May Trusted Professional: Mobility, 1099 Repeal, House CPA Caucus & More

Have you seen the latest issue of The Trusted Professional? Stay on top of Society news and the key legislative, regulatory and administrative issues that affect you.

N.Y. Assembly Produces Conforming Mobility Bill
By Melissa R. Hoffmann

New York state moved closer to adopting cross-border practice mobility legislation on April 6 when the Assembly amended its mobility bill to match Senate bill S2628, which the Senate passed in March. Continue ...

1099 Mandate Repealed
By Chris Gaetano

President Barack Obama signed on April 14 a bill, H.R. 4, that repeals the expanded 1099 reporting requirements which were a result of the passage of 2010’s Patient Protection and Affordable Care Act. The Senate and House approved identical pieces of legislation to accomplish this in February and early April, respectively. Continue...

The Benefits of Being an NYSSCPA Industry Member
By J. Michael Kirkland, NYSSCPA Board of Directors

The Society offers all CPAs -- from those recently licensed to the more seasoned practitioners -- various opportunities to demonstrate their leadership skills and participate in forums in which they may share their perspectives, best practices and networking ideas. Continue ...

President's Commentary: Return on Investment
By Margaret A. Wood, NYSSCPA President

When I began my term as NYSSCPA president, I asked you for your feedback on ways the Society could increase the value of membership. And I have to thank you because when I visited the chapters with President-elect Richard E. Piluso and Executive Director Joanne S. Barry, you gave us your suggestions. Continue ...

Suffolk CPA a Friend in High Places
By Chris Gaetano

It was the middle of January, and past Suffolk Chapter president Kenneth R. Cerini was climbing a nearly vertical 60-foot wall of ice in th Catskill Mountains. Continue ...

What's New in Accounting Education? State Board Official Takes Questions From Conference Attendees
By Melissa R. Hoffmann

It began as an update of State Education Department rules and regulations, but it wasn’t long before New York State Board for Public Accountancy Executive Secretary Daniel J. Dustin put aside his prepared presentation at the recent Higher Education Conference in favor of fielding questions from an audience full of accounting educators. Continue ...

A Talk With House CPA Caucus Cochair Sherman
By Allison Schiff

The House is now home to a new bipartisan congressional CPA caucus created and cochaired by Reps. Brad Sherman (D-Calif.) and Michael Conaway (R-Texas). Continue ...

NYSSCPA Rolls Out New 100% Membership Program
By Allison Schiff

The NYSSCPA recently launched a new program that awards firms, businesses and organizations with a special, exclusive set of benefits if all of their CPA employees are enrolled as Society members. Continue ...

N.Y. Passes Early Budget for the First Time Since 1983
By Chris Gaetano

Governor Andrew M. Cuomo signed New York state's $132.5 billion spending plan for 2011 into law on March 31 -- one day before the April 1 deadline -- making this the first early budget the state has seen since 1983. Continue ... 

SPECIAL SECTION: NYSSCPA Award Winners

Beatrix McKane Receives Arthur J. Dixon Public Service Award, By Gabe Kahn
Franklin H. Federmann Receives Distinguished Service Award, By Gabe Kahn
Distinguished Service Award Winner: Alan E. Weiner, By Chris Gaetano
Michele Mark Levine Named Outstanding CPA in Government, By Chris Gaetano
Robert Fagliarone Inducted Into NYSSCPA Hall of Fame, By Gabe Kahn
Michael L. Borsuk Inducted Into NYSSCPA Hall of Fame, By Gabe Kahn
CPA Education Award Winner: Ann Burstein Cohen, By Chris Gaetano
Outstanding CPA in Education: Samuel A. Dyckman, By Gabe Kahn

Chapter News
What's been going on at the chapter level? Click here to find out.

Job Market for Accounting Grads Improving, but Competitive
By Chris Gaetano

The Bureau of Labor Statistics (BLS) is expecting continued expansion of hiring at CPA firms over the next eight years, but college students on the cusp of their professional careers will nonetheless be faced with a more competitive entry-level job market, with higher standards for newer staff, according to Carolyn D’Anna, the managing director of human resources and also a partner at J.H. Cohn LLP. Continue ...

CPA Roundtable
How has your experience as a CPA benefited you in other aspects of your life?

Christine P. Hallahan (Nassau Chapter), Mattia M. Scro (Syracuse Chapter), Maya C. Kahn (Manhattan/Bronx Chapter) and George I. Victor (Manhattan/Bronx Chapter) share their stories. Click here.