AND JOIN YOUR FRIENDS & COLLEAGUES!

 NCCPAP SUMMER CONFERENCE

@ The Hyatt in Boston, MA- (888) 421-1442 

Wednesday-Friday, August 1, 2 & 3, 2012

RESERVATIONS MUST BE MADE PRIOR TO JULY 10th

after which block of rooms will be released.

NCCPAP CONFERENCE RATES:  $199 single/double

Room rate available three days post/prior depending on availability

MINEOLA, NEW YORK - April 25, 2012 – The National Conference of CPA Practitioners (ncCPAp), which previously testified on federal taxation before the U. S. Senate Committee on Finance, has again appeared before the committee.  The hearing’s topic was “Tax Reform: What It Means for State and Local Tax and Fiscal Policy.”

ncCPAp, which advocates on issues that affect Certified Public Accountants and their clients, discussed various types of state and local taxes and the impact it had on taxpayers and tax collectors alike. This includes testimony on income taxes of individuals and other entities; the related financial planning and estate planning issues faced by these individuals and other entities; employment taxes; and state and local sales and use taxes.

Speaking on behalf of ncCPAp was Sanford Zinman, the organization’s National Tax Policy Chair, and President of ncCPAp’s Westchester / Rockland New York Chapter. Zinman was accompanied by ncCPAp’s National Vice President, Edward Caine.

“We appreciated the opportunity to address these vital concerns that relate to taxes,” Zinman said. “The issues regarding the impact of Federal tax provisions – which provide revenue benefits and obligations to the states – are broad and wide ranging.  Our tax code is complex and affects all segments of the population.”

He added, “This hearing was an opportunity to possibly play a role in influencing what we hope to be a more equitable tax code.”

Previously, Senator Max Baucus (D-MT) invited former ncCPAp president Carol Markman as a ncCPAp representative to testify before the same committee regarding the future of individual tax rates. Markman discussed the impact of phasing out itemized deductions and personal exemptions for individual taxpayers.

Also discussed at the April 25^th hearing were committee members Max Baucus (D-MT) (Chairman) and Orrin G. Hatch (R-UT) (Ranking Member), both of whom were scheduled to give statements.

The hearing, began at 10:00 a.m., and took place at 215 Dirksen Senate Office Building.

Click here for a PDF version of Press Release

You may watch the hearing at the link below: (at the 58:00, 88:00 and 109:00 Mark)

http://finance.senate.gov/hearings/hearing/?id=2fceb5af-5056-a032-52b8-d8d88b7ee9d5

Below are additional links where you can read more about Mr. Zinman’s testimony:

http://www.accountingtoday.com/news/Senate-Considers-State-Local-Taxes-62432-1.html?ET=webcpa:e2422:68633a:&st=email

http://futures.tradingcharts.com/news/futures/Senate_Finance_Committee_Hearing_177679941.html

Ten scholarship recipients, spanning seven states

MINELOA, NEW YORK – March 15, 2012 – In a joint educational program designed to financially assist and encourage aspiring Certified Public Accountants, the National Conference of CPA Practitioners (ncCPAp) and the American Institute of Certified Public Accountants (AICPA) have awarded scholarships to ten high school graduates spanning seven states.

This is the program’s ninth year. Scholarship applicants are graduating high school seniors with a minimum GPA of 3.3, and have been accepted as full time students at either a two or four year college.

Applicants also wrote an essay on why they want to be a Certified Public Accountant.

“ncCPAp is always excited about the opportunity to provide scholarships to aspiring accountants,” said President, Lana Kupferschmid. “One of ncCPAp’s goals is to serve and support the next generation of accountants, and these scholarship winners have shown themselves to have great potential. We look forward to what they may accomplish in the future.”

ncCPAp extends its congratulations to the scholarship award recipients.  Biographies and photo(s) of each student are on www.nccpap.org.

