NCCPAP News

  • Blog Entry

    Please join us in congratulating the 2020-2021 Officers and Directors for the National Conference of CPA Practitioners (NCCPAP). The installation of Officers took place on October 22, 2020. The 2020-2021 Officers include the following individuals from their respective firms: President:  Mark A. Stewart, Jr., CPA, Feldstein & Stewart, LLP, New City, NY Executive Vice President:  Frank Sands, CPA, Sands, Gililland & Company, PC, Plano, TX Vice President:  Scott Cheslowitz, CPA, Rothenberg ... Read More

  • ATS Speaker Announcement

    Blog Entry

    Neil D. Katz to Speak at NCCPAP’s 18 th Annual Accounting and Tax Symposium Neil D. Katz, J.D., LL.M, CPA, Managing Partner of Katz Chwat, P.C. President and Principal Lecturer at Katz Tax Seminars, LLC in Melville, NY and a long-standing member of the National Conference of CPA Practitioners (NCCPAP), will be presenting two topics at the this year’s Annual NCCPAP Accounting & Tax Symposium (ATS 2020), taking place on November 10, 13, 18, and 19. As has been his tradition for many years, he ... Read More

  • ATS Speaker Announcement

    Blog Entry

    Robert S. Barnett to Speak at NCCPAP’s 18 th Annual Accounting and Tax Symposium Robert S. Barnett, CPA, Esq., MS (Taxation), Founding Partner of Capell Barnett Matalon & Schoenfeld LLP of New York City and Jericho, NY, has been invited to present a number of critical estate planning and tax-related topics at ATS 2020, NCCPAP’s Annual Accounting and Tax Symposium. The conference will take place on November 10, 13, 18 and 19 in a virtual format. As a past President of The Educational ... Read More

  • ATS Speaker Announcement

    Blog Entry

    Frank A. Gallo to Speak at NCCPAP’s 18 th Annual Accounting and Tax Symposium Frank A. Gallo, CPA and Managing Partner of Gallo & Company CPA's LLP of Jericho, NY is a long-standing member of the National Conference of CPA Practitioners (NCCPAP), a member of the Nassau/Suffolk Chapter of NCCPAP, Board Member of the Educational Foundation of the Nassau/Suffolk Chapter of NCCPAP, and Vice President of NCCPAP at the national level. This is his sixth year as a Symposium presenter. He will be ... Read More

  • Blog Entry

    Some Final Comments By Neil H. Fishman, CPA, CFE, FCPA, CAMS, National President, NCCPAP October 20, 2020—It is hard to believe that I became President of NCCPAP only two years ago. In my first message as President, I made the comment that some people were thinking, “What took so long?” Long before I passed the CPA exam and got my license from New York (my Florida license came a few years later), I was attending NCCPAP meetings with my ears open and my mouth shut, learning the practical ... Read More

  • Blog Entry

    Scott Peterson, U.S. Tax Policy and Government Relations Expert, Featured as Keynote Speaker at NCCPAP’s 18 th Annual Accounting and Tax Symposium Scott Peterson, Vice President of U.S. Tax Policy and Government Relations, at Avalara—a Seattle-based tax compliance software company that helps to manage the complexity of sales tax nexus—will be a Keynote Speaker at this year’s NCCPAP Accounting & Tax Symposium (ATS 2020), taking place on November 10, 13, 18, and 19. Mr. Peterson, who has particular ... Read More

  • Blog Entry

    Topics Include: IRS Highlights, Taxpayer First Office, Office of Professional Responsibility, Return Preparer Office, and Wage & Investment Immediate Past President and current Tax Chair, Stephen Mankowski, CPA, recently attended the monthly IRS Meeting. IRS Highlights: Services & Enforcement Although it seems like ages ago when the CARES Act was passed, the IRS is getting ready to send an additional $9 million to taxpayers who have not filed tax returns for the past two years, since ... Read More

  • ATS Speaker Announcement

    Blog Entry

    Beanna J. Whitlock, Renown Liability and Professional Ethics Expert, to Present at NCCPAP's 18th Annual Accounting and Tax Symposium This year’s NCCPAP Accounting and Tax Symposium Attendees are in for quite a treat. Beanna J. Whitlock, EA, CSA is a Partner at Whitlock Tax Service in Canyon Lake, TX, Executive Director of the National Center for Professional Education (NCPE) Fellowship, former IRS Information Reporting Program Advisory Council Member, former IRS Commissioner’s Advisory Committee ... Read More

  • ATS Keynote Speaker Announcement

    Blog Entry

    James C. Bourke, Technology Expert and CPA, to Be Featured Keynote at NCCPAP’s 18 th Annual Accounting and Tax Symposium James C. Bourke CPA, CITP, CFF, CGMA, and Partner/Managing Director Advisory Services at Withum, an advisory, tax, and audit firm with offices around the globe, will be a featured Keynote Speaker at this year’s Annual NCCPAP Accounting & Tax Symposium (ATS 2020), taking place on November 10, 13, 18, and 19. Mr. Bourke has been speaking at the Symposium for many years and similar ... Read More

