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Spanning more than six million acres with over 100 welcoming communities, the Adirondack Region is home to the largest protected natural area in the lower 48 states. Like a patchwork quilt, the Adirondacks are made up of twelve distinct regional destinations, each offering their own brand of Adirondack adventure. From the endless canoeing and kayaking in the Saranac Lake and Tupper Lake regions, to the extensive hiking trails of the High Peaks Wilderness in the Lake Placid Region - discover an area as diverse in geography as it is in activities and events. Bicycle between wineries on the Adirondack Coast, or dive to sunken shipwrecks in the Adirondack Seaway near the Canadian Border. You're invited to explore the Lake George Region's family-friendly attractions and discover the Adirondack Tug Hill Plateau's one-of-a-kind recreation opportunities.
 
The Adirondack Region is one of the most diverse destinations on the East Coast, offering unparalleled outdoor recreation throughout its dazzling lakes, wild mountains, and charming towns and villages. Established in 1892 by the State of New York amid concerns for the water and timber resources of the region, the Adirondack Park today covers an area larger in size than Yosemite, Yellowstone, Glacier, Grand Canyon and the Great Smokies National Parks combined, and is the largest park in the lower 48 states.

Adirondack Chapter hosts successful CPA-CA event with Canadian association

By Barbara L.  Montour  |  Adirondack Chapter President

As we are in the midst of another tax season—and a long Adirondack winter, may I add—I hope you are able to take a break, even a small one, and recharge the brain.  

The tax season was clearly a challenging one, as a result of the tax reform changes. The first change I recall was making sure my printer was working properly, as the 1040 tax forms were clearly different. Some changes were long needed, and some required more effort and were certainly taxing on the taxpayer.

The Financial Accounting Standards Board (FASB) also implemented major changes to the not-for-profit statements.  The presentation is easier for the reader: It brings restricted spending and assets to the forefront. This should help the nonfinancial professional board member understand not-for-profit spending and cash flow. I’ve been on not-for-profit boards, or served them in a consulting capacity, where board members had difficulty understanding why the organizations were so cash strapped when they had large cash balances. A restricted column on the statements should clearly help with that understanding. 

So far, 2019 has clearly been a year of many changes for our profession. 

The Adirondack Chapter recently held its fourth successful biannual International CPA-CA gathering with our local Stormont, Dundas and Glengarry (SD&G) Chartered Accountants Association from Ontario, Canada. Our own Adirondack Chapter member Nathan Farkas presented “Tax Cuts and Jobs Act: Impact on Americans Abroad and Non-U.S. Residents,” and Tim Bloos from MNP LLP presented “Taxation of U.S. Businesses Operating in Canada.” The gathering was held at the Akwesasne Mohawk Casino Resort in Akwesasne (my hometown). 

We concurred that January is most likely not the best time to host a conference in northern New York, so our next international conference will be in September 2020. 

The Adirondack Chapter will be hosting our organizational meeting in late May to early June. Further details will be posted on the chapter’s webpage, at nysscpa.org/membership/chapters/adirondack. If you are interested in getting involved and not sure how, this meeting would be a great starting point. I look forward to seeing more people, even if you just want to come and listen in.  Our terms of office are two years, and elections and new terms begin on even years. Current officers remain in place for another year. As always, we look forward to seeing our chapter members. 

I have been a member of the NYSSCPA since 2003 and actively involved in both the Adirondack Chapter and the Society for the past 15 years.  I grew from a young chapter representative to an NYSSCPA Board member and served two terms as chapter president; this voluntary service to our profession can be demanding at times, but overall it has been rewarding and, more importantly, a learning experience. I encourage everyone to get involved at some level, as our profession will only become more valuable with more of us working together.

mohawkcpa@icloud.com

 

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Chartered June 1, 2001, this chapter encompasses the following counties: 
Clinton, Essex, Franklin, Saint Lawrence, and Warren

The NYSSCPA congratulates our Adirondack chapter in celebrating its 15th anniversary!
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