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 »
  • Beyond Pay: What Gen Z and Millennials Really Want
    May 12, 2025

    Deloitte's 2024 Gen Z and Millennial Survey gives a glimpse into two generations navigating a fast-changing workplace and making decisions that reflect their values. The worldwide survey contains responses from nearly 23,000 individuals in 44 nations, presents a picture of changing priorities.

  • Accounting Graduate Programs See Spike in Applications
    May 8, 2025
    Applications to U.S. master’s in accounting programs rose sharply in 2024, offering a hopeful sign for the profession’s ongoing talent shortage. 
  • The Workplace Agreement Isn’t Holding: What It Might Mean
    May 7, 2025
    When Amazon told employees in 2024 they’d need to be in the office five days a week instead of three, over 90% were unhappy with that change and more than 70% were thinking about quitting. 


  • SALT Cap Fight Stalls GOP Tax Plan
    May 13, 2025
    A couple of New York Republican lawmakers vowed to stop their party’s signature tax legislation if GOP leaders do not raise a proposed $30,000 limit on the federal income tax deduction for state and local taxes,.
  • FASB Clarifies Guidance for Identifying the  Acquirers in Business Combinations
    May 13, 2025
    On May 12, the Financial Accounting Standards Board (FASB) published an Accounting Standards Update (ASU) that refines the requirements that identify the accounting acquirer in FASB Accounting Standards Codification Topic 805, Business Combinations.
  • New York Lawmakers Finally Pass $254 Billion State Budget
    May 12, 2025

    On the evening of May 8, lawmakers from the New York State Assembly and Senate finally passed the state's fiscal year 2026 budget worth $254 billion, according to The New York Times.  Gov. Kathy Hochul noted that the budget's child tax credit expansions, increased school funding as well as other programs would make New York a more affordable place to live.

  • PCAOB Releases More Staff Videos to Guide Firms on QC 1000's Implementation
    May 12, 2025

    On May 9, the PCAOB posted a new set of staff presentation videos created to assist firms in implementing four areas of their quality control (QC) system under QC 1000, A Firm’s System of Quality Control.  

  • Regulatory Roundup: May 6-12
    May 12, 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.
  • Digital Assets: Past, Present, and Beyond
    Apr 29, 2025

    In the past few years, the digital asset industry has exploded both in growth and complexity. Just a few years ago, most digital asset holders would acquire a digital asset directly, anticipating it would appreciate. Now, with the growth of the digital asset derivatives market, such as futures, option products, and ETFs, a digital asset holder can invest in many more ways in this expanding industry. The ability to invest in a wide range of digital asset products brings several tax issues that must be considered.

  • Top 10 Social Security Filing Strategies
    Apr 29, 2025

    Social Security is one of the richest pension programs ever created. Most middle-income couples will receive over $1.4 million in eligible benefits over a 20-year retirement. Higher-income couples often receive $2 million or more over the same retirement period and can collect over $100,000 per year in combined benefits.

  • What Tax Practitioners Need to Know About the Proposed Amendments to Circular 230
    Apr 29, 2025

    On Dec. 20, 2024, the Treasury Department and the IRS released proposed regulations (REG-116610-20) to update Circular 230, which governs practice before the IRS. These amendments, if finalized, would have a substantial impact on attorneys, CPAs, enrolled agents, and other tax professionals who practice before the IRS. Understanding these proposed amendments is essential for tax practitioners to prepare for potential changes ahead.

  • 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.