Latest Articles

  • 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.
  • Fed to Hold Steady on Inflation, Asset Purchases, As It Reiterates Calls for Stimulus

    By:
    Chris Gaetano
    |
    Nov 6, 2020
    Federal Reserve Chair Jerome Powell said the central bank will continue its asset purchases and dovish inflation stance ,while, at the same time, he repeated calls for the government to pass a new stimulus measure for the sake of the economy.
  • DOJ Seizes Over $1 Billion Worth of Bitcoin Linked to 'Individual X'

    By:
    Chris Gaetano
    |
    Nov 6, 2020
    The U.S. Department of Justice (DOJ) announced that it has seized more than $1 billion worth of Bitcoin connected to someone known only as "Individual X."
  • U.S. DOL Reports 751,000 Initial Jobless Claims

    By:
    Chris Gaetano
    |
    Nov 5, 2020
    The U.S. Department of Labor reported that last week saw 751,000 initial jobless claims, a nearly identical figure to last week, indicating little change positive or negative.