 Scholarship recipients include: 

Payge Corazzini (Greenport, NY)

Jared Glover (Barden, IN)

Justin Greenwood (Manomee Falls, WI)

Zachary Hecht (Merrick, NY)

Brianne Pudenz (Waukee, IA)

Daniella Savarese (Howell, NJ)

Alexandra Vizard (Portage, MI)

Kirstie Fritz (Kieler, WI)

Chiara Marangelli (Brooklyn, NY)

Grant Van Dyke (Tigard, OR)

Graduating students interested in applying for next year’s ncCPAp scholarship have until December 15, 2012 to file an application. In addition, ncCPAp is now awarding scholarships to accounting college students entering their third year. Applications for these scholarships are due July 1, 2012.

For further information or questions please call 888-488-5400 or email execdir@nccpap.org.

To be Held at Washington D.C.’s Madison Hotel, May 9 – 11

MINEOLA, NEW YORK – March 13, 2012 – Join your friends and colleagues this May 9 – 11 in Washington D. C. for the National Conference of CPA Practitioners’ (NCCPAP) 2012 Spring Conference, “NCCPAP on the Hill.”

The conference, located at the Madison Hotel, focuses on contemporary issues as it relates to accounting and tax matters. The diverse schedule of meetings – several of which run simultaneously – offer attendees many different event topics to choose from.

Two special events include “Current Issues in Accounting and Auditing,” presented by Paula Sheppard, CPA, Chair of the Issues Committee and “Current Issues in Taxation,” presented by Sandy Zinman, CPA, President of the Westchester/Rockland Chapter of NCCPAP and Chair of the National Tax Committee.

Both events focus on current issues affecting their respective topics.  NCCPAP president, Lana Kupferschmid, CPA commented, “NCCPAP on the Hill is a unique opportunity to bring together accountants from all around the nation to discuss the pressing tax issues of today. We will be meeting with various congress people and visit the Internal Revenue Service to express the needs of the CPA practitioner and their clients.

NcCPAp has been an influential entity in Washington. In 2011, it played a role in the repeal of the 1099 Tax Form Bill which required all businesses to issue a 1099-MISC to any and all other businesses and non-employees who were paid more than $600 for goods or services.

In addition, in 2010 Carol Markman, CPA, acting as a representative of NCCPAP, testified before the Senate Committee on Finance regarding the future of individual tax rates as it applied to the 1986 Tax Reform Act. Her testimony focused on the impact of itemized deductions and personal exemptions being phased out on individual taxpayers.

Registration for “NCCPAP on the Hill” is now open. Reservations at the Madison Hotel must be made before April 17^th, after which the block of rooms are to be released.

For hotel reservations, call (800) 424-8577.

Click here for PDF Version

1099 Status Question will affect all Business Tax Return Forms

MINEOLA, NEW YORK – March 07, 2012 – The Internal Revenue Service (IRS) has added a 1099 status question to all business tax return forms being filed for 2011. Taxpayers and preparers filing tax returns across the United States should take special note of the changes made to tax forms for C-Corporation, S-Corporation, Partnerships, Fiduciaries, and individuals and their spouses, filing Schedule C or Schedule F and rental real estate reported on Schedule E.

The most significant change is a 1099 question has been added to all tax forms being filed for 2011 taxes. Forms affected included, the Schedule C (question I), a long form submission form for individuals and business owners the abbreviated Schedule C-EZ (question F), Schedule F (question F), which addresses farming and the Schedule E (question A), which is geared toward real estate rental.

Also: tax preparers must pay attention to a new question and check box which inquiries about 1099 forms for entities filing separate tax returns.   The following forms and questions that need to be answered include:
C-Corporation    Question 15 A and B
S-Corporation    Question 10 A and B
Partnership         Question 18 A and B

It is also important that accountants, preparers for their clients IRS Forms 1099-MISC report payments for rental property expenses. Other payments to be reported include: services performed for a trade or business by individuals not treated as its employees, fish purchases paid in cash for resale, crop insurance proceeds, and gross proceeds paid to attorneys which are due to the recipient by February 15th.

Payments to a physician, physicians’ corporation, or other suppliers of health and medical services should also be reported on IRS Form 1099-MISC. These kinds of payments are mainly issued by medical assistance programs or health and accident insurance plans.

