Latest Articles

  • Attorneys Predict Divorces to Become More Acrimonious in Wake of New Tax Law

    By:
    Chris Gaetano
    |
    Feb 16, 2018
    A survey of matrimonial attorneys has found that most believe that a provision of the tax bill the Republicans passed in December will make divorce, already not exactly a harmonious process, even more acrimonious. 
  • Demand for Financial Advisers Outpacing Supply

    By:
    Chris Gaetano
    |
    Feb 15, 2018
    Using Bureau of Labor Statistics forecasts, trade and professional association data, graduation rates, and its own database of job listings, CareerCast.com has said that there are more openings for financial advisers than there are qualified people to fill them. 
  • U.S. Bank Settles $613 Million Over Severely Flawed Anti-Money Laundering Program

    By:
    Chris Gaetano
    |
    Feb 15, 2018
    U.S. Bank, one of the largest banks in America, has agreed to a $613 million settlement over allegations that, despite repeated warnings, its anti-money laundering program was woefully insufficient against detecting and reporting suspicious transactions. 
  • President Calls for Additional Oversight of Paid Tax Preparers, Specific Plan Forthcoming

    By:
    Chris Gaetano
    |
    Feb 14, 2018
    The president, in his budget proposal document, has called for additional powers for the IRS to oversee paid tax preparers. 
  • Study Posits Direct Link Between Soft Skills, Productivity

    By:
    Chris Gaetano
    |
    Feb 14, 2018
    A recent study has found that Indian garment workers who received soft skills training were more productive than those who did not, suggesting a direct link between the two phenomena. 
  • Well-being Stalls or Worsens Across the Country

    By:
    Chris Gaetano
    |
    Feb 13, 2018
    A Gallup survey has found that general well-being across the U.S. has stalled or, in some cases, even gotten worse. 
  • NY Governor's Proposed Payroll Tax Would Be Opt-In

    By:
    Chris Gaetano
    |
    Feb 13, 2018
    New York Governor Andrew Cuomo has formally proposed a set of budget amendments that, among other things, would create an optional payroll tax on employers as a way to blunt the impact of the federal SALT deduction cap. 

     

  • Regulatory Roundup - Feb. 7-13

    By:
    Chris Gaetano
    |
    Feb 13, 2018
    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 ‚Äč‚Äčannouncements from the past week, and puts them in one place to help you stay on top of the issues.
  • Share of Millennials With Zero Savings Grew

    By:
    Chris Gaetano
    |
    Feb 12, 2018
    A recent survey has found that the share of millennials with zero savings at all has grown from 31 percent in 2016 to 46 percent in 2017. 
  • Missing Oxford Comma Means Court Victory for Dairy Drivers

    By:
    Chris Gaetano
    |
    Feb 12, 2018
    A Portland, Maine-based dairy company has agreed to a $5 million settlement with its drivers, ending a months-long court battle that hinged upon an absent comma in the relevant law.