Scott Ahroni, CPA, J.D., LL.M, specializes in Federal and New York State and New York City tax controversies. He will be presenting on Tax Audits & Collections at this year’s Accounting & Tax Symposium. Register to see him speak at ATS 2021!
Neil Katz, Esq., J.D., CPA, LL.M, has spoken at the past 18 NCCPAP Tax Symposiums and will be presenting his Annual 1040 Update at this year’s event. Register to see him speak at ATS 2021 before early bird pricing ends!
NCCPAP Tax Chair Steve Mankowski, CPA, CGMA recently attended the September 2021 IRS meeting. You can read his recap below, highlighting several topics including overwhelming volume at the IRS, COVID Relief Employment Tax Credits, and Tax Pro Account/Digital Authorizations.
Learn about NY State Bulk Sales & Trust Fund Liability from tax attorney and CPA, Karen Tenenbaum, Esq., LL.M. at ATS 2021. Register for the Symposium today!
Ken Corbin and Barry Melancon, CPA, CGMA have been announced as keynote speakers of the 2021 Accounting & Tax Symposium. Mr. Melancon is the longest serving CEO in the AICPA’s 133-year history, and Ken Corbin was recently appointed to the newly created position of Chief Taxpayer Experience Officer at the IRS. Click the link below to learn more about the ATS 2021 keynote speakers.
Register for the 2021 Accounting & Tax Symposium to learn about the top ten things every accountant should know when it comes to bankruptcy from Andrew M. Thaler, Esq.
Learn about NY State residency issues for employees and employers from experts, Mark Klein & Joseph Endres at ATS 2021! Register for the Accounting & Tax Symposium, here.
The National Conference of CPA Practitioners (NCCPAP) announces its support of H.R. 4214, commonly referred to as The Tax Deadline Simplification Act. If enacted, it will simplify the quarterly installments for estimated income tax payments by individuals, changing the due dates for the second and third quarter estimated federal income tax payments to have all quarterly payments due 15 days after the end of a quarter. To see the full press release, click below.
Stephen Abramson is the President and founding partner of APS Pension & Financial Services, and will be speaking about following the U.S. Department of Labor guidelines to help clients avoid 401(k) fiduciary litigation at the 2021 Accounting & Tax Symposium.
The National Conference of CPA Practitioners (NCCPAP), an organization representing Certified Public Accountants (CPAs) and other tax professionals, announces its call to action against IRS Notice 2021-49.
“Last week, the Internal Revenue Service released Notice 2021-49 in response to repeated requests by the accounting and business communities to provide clarification regarding rules governing the Employee Retention Credit (ERC). In so doing, the IRS issued a damaging blow to those businesses hardest hit by the COVID-19 pandemic—small family-owned businesses.”
The letter continues, “Under this guidance, the wages of the owner and their spouse no longer qualify for an ERC if the owner has ANY CLOSE LIVING RELATIVE, regardless of them being employed by the business. A close relative is defined as your child, sibling, parents, uncle, aunt, niece, nephew, or any in-law. It does not have to be a relative you employ; the existence of any living relative disqualifies a small business owner and their spouse from claiming an ERC on their earnings.”