By January 31 of each year, payers must have sent the 1099-MISC forms to payees of $600 or more in a given year.  If filing by paper the forms were due to the IRS and states requiring filing by February 28^th.  If the form 1099 are being filed with the IRS electronically, they can still be filed as the e-file due date is March 31^st.

Click here to View Press Release PDF

 Join Your Friends and Colleagues

NCCPAP ON THE HILL

May 9, 10 & 11, 2012

THE MADISON-1177 Fifteenth St. NW, Washington, DC 20005

For hotel reservations-Call (800) 424-8577

ncCPAp rate: $289 single/double (rate avail 3 day pre & post meeting)

Hotel block ends April 17, 2012 or until block at capacity

You are cordially invited to join NCCPAP and the AICPA’s Private Companies Practice Section (PCPS) in its mission to make a change in the future of our profession and to better address your private company clients’ needs. As you and your clients question the increasing complexity and cost of compliance with standards that seem less relevant to your clients’ businesses, attend this one hour webinar event to hear recent developments as it relates to Private Company Financial Reporting. Understand the proposal released for public comment by The Financial Accounting Foundation (FAF), which oversees the Financial Accounting Standards Board (FASB), and how your input is critical to obtaining the necessary changes in the standard-setting process. One CPE credit is available for free.

When: January 4th, 9:00am – 10:00am ET

Hosts: Lana Kupferschmid, CPA – NCCPAP President and Jim Metzler – AICPA, VP Small Firm Interests

Register – http://www.cpa2biz.com/AST/Main/CPA2BIZ_Primary/PRDOVR~PC-WBC11235I/PC-WBC11235I.jsp

Ed Kliegman with the Leon D. Alpern Leadership Award

Mineola, New York – December , 2011 – Founder of the Nassau/Suffolk Chapter of the National Conference CPA Practitioners (ncCPAp), thirty-three years ago, Edwin J. Kliegman, CPA, has received the Leon D. Alpern Leadership Award in recognition of his many years of service and guidance to the CPA profession and ncCPAp.  The Leon D. Alpern Leadership Award was originated by the Nassau/Suffolk Chapter of ncCPAp in honor of Leon D. Alpern and was presented at the Long Island Tax Professionals Symposium.

The Leon D. Alpern Leadership Award will be presented annually to a member of ncCPAp in recognition of his or her service to the organization and the profession. Mr. Ed Kliegman received the award and was  honored along with Leon Alpern posthumously.

Throughout Mr. Kliegman’s career, he has championed the cause of the small and medium sized accounting practitioners, including sole practitioners. He has been in the forefront of events and changes in the profession and has written, lectured and conducted seminars to encourage others to practice public accounting in a manner that would bring honor and integrity to the profession.

Mr. Kliegman’s activities within the profession include founding of Marcum & Kliegman, CPAs, (now Marcum, LLP), national president of the National Conference of CPA Practitioners, chairmanship of several committees of the New York State Society of CPAs’, he is a member and served on committees of the American Institute of Certified Public Accountants.  Kliegman was also the Director of CPE Programs for Accounting Today, a national business newspaper serving the tax and accounting community. He has taught American business methods to Russian entrepreneurs as well as government officials and established one of the first local accounting firms in St. Petersburg, Russia.

About the Leon D. Alpern Leadership Award

The Leon D. Alpern Leadership award was created by the Nassau/Suffolk Chapter of ncCPAp as a way to honor the memory of Leon D. Alpern, CPA, who passed on January 13, 2011 at the age of 89.

Mr. Alpern was the past President of the Chapter from 1992-1993.  The Leon D. Alpern Leadership Award recognizes a member for his/her selfless service, outstanding leadership ability and business acumen that results in making strategic business decisions that strengthens the industry or Chapter.

