New York news

A&A

Bramwell’s Lunch Beat: Bad Grade for Audits

Here are “Bramwell’s Lunch Beat” menu items for January 27.
Tax

Bramwell’s Lunch Beat: Municipality's Boot Stipend Under Review by IRS

Here are “Bramwell’s Lunch Beat” menu items for January 16.
Tax

Bramwell's Lunch Beat: Could Wyden Replace Baucus as Top Tax Writer?

Here are "Bramwell's Lunch Beat" menu items for December 23.
A&A

Demand for 'CPA Sleuths' on the Rise

In today's increasingly litigious society, there's certainly no shortage of lawsuits or the lawyers needed to negotiate those proceedings. There's a new player emerging as an indispensable part of many attorneys' legal teams: the forensic accountant.
Tax

What a Difference a State Makes for Baseball All-Star Robinson Cano

It's official. New York Yankee Robinson Cano will soon switch coasts as a result of the contract that he signed with the Seattle Mariners. Both teams wanted the five-time All-Star second baseman, and both made nice offers.
Tax

Bramwell's Lunch Beat: Happy Fed Day!

Here are "Bramwell's Lunch Beat" menu items for December 18.
A&A

Bramwell's Lunch Beat: Healthy Books Boost Herbalife Shares

Here are "Bramwell's Lunch Beat" menu items for December 17.
Community News

CFOs More Likely to Outsource Accounting and Finance Projects

Areas of general accounting and finance – including forecasts and budgets, financial reporting, and mergers and acquisitions – were cited by more than half of CFOs as projects they would likely outsource to financial consultants and interim managers in the next twelve months, according to a recent survey.
Tax

Crime Watch: December 13, 2013

Rathana Ung, the former director and officer of Lim's Income Tax and Lim's Tax, Inc., was sentenced to twelve months and a day imprisonment, one year of supervised release, and ordered to pay $103,736 in restitution to the IRS.
Community News

Resnick Druckman and WeiserMazars Complete Merger

New York City-based accounting, tax, and advisory service firm WeiserMazars LLP recently completed a merger with The Resnick Druckman Group LLC, a full-service accounting, tax, and consulting firm with offices in New York City and Long Island, New York.
A&A

Bramwell's Lunch Beat: Seidman Lands at Pace University

Here are "Bramwell's Lunch Beat" menu items for December 12.
A&A

Survey Finds CPAs Have a Bleak View on US Economy for 2014

CPAs in New Jersey, New York, and Pennsylvania believe economic conditions will likely be the same one year from now. While they predict higher business revenues for their states next year, they do not have the same optimism for workforces.
Tax

Bernie Madoff Employees on Trial as Assistant Scammers

The name Bernie Madoff probably rings a bell. It has also been known to set off a few whistles and sirens. His well-publicized crime masterminded the biggest Ponzi scheme ever recorded.
Practice

CPA Firms FMRTL and O'Connor Davies to Merge January 1

Cranford, New Jersey-based CPA firm Fazio, Mannuzza, Roche, Tankel, LaPilusa, LLC (FMRTL) will merge with New York-based full-service CPA firm O'Connor Davies, LLP effective January 1, 2014.
A&A

New FAF Microsite Celebrates Forty Years of the FASB

In commemoration of the fortieth anniversary of the FASB, the FAF unveiled a new section of its website that features audio, transcripts, and photos from the FASB@40 Conference that was held September 12.
Tax

Crime Watch: November 1, 2013

Vernon Harrison of Montgomery, Alabama, was sentenced to 111 months in prison, three years of supervised release, and ordered to pay $82,791 restitution for his role in a stolen identity refund fraud scheme. Harrison is a former US Postal Service mail carrier.
Tax

Stephen Baldwin Chips Away at His Tax Debt

Last March when actor Stephen Baldwin made a plea deal in New York's Rockland County Court, he committed to paying off his back taxes within one year.
Technology

Xero Raises $150 Million to Fund US Expansion

New Zealand-based online accounting software provider Xero said on October 13 it has raised $150 million to fund a major expansion in the United States.
Tax

Tom Hanks Flees NYC before the Tax Bug Bites

It must be a pain to be wealthy and famous. Most people who enter a state on business can slip in, do a deal, and go on home without drawing the unwanted attention of the IRS. But for Tom Hanks, it's not so easy.
Tax

Crime Watch: September 26, 2013

A New York man admitted his role in one of the largest credit card fraud schemes ever charged by the Justice Department. He and a coconspirator caused more than $200 million in confirmed losses to businesses and financial institutions.

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