NCCPAP News

“May you live in interesting times” By Neil H. Fishman, CPA, CFE, FCPA, CAMS, National President, NCCPAP This purported Chinese curse could not be more appropriate than today. 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 ... Read More

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

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

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

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 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

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

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

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

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

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

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

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

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

NCCPAP President, Neil H. Fishman, CPA, CFE, FCPA, CAMS, was interviewed by Doug Llewelyn (of The People's Court ) on Monday, February 17, 2020. Neil spoke about taxpayer refunds and how the Tax Cuts and Jobs Act of 2017 brought significant changes to the law. With the 2020 filing season approaching, taxpayers should be concerned about compliance, now, more than ever. Listen to Neil's interview here:  https://www.blogtalkradio.com/closeupradio/2020/02/17/close-up-radio-spotlights-neil-h-fishman-of-fishman-associates ... Read More

NCCPAP was featured in Accounting Today 's "Collaboration is key in push for IRS Practitioner Services Division".  A group of ten IRS stakeholder organizations, led by the American Institute of CPAs, has recommended the creation of a Practitioner Services Division as one of a number of suggestions on implementing the Taxpayer First Act. “Over half of all taxpayers use a professional preparer to file their returns,” said Steve Mankowski, immediate past president and co-chair of NCCPAP. “We provide ... Read More

Date:  Monday, February 17, 2020 at 4PM EST To Listen Live: https://www.blogtalkradio.com/live To Call In: 347.996.3389 National Conference of CPA Practitioners (NCCPAP) President Neil H. Fishman, CPA, CFE, FCPA, CAMS, will be speaking on the topic of taxpayer refunds during his interview with Doug Llewelyn (of The People’s Court) on Monday, February 17, 2020 at 4PM EST. The interview will be broadcasted live by Close Up Radio. The Tax Cuts and Jobs Act of 2017 brought significant changes ... Read More

Topics Include: Enterprise Risk Management, Electronic Signatures, New Director for the Office of Professional Responsibility, and Taxpayer First Act Meetings. Immediate Past President and current Tax Chair, Stephen Mankowski, CPA, recently attended the January 2020 IRS NPL and Taxpayer First Act meetings. Mark Your Calendars Tax filing season opens on January 27, the 14th annual Earned Income Tax Credit (EITC) Awareness Day is January 31, and the IRS Budget (2021) will be unveiled on February ... Read More

President Trump, the Chairman of the SEC, An Emmy Nominee, and Neil Fishman, NCCPAP’s National President These movers and shakers have been recognized by Accounting Today as the Top 100 Most Influential People—those thought leaders and change-makers who are shaping the accounting profession. Congratulations to Neil H. Fishman, CPA, CFE, FCPA, CAMS, and NCCPAP President, who follows in the footsteps of other esteemed NCCPAP Presidents acknowledged by Accounting Today in previous years. This ... Read More

Topics Include: Disaster Assistance Relief, Identity Protection Program, IRSAC Briefing Book, and the new 2020 W-4 Immediate Past President, Stephen Mankowski, CPA, recently attended the November 2019 IRS NPL meeting. Highlights are as follows: National Tax Security Awareness Week A week full of events occurred last week beginning with a multi-city press tour commencing on Cyber-Monday. NCCPAP was invited to make some remarks and personal appearances in Miami, FL and Philadelphia, PA. Disaster ... Read More

Karen Giunta, CPA and Sanford Zinman, CPA Recognized for Their Lifetime Achievements NCCPAP Gold Awards are not to be taken lightly. In fact, they are not given out frequently. In addition, the previous recipients have the responsibility and honor of selecting the new recipients. As NCCPAP (the National Conference of CPA Practitioners) continues to celebrate its 40th Anniversary as an organization of ‘CPA practitioners helping CPA practitioners’, two individuals have been recognized for their lifetime ... Read More

NCCPAP National office and Nassau Suffolk Chapter are now at 185 Froehlich Farm Blvd., Woodbury, NY 11797. All phone numbers remain the same. #News

Please join us in congratulating the 2019-2020 Officers and Directors for the National Conference of CPA Practitioners (NCCPAP). The installation of Officers took place at The Fox Hollow in Woodbury, New York on October 23, 2019, to coincide with the organization’s 40th Anniversary celebration. The 2019-2020 Officers include the following individuals from their respective firms: President : Neil H. Fishman, CPA, CFE, FCPA, CAMS, Fishman Associates CPAs, Boynton Beach, FL Executive Vice ... Read More

NCCPAP's Neil H. Fishman, CPA, CFE, FCPA, CAMS shares the top issues facing the tax practitioner community with Accounting Today ’s Editor-in-Chief, Daniel Hood.  Listen to the Podcast #News

Donald Ingram, CPA; Richard A. Finelli, CPA; Carol Markman, CPA; and Peter Ciccone, CPA Recognized for Their Contributions to NCCPAP and the CPA Profession The National Conference of CPA Practitioners (NCCPAP) Nassau/Suffolk Chapter is pleased to announce its 40th Anniversary Silver and Bronze Award Winners, as well as a few honored members. Donald Ingram, CPA, CISA, MBA of Woodbury, NY is being recognized as the Silver Winner, awarded to the Chapter member who has demonstrated ... Read More

Edward P. Caine, CPA and Mary F. Bonawitz, CPA Recognized for Their Contributions to NCCPAP and the CPA Profession The National Conference of CPA Practitioners (NCCPAP) Delaware Valley (Philadelphia Region) Chapter is pleased to announce its 40th Anniversary Silver and Bronze Award Winners. Edward P. Caine, MBA, CPA, CFF, CITP, CGMA of Bryn Mawr, PA, is being recognized as the Silver Winner, awarded to the Chapter member who has demonstrated a longstanding commitment to NCCPAP ... Read More