About National Conference CPA Practitioners (ncCPAp)

The National Conference CPA Practitioners (ncCPAp) is a professional organization that advocates on issues that affect the Certified Public Accountants (CPA) in Public Practice, small businesses and individual taxpayers located throughout the United States. ncCPAp estimates that its members serve more than 500,000 businesses and individual clients.  ncCPAp monitors and influences tax administration and tax policy by meeting with state taxing authorities as well as Internal Revenue Service representatives along with state and national elected officials.  In addition, the association provides a platform for its members to exchange ideas and information on managing and running a successful practice in today’s competitive environment.   http://www.nccpap.org

Click here to view PDF version of this Press Release

PRESS RELEASE IN PDF FORMAT

MINEOLA, NEW YORK – December 9, 2011 – The National Conference of CPA Practitioners (ncCPAp) has announced newly elected Officers and Directors for the year 2011-2012.

“Each year, ncCPAp changes its’ executive team. This enables us to continually gain fresh ideas, new direction and work efficiently and effectively to grow the organization,”  said ncCPAp newly elected President, Lana Kupferschmid.

“We are grateful for the efforts of the outgoing executive team which provided a strong foundation for the incoming Officers and Directors to build on,” Kupferschmid added.

Incoming Officers and Directors include:

President, Lana Kupferschmid, CPA.  For 22 years, Kupferschmid has been a member of the ncCPAp organization.  Kupferschmid attended Queens College, Lehman College and Pace University to obtain her Bachelor of Science Degree and CPA license. She was employed by Haskin & Sells, CPA, USV Pharmaceutical and eventually became the Vice President/ Controller for Matrix Corporation in Orangeburg, N.Y. While serving as ncCPAp Director in the Westchester/Rockland Chapter, Lana pursued development of the New Jersey Chapter. On the National level, she was chair of the Membership Committee, Scholarship Committee and Forward Planning Committee and held positions as Treasurer, Secretary and Vice President.

Active in her community, she was the Treasurer of Temple Beth Sholom, Treasurer of Downtown New City Corp., President of the Tappan Zee Business and Professional Women Club, and President of the Mother of Twins Club.

Executive Vice President, Neil H. Fishman, CPA, CFE, FCPA, CAMS.   Fishman has been in practice since 1989. He is a graduate of the State University of New York College at Oneonta, and is licensed as a CPA in New York and Florida.  As chair of the ncCPAp Tax Policy committee, Fishman has assisted in the drafting of tax legislation introduced in the US House of Representatives.  He is the founding President of the South Florida Chapter of ncCPAp.

Vice Presidents include:

Ed Caine, CPA.  Caine is a graduate of both Lehigh University and Temple University, with over 35 years of experience in management and accounting. His CPA practice, headquartered in Bryn Mawr, Pennsylvania, with other offices in Pottstown and Northern New Jersey, specializes in individual and corporate clients, general business consulting, and litigation support.  He is the founding President of the Delaware Valley Chapter of ncCPAp.

David J. Rothfeld, CPA.  Rothfeld is a graduate of Adelphi University and holds both a BBA in Accounting and an MS in Accounting earned in 1973. His accounting practice is located in Hicksville, New York and has been self-employed for over twenty-five years. Rothfeld has served ncCPAp as co-chair of the public Relations committee and is a member of the Membership and Education committees.  He has also held several positions at the Nassau/Suffolk Chapter including four years as Treasurer.

Kenneth Hauptman, CPA.   Hauptman obtained a BS in Economics, with a specialization in Accounting, in 1972 from Brooklyn College, and an MS in Taxation from LIU–C.W. Post in 1979. He has been practicing public accounting for over 40 years, initially with Lutz and Carr, CPAs, and as a partner with the firms of Weinick, Sanders & Co., CPA’s and Hauptman, Elsner & Co., CPAs, prior to establishing his own CPA practice.

Secretary, Lynne Marcus, CPA.   Marcus has a BA in Accounting from Queens College and an MBA in Finance from St. John’s University. She completed the Certified Financial Planner program of the College for Financial Planning at Queens College; she also holds a General Securities License and is an Investment Advisor Representative with Ameriprise Financial, a member of the FINRA and SIPC.

Treasurer, Sarah Jansen, CPA.  Jansen has been in practice since 1992 and is currently on staff at Katz Bloom & Schon CPAs LLC. She was introduced to NCCPAP while on staff at Schoenfeld Mendelsohn & Co. prior to starting her own practice. Sarah is a member of NCCPAP and the AICPA. She is on the NCCPAP National Tax Committee and the Nassau Suffolk Chapter Nominating, Education, and Long Island Tax Symposium Committees.

