Quite Correct by Aaron Elstein | Crain’s New York Business

Aaron Elstein, Senior Reporter, Crain’s  NY Business and Accountants Club speaker on December 2, 2015 opines on the stock market. The stock market is “correcting”. I’m not entirely clear why corrections take place only when markets fall, but such are the ways of Wall Street. Albany gets nearly 20% of its tax revenue from the […]

Underfunded IRS Swamped with Problems | CPA Trendlines

Not a good way to start Tax Season 2018. An angry and frustrated National Taxpayer Advocate Nina E. Olson has slammed Congress hard in the Taxpayer Advocate Service 2017 Annual Report to Congress. After a series of IRS budget cuts over the last several years, Olson says she sees the daily consequences of reduced funding […]

NYSSCPA Announces Member Nominees for 2018-2019 Board of Directors

Congratulations to Sal Collemi on his nomination to become a Vice President of the New York State Society of CPAs.

8 Ways to Delight Tax Season Clients | CPA Trendline

TUESDAY | FEBRUARY 6 BUSY SEASON MANAGEMENT Do you make them feel important? By Ed Mendlowitz Tax Season Opportunity Guide Clients are our customers. They pay our salary and enable us to make good livings. Do what you can to accommodate them and make them feel important – as important as they believe they are. […]

Voices of the Profession: Sal Collemi | The CPA Journal

Voices of the Profession: Sal Collemi  

A Dozen Ways to Add New Revenue with Tax Prep Follow-Ups | CPA Trendlines

WEDNESDAY | JANUARY 31, 2018 Plus 4 “how much?” questions to ponder. By Ed Mendlowitz How to Build a Stronger Tax Practice As you see each tax prep client you should keep a list of additional services you can offer them. Also, continue this list when you review each return. MORE ON MARKETING TAX SERVICES: How […]

A Tough Tax Act to Follow – A Piecemeal Approach to Reform that Will Need Its Own Reform / CPA Journal

By  David Lifson, CPA January 2018   In order to meet legislative rules that would have required some bipartisan support, the Republicans have passed historic and comprehensive tax reform legislation that is already in need of comprehensive reform. This version of the Internal Revenue Code (IRC) will almost certainly not last long; it is designed to […]

How a Tax Bill Becomes a Law, 1986 vs. 2017 | The CPA Journal

An Historical Perspective on the Passage of TRA ’86 By  Walter Primoff, CPA/PFS, CGMA January 2018 Editor’s Note: The Tax Cuts and Jobs Act, the most significant overhaul of the federal tax system since the Tax Reform Act of 1986 (TRA ’86), recently passed Congress and was signed into law by the President. This occasion presents […]

A Tax Reform Law for Our New Normal

A Tax Reform Law for Our New Normal Publisher’s Column By  Joanne S. Barry, CAE January 2018 In The CPA Journal‘s December 1986 issue, authors Stanley Rier and Leonard Goodman summed up their analysis of how that year’s major tax reform bill would affect individuals this way: “It appears that under the banner of tax simplification, Congress […]

SEC Charges Former KPMG and PCAOB Officials with ‘Stealing’ Inspection Exam | Accounting Today

By Michael Cohn Published January 22 2018, 12:29pm EST The Securities and Exchange Commission charged six CPAs Monday who were former senior officials at KPMG and ex-staffers at the Public Company Accounting Oversight Board with participating in a scheme to misappropriate and misuse information on the PCAOB’s planned inspection of the Big Four firm. The […]