCombe & Charette CPA's, located in Manlius and his three-year term began June 1.

Peer review program for CPA firms may get technology oversight

Buffalo Business First

The peer review process for public accounting firms may be in line for dramatic changes if an idea goes forward to implement real-time monitoring. Joseph Falbo, a partner at Tronconi Segarra & Associates LLP in Clarence, is president of the New York State Society of Certified Public Accountants.

Pulitzer Prize-winner unveils new tax program to incentivize investment

New York Business Journal

The journalist who won a Pulitzer Prize in 2001 for showing the inner-workings of the U.S. tax system unveiled a tax program of his own today to a group of about 200 members of the New York State Society of CPA’s. David Cay Johnston told the group gathered at the New York City Bar Association that his Prosperity Tax Program has the potential to benefit the working-class and provide resources for aspiring entrepreneurs.

Is Interest on a Minor's Bank Accounts Taxable?

The Nest

If you've set up a college savings account in your child's name, that interest is potentially taxable. The New York State Society of CPAs recommends a 529 or Coverdell account, which earns interest tax-free, rather than a regular bank account.

CPAs Weigh in on the Future of Peer Review

CPA Practice Advisor

The AICPA’s ambitious plan to revolutionize the 35-year-old peer review process with a near-real time engagement monitoring tool is being positioned to improve practice monitoring overall, but the New York State Society of Certified Public Accountants (NYSSCPA) has identified some aspects of that plan that need attention.

Art of Accounting: Advising Cheapskates

Accounting Today

Accountants get unusual views of human frailty and baseness of character. Most of our interactions are stimulating and propel us to growth, but some expose others’ weaknesses and extremely poor personal judgment. Three situations stand out. In one, the husband provided his wife with a stingy allowance to run the household and for her personal spending.

Avoiding bankruptcy

WROC News 8 Rochester

CPA Jacqueline Tepfer of EFP Rotenberg discussed why some celebrities go bankrupt while offering advice on how we can avoid similar mistakes Monday on News 8 at Sunrise. Tepfer said three of the most common reasons people go bankrupt are overspending, tax debt and poor money management skills.  

It’s not just crunching numbers

University at Buffalo

The University at Buffalo School of Management and the Foundation for Accounting Education of the New York State Society of Certified Public Accountants (NYSSCPA) collaborated to introduce minority high school students to career opportunities in the accounting profession during a five-day program. Twenty-one students from 15 area high schools attended the 10th annual Career Opportunities in the Accounting Profession (COAP) program, June 28-July 2, at the UB School of Management.

Local CPA receives award

The Garden City News

The New York State Society of CPAs- Nassau Chapter is proud to present Anthony Basile Ph.D., CPA with the Samuel B. Traum Award. The award is given annually to the individual who devotes their career to promote programs that assist women, minorities and students. In his way of giving back to the accounting industry and Hofstra University, his alma mater, he shares his knowledge of accounting to his students.

Local CPA receives award

The Garden City News

The New York State Society of CPAs- Nassau Chapter is proud to present Anthony Basile Ph.D., CPA with the Samuel B. Traum Award. The award is given annually to the individual who devotes their career to promote programs that assist women, minorities and students. In his way of giving back to the accounting industry and Hofstra University, his alma mater, he shares his knowledge of accounting to his students.

People on the Move in Buffalo

Buffalo Business First

Edward Arcara, president of Buffalo-based Edward L. Arcara, CPA PC, was elected a director-at-large by The New York State Society of Certified Public Accountants. His three-year term began June 1.

Money cards for teenagers

WROC News 8

CPA Matt Bryant discussed money card options available to teens instead of carrying cash Monday on News 8 at Sunrise. Bryant said there are three basic types of money cards: credit cards, debit cards and prepaid cards.  Each card is different but they all can be used in place of cash.

Art of Accounting: Top 10 Game Changers

Accounting Today

A number of single actions or happenings helped spur great success for me. There have been many, but here are some of the top ones that come to mind. The order is not significant—it is just how I wrote them.