What You Need To Know

Ethics CPE Regs Unchanged for 2018

Resources on: The Tax Cuts and Jobs Act

NYS Tax Department Extends 'No Applicable ID' Option for Driver's License Requirement

What Sole Proprietors and Small Firms Need to Know About the New Peer Review Law

 

Upcoming Events and Opportunities

taxreform
2018_Final_EFJ_awards
event-calendar-282-162-min

 



What's New at the Society?

New in 2017: 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 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

 
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 Hotline

 
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 March 2018 Issue on

CPAJournal.com

This month, we turn our attention to ethics, professional liability, and risk. The accounting profession has always questioned how best to safeguard its ethical principles. Steven Mintz provides some historical perspective to the subject. In his view, the past decades have seen CPAs’ increasingly entangled business relationships with clients conflict with their commitment to the public interest. He is critical of the profession’s recent attempts to mitigate such conflicts.

Read Now »

NextGen

The Trusted Professional

  • Spending on Accountants Rose $1B In One Year
    Apr 19, 2018
    The amount of money Americans spent on accounting services rose by $1 billion between 2016 and 2017.
  • PCAOB Seeking Input for New Strategic Plan
    Apr 19, 2018
    The Public Company Accounting Oversight Board (PCAOB) is seeking stakeholder input as it prepares its new strategic plan, the first that will be developed under its new roster of board members. 
  • Study: Accounting-Related Class Action Suits Rose to Record Levels
    Apr 18, 2018
    A recent report from a financial and economic consulting company says that the number of securities class action lawsuits related to accounting issues reached unprecedented levels in 2017, driven primarily by M&A activity. 
  • Following Major Technical Problems, IRS Grants Extra Day to File
    Apr 18, 2018
    Taxpayers across the country found themselves frustrated yesterday as key portions of the IRS website crashed, leaving many unable to pay or even file their taxes. In response, the IRS announced that it will be adding one more day to the deadline, meaning that people have until the end of today to sort out their taxes. 
  • Regulatory Roundup: April 11-17
    Apr 17, 2018
    With so many regulators out there, it can be tough to keep track of all the decisions being made. This is the NYSSCPA’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.

TaxStringer

  • 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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  • Self-Employment Tax for Partnerships, LLC and LLP Members
    Mar 28, 2018
    The advent of the Tax Cuts and Jobs Act of 2017 has started to affect the entity structures that taxpayers choose for their businesses. Some practitioners are recommending an expanded use of C corporations while others are recommending maximum utilization of the qualified business income (QBI) deduction. 
  • PFICs: Current State of Affairs
    Mar 28, 2018
    Passive Foreign Investment Companies (PFICs) are still alive and kicking! The new law made only one structural change to the PFIC regime: limiting the PFIC insurance exception. 
  • New York’s Corporate Nexus & Apportionment Rules—Review & Update (Part 2 of 2)
    Mar 28, 2018
    We’re back to continue our discussion regarding the implementation and development of New York’s 2015 corporate tax reform.  Even though the law is nearly four years old, both tax practitioners and tax administrators struggle to provide form to the framework created by the new law. 
  • The New Qualified Business Income Deduction Under IRC Section 199A
    Mar 28, 2018
    Public Law 115-97 (the Act) provided a significant benefit to corporate taxpayers. While the highest marginal corporate tax rate was previously 35%, corporations now face only a flat 21% tax. In an attempt to provide parity for non-corporate taxpayers, the Act introduces a new IRC section 199A, which provides a 20% deduction for qualified business income earned by individuals, trusts, and estates.