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 June 2020 Issue on

CPAJournal.com

In the midst of the current coronavirus (COVID-19) pandemic and resulting mitigation efforts, many organizations have turned to technology to solve the problems that have arisen during the crisis. Working remotely has become the norm, but typical processes and procedures need to be adjusted, and in some cases, rethought, as a consequence. All fields of practice have been affected–accounting, auditing, taxation, financial planning, management, government, not-for-profits–albeit in different ways.

Read Now »
  • 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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  • Can New York State Audit Federal Tax Issues?
    Jun 29, 2020

    In a typical case, the IRS will audit federal tax issues, and when audit changes are made, it will notify New York State. With little additional work, New York will bill the taxpayer the amount of additional state tax resulting from these federal tax changes. Taxpayers are required to report the IRS audit changes on a New York State amended return within 90 days of the IRS notification, regardless of whether they receive a bill from the state.

  • Helpful Instructions for Filing Domestic and Foreign Voluntary Disclosures
    Jun 29, 2020

    In April 2020, the IRS quietly updated Form 14457. Previously called the “Offshore Voluntary Disclosure Letter,” the form’s name was changed to “Voluntary Disclosure Practice Preclearance Request and Application.” It had been used in conjunction with the Offshore Voluntary Disclosure Program (OVDP) that ended Sept. 28, 2018.

  • A Simple Fix to the “Retail Glitch”
    Jun 29, 2020

    With the recent passage of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, Congress enacted many tax provisions intended to lessen the economic harm caused by the coronavirus (COVID-19) outbreak. Among those changes was a fix for an issue known as the “retail glitch,” which arose from the last major piece of tax legislation, the Tax Cuts and Jobs Act (TCJA).

  • Tax Reform, the CARES Act, and Beyond: Hedge Fund Schedule K-1 for Individuals
    Jun 29, 2020
    In 2016, the authors’ article, “Deconstructing Hedge Fund Schedule K-1s for Individuals,” was published in the TaxStringer. It discussed hedge fund schedules K-1—but much has changed since then. This discussion will review how such changes have affected the presentation of hedge fund K-1s.