  • Blog Entry

    The Tax Season That Never Ends NCCPAP's Neil H. Fishman, CPA, CFE, FCPA, CAMS comments on the state of this filing season with Accounting Today’s  Editor-in-Chief, Daniel Hood. “Many in our profession feel that tax season normally runs through October 15 th because of all of the extensions, so this year is not different in that respect; however, there are more than enough issues that need clarity and guidance.” A synopsis of the conversation is below: CARES Act and PPP Looking ... Read More

  • Blog Entry

    ATS 2020, The 18th Annual NCCPAP Accounting and Tax Symposium, A Virtual Conference September 15, 2020—The Educational Foundation of the Nassau/Suffolk Chapter of NCCPAP and the Nassau/Suffolk Chapter of NCCPAP are proud to announce this year’s lineup for its Accounting and Tax Symposium (ATS). This year’s 18th event (formerly known as the Long Island Tax Professionals Symposium or LITPS) is going virtual…and national. Based on years of success and to accommodate work at home mandates, the organizations ... Read More

  • NCCPAP Executive Vice President, Mark A. Stewart Jr., CPA, will present to the Nassau County Bar Association's Business Law, Tax and Accounting Committee on September 16, 2020. Mark will speak about a variety of topics including the Executive Order on payroll tax deferral, selected CARES Act provisions and some future potential tax law changes.

  • President's Message – September 2020

    Blog Entry

    “It Was the Best of Times; It Was the Worst of Times.” By Neil H. Fishman, CPA, CFE, FCPA, CAMS, National President, NCCPAP September 3, 2020—As I write this message, Congress is on its annual summer break for the month of August and will not return until September 8. When they return, they will only be in session for about four weeks, and then they will be out campaigning for the upcoming election on November 3. While the results of that election remain to be seen, we are seeing divisions ... Read More

  • President's Message – August 2020

    Blog Entry

    “May you live in interesting times” By Neil H. Fishman, CPA, CFE, FCPA, CAMS, National President, NCCPAP What we have experienced in the first half of this year has never been seen by most people alive today—a combination of the Spanish Influenza Pandemic of 1919 combined with the Stock Market Crash of 1929. The impact to our country from both economic and social perspectives has been devastating to many. Businesses have been forced to close and some may never reopen. Businesses that have ... Read More

  • Blog Entry

    July 30, 2020— RE: Regulation of Tax Return Preparers According to the IRS, 62% of individuals who currently have a PTIN are not otherwise credentialed, meaning that there is no oversight, regulatory body or authority where individual taxpayers can file a complaint if desired. The proposed legislation to rectify the regulation of tax return preparer is S.1192/H.R.3330, “The Taxpayer Protection and Preparer Proficiency Act of 2019.” Back in 2010, the Internal Revenue Service announced that it ... Read More

  • NCCPAP Endorses S.3612

    Blog Entry

    July 28, 2020— RE: CARES Act, PPP Forgiveness and Expense Deductibility As the month of July comes to a close, there are several aspects of the CARES Act, that are scheduled to end, which will impact both businesses and individuals. Currently, Congress is busy working on additional legislation that would assist those businesses and individuals who are still affected by the pandemic. As this legislation is being discussed, there are two issues that we would like to bring to the attention of Congress ... Read More

  • June 2020 IRS Update From NCCPAP

    Blog Entry

    Topics Include: Economic Impact Payments, Nationwide Tax Forums, Pension Plans & COVID-19, Small Business/Self-Employed Division, and Qualified Business Income Deduction Immediate Past President and current Tax Chair, Stephen Mankowski, CPA, recently attended the monthly IRS Meeting. IRS Update The IRS is continuing to reopen its operations around the country, starting with several states in June and adding more each week; all remaining states plan to reopen by July 13. All offices remain ... Read More

  • May 2020 IRS Update From NCCPAP

    Blog Entry

    Topics Include: Update from Commissioner Rettig and COVID-19 Compliance Issues Immediate Past President and current Tax Chair, Stephen Mankowski, CPA, recently attended the monthly IRS Meeting. IRS Update You may be interested in the critical role of the IRS during the COVID-19 pandemic and how it is modernizing, expanding, and meeting the needs of taxpayers above and beyond normal conditions.   Commissioner Rettig began this month’s session by reinforcing the IRS brand as patriotic—one ... Read More

  • We Did It - H.R.7010 Passed and Signed!

