News

 
  • Study: Big Four Fees Grow with Tenure

    By:
    Chris Gaetano
    |
    May 24, 2018
    A recent study has found that audit fees from Big Four firms grow the longer they're with a client. 
  • Finance Professionals on Average Got 4.3 Percent Raise in 2017

    By:
    Chris Gaetano
    |
    May 24, 2018
    Finance professionals in general got an average raise of 4.3 percent last year, with chief financial officer pay increasing by 5.7 percent in the same period. 
  • IRS Warns of Scammers Posing as Accounting or Professional Organizations

    By:
    Ruth Singleton
    |
    May 24, 2018
    The IRS has issued an alert to tax professionals about phishing emails that appear to come from accounting or professional organizations. The scammers behind these emails targeted, in particular, tax practitioners in Iowa, Illinois, New Jersey and North Carolina.
  • PCAOB Chief Auditor Martin Baumann to Leave at End of Month

    By:
    Chris Gaetano
    |
    May 23, 2018
    The Public Company Accounting Oversight Board (PCAOB) has announced that its chief auditor for 12 years, Martin Baumann, will leave the organization at the end of this month. 
  • Dodd-Frank Rollback Clears Congress, Goes to President

    By:
    Chris Gaetano
    |
    May 23, 2018
    With a 258-159 vote in the House of Representatives last night, Congress passed a bill rolling back many of the protections installed by the Dodd-Frank Act in the immediate aftermath of the 2008 economic crisis; the bill now goes to the president's desk for final signature. 
  • IRS Strongly Suggests Against Donating to a State Nonprofit to Mitigate SALT Deduction Cap

    By:
    Chris Gaetano
    |
    May 23, 2018
    The IRS issued a notice saying it plans to release guidance soon in response to efforts by several state governments to mitigate the impact of the $10,000 limit on state and local tax deductions. While specific policies are not mentioned in the notice, it implies that the IRS will not look kindly upon, specifically, people donating to a state-run nonprofit to claim a charitable deduction on federal taxes. 
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Press Room

  • NYSSCPA Announces Winners of 2018 Excellence in Financial Journalism Awards

    By:
    Maya Lindsay
    |
    May 17, 2018

    NYSSCPA Announces Winners of 2018 Excellence in Financial Journalism Awards

    NEW YORK — (May 17, 2018) — The New York State Society of Certified Public Accountants (NYSSCPA) is pleased to announce the winners of its 2018 Excellence in Financial Journalism Awards (EFJs).

    This award recognizes reporters from the national and local press whose work was published, posted or broadcast in 2017, contributed to a better and balanced understanding of business or financial topics. Winners were selected by a panel of judges comprised of NYSSCPA members and financial journalists, who ranked submissions on accuracy, quality and thoroughness of research as well as a fair and balanced representation of the topic. This year’s winners will be honored during a luncheon ceremony on June 8 at The Tribeca Grill in New York City.


  • Enter the 2018 Excellence in Financial Journalism Awards!

    By:
    Maya Lindsay
    |
    Feb 1, 2018

    NEW YORK – (Feb. 1 2018) – It’s about that time again! The Excellence in Financial Journalism Awards (EFJ) — honoring the best in business news journalism — is calling for submissions. Broadcast, print, radio and online news organizations and reporters can submit financial news stories that were published, posted or aired between Jan. 1 and Dec. 31, 2017. Business book authors and publishers can also enter this nationwide contest.

  • NYSSCPA's Trump Tax Reform Team of Accounting Experts Available for Interviews

    By:
    Maya Lindsay
    |
    Nov 2, 2017

    NEW YORK – (Nov. 2, 2017) – The U.S. House of Representatives released today its long-awaited tax reform bill, which includes major tax cuts, a new corporate tax rate, new tax brackets, and a deal on the state and local tax (SALT) deduction.

  • Long Island CPA Harold L. Deiters III Takes Helm of NY’s Largest CPA Group

    By:
    Michael Moi
    |
    Jun 15, 2017

    MELVILLE – (June 14, 2017) – Suffolk CPA, Harold L. Deiters III, a partner at Melville, Long Island, accounting and advisory firm, Baker Tilly, began his one-year term as President of the New York State Society of CPAs (NYSSCPA) June 1.

    Deiters takes the helm of the NYSSCPA as the organization pushes for legislation that would require peer reviews for all New York-based CPA firms, something only medium and large size firms have been required to do by law since 2011.

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