NYSSCPA News

The NYSSCPA website is back online after its servers were downed by a daylong network outage. Tecommunications company Verizon told the Wall Street Journal that the outage was a result of equipment failure caused by recent storms. AT&T service in a limited area in east midtown was also affected.

As of approximately 4:30 p.m., the issue appears to have been resolved.

NYSSCPA leaders and members who attended the three-day annual Leadership Conference in Verona, N.Y., came together to discuss ways to improve the NYSSCPA’s service to different segments of its membership and advocate for the important issues facing the profession.

A number of new task forces were introduced by NYSSCPA President Margaret A. Wood and approved by the NYSSCPA’s Board of Directors at its meeting July 13, and the leadership discussed a number of new initiatives focused on increasing membership and member participation.

The NYSSCPA has launched its very own YouTube channel featuring videos and interviews on interesting topics for CPAs in New York and nationwide.

The NYSSCPA and FAE are offering the Career Opportunities in the Accounting Profession (COAP) program at 10 different colleges and universities across the state beginning this week, with a total of 336 high school juniors participating.

Through its COAP Program, the NYSSCPA and FAE offer a learning experience developed to expose promising minority high school students to accounting and business careers. Founded in 1987, COAP offers students a tailored curriculum and extensive opportunities to interact with successful minority role models and gain exposure to the corporate environment.

Were you an accountant during World War II? If so, accounting historians at the University of Mississippi would like to hear from you.

It's hot today -- sweltering temperatures outside, and the hottest tax issues on the minds of D.C. lawmakers on tap for today's breakfast briefing.

At left, moderator Laura Sanders and panelists Michael C. Moetell and Sidney Kess listen as panelist Eric Toder discusses his study on the effect of adding a value-added tax to replace payroll or corporate taxes.

Other topics slated for the morning include the estate tax, legislative developments, the Obama administration's proposed bank tax and the Foreign Tax Compliance Act of 2009.

The New York State Senate passed a bill June 7 that would allow cross-border practice mobility for CPAs in New York and is based on the model legislation, Uniform Accountancy Act (UAA) Section 23.

The mobility bill, S6307-B, was sponsored by Higher Education Committee Chair Sen. Toby Ann Stavisky (D-Queens).

Following a speech by General George Patton, "Master Sgt." Ray Nowicki, accompanied by his top peer review officers, marched into a classroom on the 19th floor of NYSSCPA headquarters, and addressed his new generation of soldiers in classic drill seargant style:

"I eat bad peer reviewers for breakfast," Nowicki barked.

The New York State Senate's mobility legislation, S6307-B has moved: It is on the "active list" of bills to be taken up in the Senate today. 

The proposal, which would allow for CPA cross-border practice mobility in New York and is based on the model legislation, Uniform Accountancy Act (UAA) Section 23, moved out of a Senate committee May 24 and is on the Senate floor for a third reading.