Latest Articles

  • Study Finds 'Asset Gap' Has Grown Sixfold Since 1990s

    By:
    Chris Gaetano
    |
    Aug 18, 2021
    A recent study by the Economic Innovation Group, a think tank, has found that inequality, in terms of income from assets, has grown sixfold since the 1990s. 
  • Cryptocurrency Platform Offers Security Adviser Job to Its Hacker

    By:
    Chris Gaetano
    |
    Aug 17, 2021
    Poly Network, which recently was the victim of the largest cryptocurrency theft in history and one of the biggest overall, has offered the hacker a $500,000 reward plus a job as chief security adviser. 
  • SEC Accuses Education Company of Hiding Cyber Breach

    By:
    Chris Gaetano
    |
    Aug 17, 2021
    The Securities and Exchange Commission (SEC) charged that Pearson plc, a London-based education company that provides services to schools and universities, hid a cyber breach that involved the theft of millions of student records, including dates of births and email addresses.
  • Regulatory Roundup - Aug. 10-16

    By:
    Chris Gaetano
    |
    Aug 16, 2021
    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.
  • Food Stamp Program to See Historic Increase

    By:
    Chris Gaetano
    |
    Aug 16, 2021
    President Joe Biden announced a major increase in food stamp benefits, the biggest jump since the program was first implemented. 
  • Supreme Court Allows Eviction Cases in NY to Proceed

    By:
    Chris Gaetano
    |
    Aug 16, 2021
    The U.S. Supreme Court sided with a group of small landlords, many of whom own rent-stabilized properties, in allowing eviction lawsuits against tenants to proceed as planned in New York. 
  • Hackers Have Returned Almost All of the $600 Million in Cryptocurrency They Stole

    By:
    Chris Gaetano
    |
    Aug 13, 2021
    This week, hackers broke into a decentralized cryptocurrency platform and made off with about $600 million in digital assets, the largest such theft in the history of the industry. As of today, they have returned almost all of it, but with one hitch.
  • NYS Unleashes Wave of Audit Notices on Remote Workers

    By:
    Chris Gaetano
    |
    Aug 13, 2021
    Demonstrating that Albany's reach is longer than some may think, the New York State Department of Taxation and Finance has sent out thousands of audit notices to remote workers who the department believes ought to be paying more taxes to New York. 
  • Pelosi Says No House Vote on Infrastructure This Month

    By:
    Chris Gaetano
    |
    Aug 12, 2021
    While the Senate, through a 69-30 vote, approved the bipartisan massive infrastructure bill, Speaker of the House Nancy Pelosi (D-Calif.) said that her chamber will not be considering the spending package for at least a month, if not more. 
  • Poll: Most Workers Have Already Returned to Office Despite Delta Variant

    By:
    Chris Gaetano
    |
    Aug 12, 2021
    A recent poll by research firm Morning Consult has found that, despite the growing number of Delta variant cases, most office workers are already back at their desks, and most that aren't report no changes to their company's current plans, the New York Times
    reported