Latest Articles

  • Talk of Returning to Office Exposes Rift Between Bosses, Workers

    By:
    Chris Gaetano
    |
    Apr 27, 2021
    Recent surveys have found that while many business leaders are eager for everyone to return to the office, their employees are significantly less enthused.
  • AICPA and NASBA to Unveil Model Curriculum for CPA Evolution

    By:
    Chris Gaetano
    |
    Apr 27, 2021
    The AICPA and the National Association of State Boards of Accountancy have announced plans to unveil a model curriculum for educators to prepare students for the new CPA Evolution initiative which will, among other things, create major changes in the certification exam.
  • Regulatory Roundup - April 20 to 26

    By:
    Chris Gaetano
    |
    Apr 26, 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.
  • Some Refunds Delayed as IRS Holds 29 Million Returns for Manual Processing

    By:
    Chris Gaetano
    |
    Apr 26, 2021
    The IRS Taxpayer Advocate's Office reported that the agency is holding on to about 29 million returns for manual processing, which will have the effect of delaying refunds across the country.
  • SEC Appoints Alex Oh, Anti-Corruption and FCPA Expert, as Director of Enforcement

    By:
    Chris Gaetano
    |
    Apr 26, 2021
    The Securities and Exchange Commission (SEC) has appointed a specialist in anti-corruption and Foreign Corrupt Practices Act (FCPA) matters, Alex Oh, as its new director of enforcement.
  • Workplace Vaccine Mandates on the Rise

    By:
    Chris Gaetano
    |
    Apr 26, 2021
    A growing number of workplaces have been requiring job candidates and existing employees get the coronavirus vaccine as a condition of employment.
  • White House Mulls Nearly Doubling Top Capital Gains Rate

    By:
    Chris Gaetano
    |
    Apr 23, 2021
    President Biden is considering making the top capital gains tax rate nearly double what it is today as a way to fund his proposed infrastructure project.
  • Study: Working From Home Resulted in 5 Percent Productivity Increase

    By:
    Chris Gaetano
    |
    Apr 23, 2021
    Despite negative views of remote work pre-pandemic, a recent study found that the mass migration to working from home has, on the whole, increased U.S. productivity by 5 percent.
  • Brooklyn Councilman Pleads Guilty to Tax Fraud

    By:
    Chris Gaetano
    |
    Apr 23, 2021
    New York City Councilman Chaim Deutsche—whose district encompasses  Brighton Beach, Gerritsen Beach, Gravesend, Manhattan Beach, Marine Park, Midwood, Plum Beach, and Sheepshead Bay—pleaded guilty to tax fraud connected to his real estate firm.
  • Webcast Speakers: Cannabis Legalization Passed, But Much Remains To Be Done

    By:
    Chris Gaetano
    |
    Apr 22, 2021
    A panel of speakers at a recent Foundation for Accounting Education webcast on April 21 said that New York's passage of the recreational cannabis legislation is only the beginning, as there remains much to be done for not only the government but business owners as well.