Attention FAE Customers:
Please be aware that NASBA credits are awarded based on whether the events are webcast or in-person, as well as on the number of CPE credits.
Please check the event registration page to see if NASBA credits are being awarded for the programs you select.

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What's New at the Society?

Members Get Unlimited Access to Self Study CPE

 
Unlimited CPE for NYSSCPA Members

Introducing a New Member Benefit!
 
NYSSCPA members now have free unlimited access to CPE courses in our Self Study Course Catalog.
 
"I enjoy the online CPE because it allows for me to stay up-to-date with pertinent accounting issues while studying on my own time. I can pause the sessions and resume at my convenience. I feel the CPE is highly relevant as a majority of the sessions have lecturers who are experts in their field. The online interface that NYSSCPA utilizes is user friendly and allows me to easily sort by topic."
– Greg Kozerski, Jr., NYSSCPA Member

 

The New NYSSCPA Career Center

 
The New NYSSCPA Career Center

Whether you're an employer looking for your next great hire, or a job seeker looking for your next great opportunity, the NYSSCPA Career Center is here to assist you.

Employers: Post Job Descriptions Here
Job Seekers: View Open Positions Here

 

Smart Money Habits

 
Get Money Smart

The cost of financial ignorance is high.

Check out these materials and consider attending one of our free events to learn more about taxes, credit, debt, budgeting, the basics of investing and learning activities for children.

 

Technical Helpline

 
The NYSSCPA Technical Helpline

Stumped? Get CPA expertise through the technical helpline!

Email your inquires to technicalhelpline@nysscpa.org.

 

The Latest From Our Publications

Read the May/June 2024 Issue on


CPAJournal.com

The best planning requires knowledge, preparation, and foresight. CPAs advising individuals, families, and corporations on tax strategy need to bring these qualities to bear in the context of strong trusted relationships. Tax planning done right is done in advance, not rushed at the eleventh hour. Given the uncertainty in the current tax landscape—with various provisions scheduled to sunset next year and an upcoming election that could lead to significant policy changes—now is the time to get started.

Read Now »

NextGen



The Trusted Professional

  • IRS Pursues Exception from TikTok Ban in Order to Fight Tax Scams
    Sep 12, 2024
    The IRS is searching for ways to circumvent the TikTok ban so that some of its employees can still go on the site to combat tax schemes.
  • IRS Extends Some Tax Deadlines to Feb. 3 for  Victims of Storms in New York and Connecticut
    Sep 11, 2024

    Because of the heavy storms that landed in some areas of New York and Connecticut starting on Aug. 18, the IRS announced on Sept. 10 that it will offer tax relief to individuals and businesses affected by these storms, which included flooding. According to the IRS announcement, these individuals will have until Feb. 3, 2025, to file various federal individual and business tax returns and make tax payments.
  • SEC Approves PCAOB's New Quality Control Standard
    Sep 11, 2024
    On Sept. 9, the Securities and Exchange Commission (SEC) approved the Public Company Accounting Oversight Board (PCAOB)’s new quality control standard and related changes to its standards, rules, and forms. This standard mandates that all registered public accounting firms identify the specific risks to their practice while designing a quality control system with appropriate responses to avoid those risks. 
  • IRS, Treasury Request Comments on Saver’s Match Contributions Under SECURE 2.0 Act
    Sep 10, 2024
    On Sept. 5, the IRS and the Treasury Department published a notice requesting f comments on Saver’s Match contributions paid out by the Treasury Department under the SECURE 2.0 Act of 2022.
  • Regulatory Roundup: September 4-9
    Sep 9, 2024
    With so many regulators out there, it can be tough to keep track of all the decisions being made. This is the NYSSCPA's regular series that collects relevant regulatory announcements from the past week and puts them in one place to help you stay on top of the issues.

TaxStringer

  • Achieving the Impossible: Estate Tax Exclusion and Step-Up in Basis
    Sep 4, 2024
    One of the challenges in estate planning is keeping assets out of the deceased owner's taxable estate while still ensuring the assets receive the automatic change in basis (commonly called the step-up in basis) under Internal Revenue Code Section 1014. When the estate tax rates were much higher than they are today (70%-77% a few decades ago compared to 40%) and the long term capital gains income tax rates were not more than 25%, it was beneficial in most cases to seek estate tax exclusion even if the step-up in basis was forfeited. 
  • The Success in Succession, Part II: Business Planning
    Sep 4, 2024

    This article is the second in a three-part series on succession planning. Part I discussed the legal considerations in creating an exit or succession plan, including estate planning and estate and gift tax planning. Part III will focus on financial planning.
  • New Planning Opportunities for Inherited IRAs
    Sep 4, 2024
    The impact of the SECURE Act 2.0 has created a game change for high-net-worth clients. The Setting Every Community Up for Retirement (SECURE) Act requires beneficiaries of inherited IRAs to withdraw all assets of the IRA account within 10 years, in most cases. This can create a significant income event resulting in giving back most of the income tax benefits accumulated over the years. Post-death control is also minimized while the resulting lack of asset protection increases.
  • Helping Clients Navigate Estate Planning and Divorce
    Jul 30, 2024

    As an attorney specializing in matrimonial law, I’ve worked on numerous cases involving divorce and estate planning. Clients often turn exclusively to financial professionals for guidance, overlooking the crucial role of their attorneys.