New York news

Practice

Economic confidence rises in Q3; CFOs plan to hire

Chief financial officers are slowly but surely easing from the recession, and are finding new opportunities to hire, despite unemployment levels remaining historically high.
Practice Development

How to strengthen the CPA/attorney relationship

There’s nothing better than a warm referral – and most CPAs are always on the hunt for new sources. One great potential lead source that is often overlooked is the attorney who practices in areas that are complementary to your expertise.
Community News

Former KPMG Chairman Hanson dies at 84

Walter E. Hanson, former chairman of KPMG, died last month after a long illness at his home in Newport Beach, California. He was 84.
Practice Management

Do Millennials lack empathy?

Recently I was asked by a reporter to comment on some research studies concluding that Gen Y/Millennials (people approximately 31 and younger now) are much less empathetic to others than the generations coming before them.
Education & Careers

How to earn those last-minute CPE credits

Professionals nearing the end of their reporting period, who still need to accumulate a few CPE credits or fulfill their state’s requirements, should check their state society Web sites for course listings and discounts.
Community News

Company announcements: Week of October 18

Following is the latest roundup of firm news for the week of October 18, 2010.
Tax

Thomson Reuters customers gather for back-to-back tax and accounting conferences

The Tax & Accounting business of Thomson Reuters will host more than 2,000 customers at two user conferences this fall – one for its professional tax and accounting firm customers on October 27 and another for corporate tax department and trust tax customers on November 1.
Practice

Slightly higher salaries projected as key roles prove challenging to fill

With some signs pointing to a slight uptick in financial hiring, compensation for accounting and finance professionals should see commensurate gains. Starting salaries in these fields are expected to rise an average of 3.1 percent in the coming year.
Tax

Sharpton, his civil rights organization facing tax issues

Troubles continue to mount for the Reverend Al Sharpton, both personally and for his civil rights organization. The Internal Revenue Service has filed a tax lien against Sharpton in the amount of $538, 652.
Community News

Stonefield Josephson merges with Marcum

The East Coast and the West Coast got a little closer in the accounting world with the merger of New York City-based Marcum LLP and Stonefield Josephson, Inc., of Los Angeles.
Community News

Company announcements: Week of September 27, 2010

Following is the latest roundup of firm news for the week of September 27, 2010.
A&A

NYSSCPA's Barry appointed to AICPA Board of Trustees

Joanne S. Barry, CAE, executive director of the New York State Society of Certified Public Accountants, has been appointed as a member to the American Institute of Certified Public Accountants Foundation Board of Trustees.
A&A

Greed is good: Wall Street sequel opens 23 years after original

More than two decades have zoomed by since Oliver Stone's blockbuster film Wall Street appeared on theatre screens across America, capturing the go-go 80s and the era's money-must-be-made vibe.
Community News

Big Four firms support participation in science, technology, engineering, math

PricewaterhouseCoopers, Ernst & Young, and Deloitte have joined 100 corporations and foundations as participants in Change the Equation, a new CEO-led effort to cultivate widespread literacy in science, technology, engineering, and math.
Tax

Bush tax cut dithering might lead to shrinking paychecks

The clock is ticking on the Bush tax cuts, and the likelihood that a vote to extend them will happen before November is not looking good. Why the urgency? Because the Internal Revenue Service needs lead time to create, publish, and distribute tax tables for the first payroll of 2011.
AccountingWEB Life

Converting to a Roth IRA easier in 2010

A provision within the Small Business Jobs and Credit Act of 2010 passed by the House Thursday will allow participants in 401(k), 403(b), and 457 tax deferred plans to convert those savings into a Roth IRA account if employers sponsor a Roth IRA in their plan.
Technology

Facebook founder is subject of new movie; donates $100 million to Newark schools

Mark Zuckerberg, founder and CEO of Facebook, is expected to announce today his $100 million donation to the Newark public school system, which has been described as one of the country's weakest.
Practice

In twilight of their careers, unemployed workers face tough new realities

More mature workers who have lost their jobs have a lot on their minds - how to prepare for retirement, how to pay for health care coverage, and not only how they will get that next job, but if they will ever get that next job.
Community News

New pwc brand puts emphasis on commitment to clients

PricewaterhouseCoopers LLP (PwC) - the Big Four tax, audit and advisory services firm with global headquarters in London and U.S. headquarters in New York - introduced a new visual identity during a relaunch of its Web sites.
Community News

Company announcements: Week of September 20, 2010

Following is the latest roundup of firm news for the week of September 20, 2010.

Pages

Voice of the Editor

Even though any accounting auditor would tell you it seems like there are an awful lot of tax accountants out there, surely one-third of the country isn't made up of tax preparers, so it's rather startling news to learn that one-third of Americans like to do their taxes. Who knew?
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