NYCPA News and Blogs

In the 1988 hit comedy, Coming to America, Prince Akeem, heir to the throne of Zamunda, flees his home country to escape an…

The beneficiary designation forms for qualified retirement plans and individual retirement accounts (collectively,…

The Social Security Act, which was signed into law in 1935, was designed to provide adequate financial assistance to the…

Background The popularity of Internet crowdfunding has exploded in recent years.  As individuals and businesses turn…

Many CPAs ask if companies are still sponsoring defined benefit plans.  They are usually surprised by how the current…

The Omnibus Budget Reconciliation Act of 1993 (“OBRA93”) contained two major provisions affecting charities and their…

Winter is right around the corner. For businesses holding abandoned property on their books (and virtually every operating…

“In war, there are no unwounded soldiers. --Jose Navosky” As a gesture of gratitude to the members of our armed forces…

A “friends of” charity usually has a simple mission: raise funds for and awareness of the foreign charity that shares its…