Latest Articles

  • Regulatory Roundup - Dec. 1-7

    By:
    Chris Gaetao
    |
    Dec 7, 2020
    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.     
  • Former Senator Paul Sarbanes, Co-Author of SOX, Dies at 87

    By:
    Chris Gaetano
    |
    Dec 7, 2020
    Former Maryland Democratic Senator Paul Sarbanes, who, along with former Ohio Republican Representative Michael Oxley, wrote the famous legislation bearing their names, has died at the age of 87.
  • Gov. Cuomo To Sign Executive Order to Revive, Expand Renter Relief

    By:
    Chris Gaetano
    |
    Dec 7, 2020
    New York Gov. Andrew Cuomo announced plans to revive and expand the state's rent relief program in response to rising infection numbers and falling economic fortunes.
  • House Passes Bill That Would Decriminalize Cannabis

    By:
    Chris Gaetano
    |
    Dec 7, 2020
    The House of Representatives voted to approve a bill that would decriminalize cannabis and expunge nonviolent cannabis-related convictions.
  • Stimulus Measures Find New Momentum

    By:
    Chris Gaetano
    |
    Dec 3, 2020
    A bipartisan $900 billion stimulus bill is gathering support, fanning hopes that the government will provide relief before the year-end benefits cliff arrives.
  • Chinese Companies Preparing to Leave U.S. Exchanges Ahead of Possible New Audit Rules

    By:
    Chris Gaetano
    |
    Dec 3, 2020
    People's Republic of China-based companies listed on U.S. exchanges have been setting up secondary listings in Hong Kong, as it becomes more likely that they need to undergo audits compliant with Public Company Accounting Oversight Board (PCAOB) regulations.
  • Survey: Large Majority, 68 Percent, of Telecommuters Work on Weekends

    By:
    Chris Gaetano
    |
    Dec 3, 2020
    Contrary to the hit 1980s single by Loverboy, not everybody is working for the weekend, but 68 percent of remote workers are working during it, according to a recent survey.
  • SASB and IIRC Announce Merger

    By:
    Chris Gaetano
    |
    Dec 3, 2020
    The Sustainability Accounting Standards Board (SASB) and the International Integrated Reporting Council (IIRC) announced their plans to merge into one organization, which will be called the Value Reporting Foundation.
  • More Than Half of PPP Funds Went to Large Businesses

    By:
    Chris Gaetano
    |
    Dec 2, 2020
    Despite being touted as a lifeline to small businesses, newly released data from the Small Business Administration shows that more than half of the Paycheck Protection Program funds went to big businesses instead.
  • IRS to Introduce Multifactor Authentication on All 2021 Online Tax Prep Products

    By:
    Chris Gaetano
    |
    Dec 2, 2020
    The IRS has announced that, in an effort to reduce fraud and identity theft, all online tax products will now have multifactor authentication.