Three year-term directors include:
Bruce Berkowitz, CPA. Berkowitz graduated from Brooklyn College in June of 1981 with a BS in Accounting. He became certified in the State of New York in 1987 and was a partner in the firm Fein and Berkowitz, CPAs, from 1989 to 1999. In January 2000 he formed Bruce Berkowitz, CPA PC. Bruce has been a member of NCCPAP since 1989 and is completing his term as President of the NCCPAP Nassau/Suffolk Chapter.

Frank Gallo, CPA.   Gallo is the managing partner of Gallo & Company, CPAs LLP, located in Jericho, New York. He is a graduate of Pace University, with an MBA in Public Accounting, and was a manager at Kenneth Leventhal and Company before he started his own practice in 1986.   Gallo has been in public accounting for more than thirty years, and has expertise in audits, reviews, compilations, broker dealers, nonprofits, manufacturing, real estate, pension plans, construction and peer reviews.

Barry Zalk, CPA.  Zalk is a graduate of Northeastern University in Boston where he received his BS in Accounting in 1973. He has practiced public accounting for over 38 years.  Zalk started his accounting career while in college, when he interned with various Boston accounting firms and Boston Gas Company. He also interned with J.K. Lasser and Company in New York City, where he also worked after graduating. In 1976 he joined an accounting practice with his father, where he continues as managing partner.

Two-term director Ronald Tockman, CPA.  Tockman is a graduate of Suffolk University, class of 1971.  Tockman has been a practicing CPA in his own firm since 1975, servicing clients primarily in eastern Massachusetts, southern New Hampshire and the Rhode Island area. He is the founding President of the South Boston Chapter of ncCPAp.

About National Conference of CPA Practitioners (ncCPAp)

Top 100 Most Influential People in Accounting

Mineola, New York – October 14, 2011 – For the second year in a row, ncCPAp President Andrew Hult has been named as one of the Top 100 Most Influential People in Accounting.

Accounting Today, a leading provider of online business news for the tax and accounting community, compiles this annual list, an accounting equivalent of Who’s Who in America.

Hult, president of ncCPAp since November 2009, has been a strong advocate, educator and voice into Congress and the IRS on critical issues affecting practicing CPAs nationwide.

“Being recognized next to so many important leaders in the accounting community is a true honor,” said Hult.  “Like last year, however, this honor best reflects the hard work, dedication, and talent of my fellow ncCPAp colleagues. They made this possible through their commitment to giving back to their communities and implementing the concept of “practitioners helping practitioners.”

The Accounting Today issue covering the top 100 list writes about Hult, “With so many challenges facing CPA practitioners – from a flood of new laws and regulations, including tax preparer registration, to the dismal economy and the changing nature of public practice – Hult’s members need ncCPAp’s educational and advocacy efforts, and its influence on policy-makers, more than ever.”

Henry Krostich, Director of a multi-state CPA firm based on Long Island, states,  “ncCPAp’s efforts, and success, in the many areas that Andrew Hult and his team fight for us, were, in my opinion, nothing short of amazing.”

Hult is the owner of Andrew L. Hult, CPA, P.L.L.C.  His practice, which serves the metropolitan New York area, is located on Hilton Avenue in Hempstead.

Prior to founding his own CPA practice, Hult was a junior partner and manager of quality control for Owen Peterson & Co. CPAs.  Before entering public practice, Mr. Hult received his bachelor’s degree from Wesleyan University in Connecticut, and his MBA from Columbia University.  He spent three years on active duty in the U. S. Navy as a Supply Officer on a destroyer escort followed by twenty years in private industry, notably with Silor Optical, Inc, where he served as Director of Finance during a period of exceptional growth.

He and Marilyn, his wife of 44 years, are long time Garden City residents.  Both they and their three children graduated from the same high school and have served in various community service organizations from the Scouts and the PTA to the Scholarship Fund and the Garden City Community Church.

TOP 100 FINAL PDF