New York news

Community News

Richard Piluso: NYSSCPA President Looks to Expand Membership and Minority Involvement

Richard Piluso, CPA, has had a productive first four months as president of the New York State Society of Certified Public Accountants (NYSSCPA) and has his sights set on accomplishing three major goals before his one-year term as president expires next May.
Community News

KPMG Service in Remembrance commemorated tenth anniversary of September 11

KPMG's Service in Remembrance nationwide employee volunteer campaign – commemorating the tenth anniversary of 9/11 – included thousands of KPMG firm members participating at 227 nonprofit organizations.
A&A

FASB, GASB: Accountants can be heard on upcoming controversial issues

A series of hearings and roundtables scheduled by the standard-setting boards during October will address two controversial issues: (1) the GASB proposals on accounting for government pensions, and (2) standard setting for private companies and nonprofit entities.
Tax

IRS extends additional tax relief to Hurricane Irene victims

In the aftermath of Hurricane Irene, the IRS has updated its Web site to provide filing and payment relief to more taxpayers in federal disaster areas declared in Connecticut, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Puerto Rico, and Vermont.
Tax

Amazon, California reach agreement in sales tax battle

Lawmakers in California say they've reached a truce with Amazon in a contentious disagreement over whether the online bookseller should collect state sales tax.
Education & Careers

Is it legal to only hire the already-employed? The problems with must-be-employed rules

In their quest to find qualified workers, some employers are explicitly stating that they will only hire those who are already employed and will not consider the unemployed.
Community News

High school students learn firsthand about the accounting profession

Jennifer Dorigo, an accounting teacher at Kenmore East High School in Tonawanda, New York, decided she wanted her students to learn firsthand what the accounting profession is really like. She also wanted her students to strengthen their communication skills and increase their business knowledge.
Tax

IRS announces extensions and other relief to Hurricane Irene victims

The Internal Revenue Service is providing tax relief to individual and business taxpayers impacted by Hurricane Irene.
Practice Management

Got perspective? Without it, you don't "get it"

To really engage, embrace and include, it's not enough to learn the typical attributes of the different generations. Significantly, the four generations in the workplace don't understand each other's underlying perspectives and formational influences very well.
Community News

Company announcements: Week of August 8, 2011

Following is the latest roundup of accounting community news for the week of August 8, 2011.
A&A

NASBA, AICPA announce online mobility tool designed to help CPAs practice across state borders

The NASBA and the AICPA have launched an online tool designed to help CPAs navigate the new practice privilege requirements, commonly referred to as mobility laws, that allow CPAs to practice across state borders.
Community News

CCH Connections: 2011 User Conference features "Best in Process" solutions for success

From best practices in serving clients' needs to hands-on experience with advanced technology and optimized workflows, the CCH Connections: 2011 User Conference will connect professionals with people, products, and processes to help them be more successful.
A&A

With pension fund dwindling, Central Falls, RI, enters bankruptcy

The smallest city in Rhode Island has landed in bankruptcy court after making retirement benefits promises it was unable to keep, a dilemma facing many municipalities across the country.
Education & Careers

Ernst & Young mentoring program helps unlikely students navigate the road to college

College MAP (Mentoring for Access and Persistence), co-sponsored by College for Every Student and Ernst & Young, encourages and helps students who might not otherwise attend college.
Community News

Company announcements: Week of July 25, 2011

Following is the latest roundup of accounting community news for the week of July 25, 2011.
Tax

Holla, Holla...Ja Rule faces the tax music

A self-proclaimed rap "gangsta" is going to jail for committing a white-collar crime: tax evasion. Multi-platinum selling artist Ja Rule (whose real name is Jeffrey Adkins) has been sentenced to 28 months in federal prison for failing to report more than $3 million in earnings from 2004 through 2006.
Tax

State and Local Tax: e-books are not subject to New York State sales and use tax

In an advisory opinion, the New York State Department of Taxation and Finance has concluded that a California seller's sales of e-books are not subject to sales and use tax.
Education & Careers

A social life: When employees and applicants take to Facebook

Imagine one of your employees bashes your company or their coworkers on Facebook. You might think that you could fire that employee. But you would probably be wrong.
Tax

Jeter baseball fan catches bad tax advice

Christian Lopez, the 23-year-old baseball fan who returned Yankees' Derek Jeter's 3,000th career hit ball to the player, received swag and tickets for his generosity. But what would have happened if Lopez had sought some sage tax advice before being so quick to act?
Education & Careers

Millennials frustrated with weak economy, scarcity of jobs

POLL: Only 31% of young people 18-29 approve of the President’s handling of youth unemployment, 69% say Washington is not addressing concerns of young people.

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