Latest Articles

  • Half of Renters Experience Housing Cost Burdens

    By:
    Chris Gaetano
    |
    Dec 15, 2017
    Nearly half of all renters spend more than 30 percent on of their incomes on rent, and a full 25 percent pay more than half. 
  • E&Y, Other Firms, Upping Recruitment of Workers with Autism, Other Disabilities

    By:
    Chris Gaetano
    |
    Dec 14, 2017
    Ernst and Young, along with other CPA firms, have been increasing their recruitment of people with disabilities, particularly those on the autism spectrum with in-demand skills like data analytics and raw mathematical ability. 
  • Households Spend $904 a Year on Credit Card Interest Alone

    By:
    Chris Gaetano
    |
    Dec 14, 2017
    Data from the Federal Reserve Bank of New York and the U.S. Census Bureau finds that credit card interest costs the average American $904 a year. 
  • SEC Appoints William D. Duhnke III to Chair PCAOB

    By:
    Chris Gaetano
    |
    Dec 13, 2017
    The Securities and Exchange Commission has appointed William D. Duhnke III, currently the staff director and general counsel for the Senate Committee on Rules and Administration, to chair the Public Company Accounting Oversight Board (PCAOB), replacing outgoing chair James Doty. 
  • Payroll Processors Worry There May Not Be Enough Time to Calculate Tax Bill Changes

    By:
    Chris Gaetano
    |
    Dec 13, 2017
    With Congress working to pass a massive tax reform bill before the end of this year, and with many of the provisions within that bill set to take effect at the beginning of next year, payroll processors warned legislators that there may not be enough time to calculate all the changes that would take effect, causing major disruption to hundreds of millions of workers. 
  • House and Senate Republicans Reach Accord on Tax Plan

    By:
    Chris Gaetano
    |
    Dec 13, 2017
    Republicans in the House and Senate have come to a tentative deal on the tax reform bill, with leadership saying a final vote could come as soon as Monday. 
  • Few Corporate Boards Are Majority Women, But Ones That Are Tend to Outperform Peers

    By:
    Chris Gaetano
    |
    Dec 12, 2017
    While, worldwide, there are few majority-female corporate boards, the ones that do exist tend to outperform their industry peers. 
  • Treasury Department Releases Page-long Analysis of Tax Plan,

    By:
    Chris Gaetano
    |
    Dec 12, 2017
    The Treasury Department released the long-awaited analysis of the Republican tax plan, which took the form of a one-page long document that essentially says the Joint Committee on Taxation is correct. 
  • NYS Tax Department Extends 'No Applicable ID' Option for Driver's License Requirement

    By:
    Chris Gaetano
    |
    Dec 12, 2017

    Just in time for the launch of the 2017 tax filing season, the New York State Department of Taxation and Finance (NYSDTF) confirmed on Dec. 8 that it will continue to allow tax practitioners e-filing returns with NYSDTF to click a “No Applicable ID” box if a client refuses to provide them with driver’s license information when they are preparing the client’s New York State income tax return. 


  • Regulatory Roundup: Dec. 6-12

    By:
    Chris Gaetano
    |
    Dec 12, 2017
    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.