    Blog Entry

    We did it. H.R.7010 Paycheck Protection Program Flexibility Act of 2020 was officially passed. NCCPAP was instrumental at every stage of the process. We pointed out the issues with the PPP, wrote letters to the appropriate decision makers at the SBA and within our government, made arguments with specific suggestions, stayed on top of this, and made a difference. That's what NCCPAP advocacy is about and why we're so proud to be members of an organization that takes action—to support taxpayers and ... Read More

  • NCCPAP Supports H.R.7010

    Blog Entry

    Paycheck Protection Program Flexibility Act of 2020 On May 28, 2020, the United States House of Representatives passed H.R.7010, the Paycheck Protection Program Flexibility Act of 2020, by a vote of 417-1. The National Conference of CPA Practitioners announces its support of this legislation. When the CARES Act was passed in March, many of its provisions were designed to assist the small business owner; however, they were written vaguely and became subject to interpretation by the U.S. Department ... Read More

  • Normally, May is the time where the NCCPAP (National Conference of CPA Practitioners) Board of Directors, Tax Committee, and other members go to Washington, D.C. Their purpose is to meet with members of Congress, the IRS, U.S. Department of the Treasury, and others who create the laws, and the interpretation of those law, that affect taxpayers. It is a highlight of the year, involving a twelve-month-long process to set an agenda, select those government representatives to visit, match NCCPAP members ... Read More

  • May 14, 2020— Dear Senators Grassley and Wyden: The National Conference of CPA Practitioners (NCCPAP) wishes to express its appreciation for the efforts of you and your colleagues in the United States Senate to help small businesses across the country during the current COVID-19 pandemic. At this time, we want to give our support to S.3612, the “Small Business Expense Protection Act of 2020.” It is clear to us that when the CARES Act (H.R.748) was passed, the intent was to provide assistance to ... Read More

  • Blog Entry

    April 22, 2020— Dear Secretary Mnuchin & Administrator Carranza: As the current economic situation has developed, another action was taken by Congress to create the Paycheck Protection Program (PPP). This program was designed to assist small businesses in retaining their employees during the crisis by providing business owners with funds to be able to retain and pay their employees while their businesses were affected by the current situation. As you are aware, the funds allocated for this program ... Read More

  • April 9, 2020— Dear Secretary Mnuchin & Administrator Carranza: When the current economic crisis hit the United States last month, Congress moved as quickly as possible to provide assistance to small businesses across the country, recognizing that small businesses are the backbone of our country and our economy. Yes, we do have large, multi-state, multi-national business entities today, but they all have one thing in common: when they first started their business enterprise, they were a small business. ... Read More

  • March 2020 NPL Update from NCCPAP

    Blog Entry

    Topics Include: Update from Commissioner Rettig and COVID-19 Compliance Issues Immediate Past President and current Tax Chair, Stephen Mankowski, CPA, recently attended the March 2020 IRS NPL meeting. Bookmark this IRS Page for Ongoing Updates Regarding Coronavirus Tax Relief Update from Commissioner Rettig The IRS is experiencing similar concerns as we are, plus they are a vital component at this time. In addition, they will also be responsible to pay out the stimulus payments from the ... Read More

  • Blog Entry

    March 24, 2020—The National Conference of CPA Practitioners (NCCPAP) is quite pleased with Treasury Secretary Steven Mnuchin’s response to our letter calling for an extension to the tax deadline. On Friday, March 20, the U.S. Department of the Treasury responded to further requests, from NCCPAP and others, by revising their initial decision and extending the deadline for both filing and payment of taxes to July 15, 2020. “While we urged an October deadline, granting the extension to July is a very ... Read More

  • Letter to Treasury Secretary Mnuchin

    Blog Entry

    March 19, 2020— Dear Mr. Secretary: With regard to the release of Notice 2020-17, ‘Relief for Taxpayers Affected by Ongoing Coronavirus Disease 2019 Pandemic’, I am certain that by now your office has received thousands of letters, e-mails and phone calls from CPAs, EAs, attorneys and other tax return professionals. The action taken by the U.S. Department of the Treasury with respect to the preparation and filing of 2019 income tax returns, along with any payments that would be due with those returns ... Read More

  • Blog Entry

    March 13, 2020—The National Conference of CPA Practitioners (NCCPAP) today calls for the United States Department of Treasury and the Internal Revenue Service (IRS) to grant immediate relief for all taxpayers due to the uncertainty of the Coronavirus (COVID-19) pandemic. NCCPAP is requesting that the IRS and the U.S. Department of the Treasury consider the following: No penalties for tax years 2019 and 2020: NCCPAP is requesting that tax returns due after March 15, 2020 neither be penalized ... Read More

  • IRS Virtual Currency Summit

    Blog Entry

    On Tuesday, March 3, National Conference of CPA Practitioners (NCCPAP) President Neil H. Fishman, CPA, CFE, FCPA, CAMS, and its Past President, Tax Chair and IRS National Public Liaison, Stephen Mankowski, CPA, attended the IRS Virtual Currency Summit in Washington, DC, hosted by IRS Commissioner Charles Rettig and Assistant Deputy Commissioner, Compliance Integration John Cardone. There were several discussion panels on topics including: Technology; A View from two Virtual Currency Exchanges (Coinbase ... Read More

  • February 2020 IRS NPL

    Blog Entry

    Topics Include: Taxpayer First Act, New Advisory Group for Foreclosure Notices, and IRS Vision 2020. Immediate Past President and current Tax Chair, Stephen Mankowski, CPA, recently attended the February 2020 IRS NPL meeting. At a Glance Updates SECURE Act: With the 10-year rule on inherited IRA, several charities are pushing for donations from these IRAs to mitigate the tax burden. Filing Season 2020: “Avoid the Rush” communications will be coming soon from the IRS. Updated Publications: ... Read More