Members in the News
NYSSCPA SEC Conference Mention
As Auditing Evolves, New Litigation Threats Emerge
April 19, 2017
Matthew Bosher is a litigation partner with Hunton & Williams LLP. His practice concentrates on financial reporting and corporate governance with a particular emphasis on accounting issues and the audit process. The audit function is changing rapidly. Audit firms are integrating data analytics, machine learning and other modern technology in audit work, changing the breadth and depth of audits and clients’ expectations. Meanwhile, regulators now envision an audit report dramatically different than the form of report that has existed for decades. This new proposed report would reveal details about many of the auditor’s processes and judgments.
David Young (Manhattan/Bronx)
Last minute tips for filing taxes down to the wire
WROC Rochester First
April 18, 2017
CPA Dave Young stopped by News 8 to share some last minute tips if you still haven't filed your tax return. Young recommends double-checking your whole return, including 1099 and W-2 forms, to ensure you pick all your income and don't miss any credits. Also make sure to check social security numbers and that you signed the return. Young also stresses the importance of double-checking your bank account information to guarantee your refund goes to the right account. According to Young, a common credit people miss is the Child Tax Credit. Also don't forget that you can deduct daycare costs if you have children in daycare. Charitable contributions can also be deducted.
John Lieberman, Sallie Mullins Thompson, and Marc J. Strohl
Taxpayer Questions, C.P.A. Answers
New York Times
April 11, 2017
Tax Day (next Tuesday) is near. So to help you crunch numbers and power through paperwork, members of the New York State Society of Certified Public Accountants shared a few of the common, or unusual, questions they have been asked.