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 February 2019 Issue on

CPAJournal.com

Our coverage focuses on what the major regulators and standards setters who spoke at the conference have to say about their current agendas. All evinced a desire to work together, but even when devising solutions to common problems, different entities have implemented somewhat different solutions—see the discussion about the differences between the IAASB's key audit matters and the ASB's critical audit matters, for example.The new audit report epitomizes the current reexamination of the status quo in a continuing effort to improve audit quality and prevent future audit failures. Most of the speakers also stressed the importance of listening to their user constituencies. 


Read Now »
  • NYSSCPA Past President Sharon Sabba Fierstein Looks Back on How the Profession Has Changed for Women
    Mar 15, 2019

    This year, Ita M. Rahilly will become the 100th president of the NYSSCPA, and its eighth female president since the Society was founded over a century ago. Her installation will take place during a time of rapid change for both the profession and the business world as a whole, particularly when it comes to the growing role of female leaders in the workplace. To kick off the year of the 100th president, The Trusted Professional has been interviewing some of the past female Society presidents about their own experiences navigating what has historically been a male-dominated profession, how things have changed, and how they’ve stayed the same. Here's the Q&A with Sharon Sabba Fierstein, who served from 2008 to 2009.

  • PCAOB Informs Audit Committees of Inspection Priorities for 2019
    Mar 15, 2019
    The Public Company Accounting Oversight Board (PCAOB) has released its 2019 Staff Inspections Outlook for Audit Committees, which outlines the board's priorities for the coming year. 
  • Study: Half of All Inside Trading Gains Over Four Years Can Be Linked to Just Five Traders
    Mar 15, 2019
    A recent study has found that, of all the known illicit insider trading profits generated between 2011 and 2015, more than half can be attributed to just five traders, with the rest having made rather modest sums in comparison. 
  • Basel Committee Warns Banks to Keep Risks in Mind Before Embracing Cryptocurrencies
    Mar 14, 2019
    The Basel Committee on Banking Supervision, a standards-setting body composed of banking regulators around the world, advised caution before banks step more firmly into the cryptocurrency realm, saying there needs to be a robust risk management framework to mitigate potential downsides. 
  • Pair of Bills Introduced Take Aim at Offshore Tax Havens
    Mar 14, 2019
    Seeking to discourage multinational corporations from skirting tax obligations, Rep. Lloyd Doggett (D-Texas) Sen. Sheldon Whitehouse (D-R.I.) have introduced a pair of bills that would strip many of the benefits companies receive by moving money through lower tax jurisdictions. 
  • 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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  • Structuring a Transaction: Ways to Minimize Income Tax Implications for Sellers
    Feb 28, 2019

    Most taxable sale transactions are typically structured in one of three ways: asset sale, stock sale, or stock sale with a Sec. 338(h)(10) election. Each of these structures provides certain advantages to the buyer or seller. Below we’ll discuss the nuances of each structure and the importance of the allocation of the sales price. 

  • New Jersey Tax Update
    Feb 28, 2019

    On July 2, 2018, the New Jersey Legislature passed—and Governor Phil Murphy signed—his first budget. This budget was designed to move New Jersey in a new direction as envisioned by the new Governor. The budget bill contains tax increases, tax breaks, and a host of other provisions.

  • New York State Sales Tax Audits
    Feb 28, 2019
    Every New York business should be concerned about a potential sales tax audit. The result could be expensive and time consuming, and could also expose the owners of the business to personal financial responsibility. This article will discuss some of the various ways businesses can be selected for audit, and the areas where auditors are likely to focus. Knowing these factors may assist CPAs in limiting audits and liability for their clients.
  • Connecticut’s Response to the Tax Cuts and Jobs Act of 2017 (Part II)
    Feb 28, 2019

    This article is the second in a two-part series about Connecticut’s Response to the Tax Cuts and Jobs Act of 2017 (the “New Federal Tax Act”). To read the first part published in the February 2019 TaxStringer, which summarized the provisions of Connecticut’s new pass-through entity tax, please click here.  This second part of the series summarizes the remaining significant provisions of the new Connecticut legislation that was adopted in response to the New Federal Tax Act.