Latest Articles

  • Biden Extends Eviction Moratorium Through Oct. 3

    By:
    Chris Gaetano
    |
    Aug 4, 2021
    President Joe Biden, via executive order, extended the CDC's eviction ban through October, but admitted that, given a recent Supreme Court decision, it may not pass constitutional muster. 
  • 3 NYSSCPA Members Named to List of Most Powerful Women in Accounting

    By:
    Chris Gaetano
    |
    Aug 4, 2021
    Three NYSSCPA members are on the list of Most Powerful Women in Accounting compiled by the AICPA and CPA Practice Advisor. 
  • As Vaccine Mandates Grow More Common, NYC Will Require Proof for Certain Indoor Activities

    By:
    Chris Gaetano
    |
    Aug 3, 2021
    New York City Mayor Bill De Blasio has declared that both employees and customers of the city's indoor gyms, restaurants and entertainment venues must soon provide proof of vaccination, the latest in a growing list of mandates sweeping both the government and private sector. 
  • Survey: Most Workers Would Rather Take Pay Cut Than Return to Office

    By:
    Chris Gaetano
    |
    Aug 3, 2021
    While many companies (until recently) had been touting their back-to-the-office plans, many workers have reacted not with relish but with dread, which could be why the majority of employees in a recent poll said they'd rather take a pay cut than go back to their old lives. 
  • Senate Infrastructure Bill to Get Funds by Ending Employee Retention Credit Early

    By:
    Chris Gaetano
    |
    Aug 2, 2021
    The U.S. Senate, after a working through the weekend, has released a draft text of the massive infrastructure package. The plan now includes money saved by ending the CARES Act's Employee Retention Credit earlier than planned, among other things, to fund its many provisions. 
  • Justice Department Orders Treasury to Send Trump Tax Returns to Congress

    By:
    Chris Gaetano
    |
    Aug 2, 2021
    The Department of Justice has determined that the Treasury Department can indeed send Donald Trump's tax returns, which he spent years fighting tooth and nail to keep private,  to the House Ways and Means Committee. 
  • Regulatory Roundup - July 27 to Aug. 2

    By:
    Chris Gaetano
    |
    Aug 2, 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.
  • IRS Expands Scope of Vaccination Leave Credit

    By:
    Chris Gaetano
    |
    Jul 30, 2021
    The IRS has released new guidance saying that a previous credit created to incentivize employers to let workers take time off to get vaccinated has been expanded to include those who need to take care of loved ones getting vaccinated too. 
  • SEC to Seek New Disclosures for Chinese Companies

    By:
    Chris Gaetano
    |
    Jul 30, 2021
    The Securities and Exchange Commission (SEC) will seek new disclosures about Chinese firms that enter U.S. exchanges through variable interest entities (VIEs) to ensure that investors know they're really dealing with a shell corporation rather than the operating company in China. 
  • Infrastructure Package Passes Key Senate Vote, Includes New Reporting Requirements for Cryptocurrency

    By:
    Chris Gaetano
    |
    Jul 29, 2021
    The massive infrastructure package proposed by the White House cleared a key hurdle Wednesday night, as the Senate, by a 67-32 vote, which included 17 Republicans, approved $550 billion in new federal spending, the particulars of which had snarled negotiations for weeks and prevented a wider vote on the overall $1 trillion package.