Latest Articles

  • Feds Bust Online Fraud Tool Bazaar, Linked to Half Billion in Damage From Users

    By:
    Chris Gaetano
    |
    Feb 8, 2018
    The Department of Justice indicted dozens of administrators, moderators and sellers connected with the online market Infraud, which acted as a one-stop shop for every cybercrime cliche out there. 
  • Tax Attorney To Be Nominated to be New IRS Head

    By:
    Chris Gaetano
    |
    Feb 7, 2018
    The administration plans to formally nominate California-based tax attorney Charles “Chuck” Rettig to head the IRS, who would replace acting head David Kautter. 
  • Revised UAA Offers New Rules for Retired CPAs, CPE, Foreign Credentials

    By:
    Chris Gaetano
    |
    Feb 6, 2018
    The AICPA and NASBA have released an updated version of the Uniform Accountancy Act (UAA), model legislation that serves as a guide for state regulators. The updated version allows for a new "Retired CPA" designation, removes the mutual recognition requirement for substantially equivalent foreign designations, and dramatically changes CPE standards. 
  • Federal Reserve Bank Grants Conditional Approval for Credit Union Serving Legal Marijuana Business

    By:
    Chris Gaetano
    |
    Feb 6, 2018
    The Federal Reserve Bank of Kansas has granted tentative approval for a credit union to serve professionals associated with Colorado's legal marijuana industry. 
  • Regulatory Roundup: Jan. 31-Feb. 6

    By:
    Chris Gaetano
    |
    Feb 6, 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.
  • IRS Identifies New Tax Scam

    By:
    Chris Gaetano
    |
    Feb 5, 2018
    The IRS has warned taxpayers and the CPAs who serve them to be on the lookout for a new scam that has a more legitimate appearance than many that have come before it. 
  • Study: Employee Engagement Doesn't Always Protect from Stress, Burnout

    By:
    Chris Gaetano
    |
    Feb 5, 2018
    A recent study from the Yale Center for Emotional Intelligence has found that employee engagement is not guaranteed protection against stress and burnout and, indeed, some of the most engaged employees are also the most harried and overextended. 
  • CEOs Brace Themselves for New Pay Ratio Rule

    By:
    Chris Gaetano
    |
    Feb 2, 2018
    CEOs are bracing themselves for the implementation of a new rule that requires that companies report the ratio between their pay and their rank and file workers. 
  • Study: Idleness Costs Companies $100B a Year

    By:
    Chris Gaetano
    |
    Feb 2, 2018
    A recent study has found that idle time at work when there's nothing to do costs about $100 billion to companies per year. 
  • Study: Standing Desks Burn About an Orange's Worth of Calories Per Day

    By:
    Chris Gaetano
    |
    Feb 1, 2018
    If you've got a standing desk, congratulations! A recent study has found you can eat one orange per day without any guilt, as standing for six hours burns about 54 calories.