Latest Articles

  • Chinese Bank Issues First-Ever Bonds That Can Be Bought With Bitcoin

    By:
    Chris Gaetano
    |
    Nov 11, 2020
    For the first time ever, investors can pay for a bond using the digital currency Bitcoin.
  • IRS Proposed Guidance Would Exempt Partnerships, S Corps, from SALT Deduction Cap

    By:
    Chris Gaetano
    |
    Nov 10, 2020
    The IRS proposed that the $10,000 cap on state and local tax (SALT) deductions, imposed as part of the Tax Cuts and Jobs Act, not apply to partnerships and S corporations as they do to other taxpayers.
  • Ranks of Long-Term Unemployed Grew by Nearly 50 Percent From September to October

    By:
    Chris Gaetano
    |
    Nov 10, 2020
    Recent data from the Bureau of Labor Statistics shows that the number of those who have been without a job for for at least 27 weeks has grown by nearly 50 percent from September to October, a major increase.
  • Fed Says COVID-19 Remains Major Economic Risk

    By:
    Chris Gaetano
    |
    Nov 10, 2020
    A recent report by the Federal Reserve says that the pandemic remains one of the most significant risks to the financial system, and that it must be addressed through further government action.
  • Stocks Surge to Record Highs

    By:
    Chris Gaetano
    |
    Nov 9, 2020
    Stocks have reached record heights, more than making up their previous losses. 
  • Regulatory Roundup - Nov. 3-9

    By:
    Chris Gaetano
    |
    Nov 9, 2020
    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.     
  • Accounting Appreciation Day is Tomorrow

    By:
    Chris Gaetano
    |
    Nov 9, 2020
    Nov. 10 is Accounting Appreciation Day, when the world celebrates the accounting professionals who keep business moving.
  • Demand for .CPA Web Sites Temporarily Overwhelms System

    By:
    Chris Gaetano
    |
    Nov 9, 2020
    There is a great deal of interest among accounting professionals in registering a website with the new .cpa top level domain, as a recent surge in demand temporarily overwhelmed the AICPA's systems.
  • Nomination for Society's Board of Directors Due Dec. 31

    By:
    Trusted Professional Staff
    |
    Nov 6, 2020

    Are you interested in serving on the Society's Board of Directors? The Society’s Nominating Committee is accepting submissions of interest by members to fill key leadership positions on the NYSSCPA’s Board of Directors. Terms begin on June 1, 2021. The deadline to submit a nomination is Thursday, Dec. 31, 2020.

  • All PPP Borrowers, Plus Loan Amounts, Must Be Made Public, Judge Rules

    By:
    Chris Gaetano
    |
    Nov 6, 2020
    U.S. District Judge James Boasberg of the D.C. District Court has ordered the Small Business Administration to disclose the names and precise loan amounts of all Paycheck Protection Program (PPP) borrowers, not just the ones with loans over $150,000.