Latest Articles

  • IRS Mandates Electronic Filing for Form 1024

    By:
    Chris Gaetano
    |
    Jan 4, 2022
    The IRS announced that the Form 1024, which is how most organizations apply for tax-exempt status, must now be filed electronically. 
  • NYC Mayor Eric Adams Takes Office, Keeps in Place Vaccine Mandate

    By:
    Chris Gaetano
    |
    Jan 3, 2022
    Eric Adams, a former New York Police Department captain, was officially sworn in as the new mayor of New York City on Jan 1. The new mayor said he plans to keep in place most of the pandemic policies that were set by his predecessor, Bill de Blasio, including one of the strictest vaccine mandates in the nation.
  • Draft Amendments to Bylaws: Request for Comment

    By:
    NYSSCPA Staff
    |
    Jan 3, 2022

    Last year, the Governance Committee received feedback from a few members requesting the opportunity to comment on proposed bylaw changes.  We have taken that request to heart. This year, the Governance Committee has drafted a few additional amendments for consideration.  Please note that these amendments have not been approved by the Board of Directors, and are therefore subject to change.  We are currently collecting comments from the Board, and now provide our members with an opportunity to comment as well. Comments should be addressed to A’Isha Torrence, Governance Committee Chair, at aisha.torrence@ahrcnyc.org, and should be sent no later than Jan. 31, 2022. 

  • IRS, For Now, Plans to Revert to April Tax Deadline

    By:
    Chris Gaetano
    |
    Jan 3, 2022
    After two years of extending the tax filing date beyond mid-April, the IRS plans to revert to the default April tax deadline in 2022. 
  • Regulatory Roundup - Dec. 14 - Jan. 3

    By:
    Chris Gaetano
    |
    Jan 3, 2022
    With so many regulators out here, 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 Extends Hurricane Ida Relief Until Feb. 15

    By:
    Chris Gaetano
    |
    Dec 23, 2021
    The IRS has further extended its filing relief for those who have been affected by Hurricane Ida. 
  • Study: Face-to-Face Talking Most Effective Work Communication

    By:
    Chris Gaetano
    |
    Dec 23, 2021
    A recent study has found that if you want something done, it's best to simply go see people in person and ask them. 
  • DEI in the CPA Profession—Past, Present and Future

    By:
    Rumbi Bwerinofa-Petrozzello
    |
    Dec 23, 2021
    On Oct. 27, I gave a speech for the Accountants Club of America titled, “Diversity, Equity and Inclusion in the CPA Profession—Past, Present and Future.” What follows is an excerpt from that speech.
  • CEO Joanne Barry, Who Will Retire in May 2022, Reflects on Her 40-Year Tenure at the Society

    By:
    Chris Gaetano
    |
    Dec 23, 2021

    In early October, NYSSCPA Executive Director and CEO Joanne S. Barry publicly announced her intention to retire in May 2022, at the conclusion of the current fiscal year. Barry has served as executive director and CEO since January 2010. She has been named to Accounting Today’s Top 100 Most Influential People in Accounting list since 2012, and to CPA Practice Advisor’s Most Powerful Women in Public Accounting list since 2015. Throughout Barry’s 40-year tenure at the Society, she has also served as the executive director of the Foundation for Accounting Education, Inc., and The Moynihan Scholarship Fund, Inc., and as treasurer for the CPA Political Action Committee. Barry took the time to share with The Trusted Professional her reflections about her long tenure at the NYSSCPA and the many changes and challenges that she led the Society in navigating. 

  • Companies Begin Implementing Booster Mandates

    By:
    Chris Gaetano
    |
    Dec 22, 2021
    With the Omicron variant raging across the world, a growing number of companies are requiring their employees to get booster shots on top of other vaccines they've already received