NCCPAP News

  • Two of our distinguished leaders have been recognized by Accounting Today in its popular annual industry publication: Top 100 Most Influential People in Accounting . Congratulations NCCPAP President, Frank Sands and Tax Co-Chair and NPL Liaison, Stephen Mankowski. Both were featured in this year’s supplement. See who else had made the list by clicking here ! Frank Sands , CPA President, NCCPAP Now in his second year as president of the National Conference of CPA Practitioners, ... Read More

  • President's Message - November 2023

    Blog Entry

    By Frank Sands CPA, National President, NCCPAP We held our annual meeting October 26-27 in Nashville. Everyone had an enjoyable time. Several members were accompanied by their significant others. We attended the Country Classics show at the Grand Ole Opry. It was a wonderful experience. A few of us were in Nashville for a couple of extra days to enjoy the city and its many attractions and music. We work hard at these meetings but also make sure our free time is engaging and enjoyable. ... Read More

  • Blog Entry

    Thank you to all that attended and participated in our October NCCPAP NOW event. It was another great success, and we hope you enjoyed the topics presented. This session covered the latest happenings in the profession including a message from the NCCPAP President, a tax update (based on current legislation at the moment), and a featured presentation on Occupational Fraud. Click here to watch the recording and download the slides from the event. If you attended the live event, click ... Read More

  • President's Message - October 2023

    Blog Entry

    By Frank Sands CPA, National President, NCCPAP The first week of May NCCPAP was in Washington DC. This is the first time since Covid we were able to meet with representatives to discuss our tax agenda in person. Our goal is to recommend fixes to issues arising from tax administration and regulations. We had three teams and eleven appointments. If you were not able to attend this year, I highly recommend you do so at your next opportunity. We have had success with our ongoing efforts which ... Read More

  • Tax Update - September 2023

    Blog Entry

    Tax Update – September 2023 Best Practices: “How to prepare for and what to do when a tax practitioner dies” ( Alert No. 2023-05 ) This Alert walks practitioners through the steps to establish a ‘best practices’ continuity plan for death or incapacity. Practitioners are advised to have an arrangement in place with another practitioner in their region in the event of incapacitation and continue to operate the practice until properly closed down or transitioned to another owner. ... Read More

  • Blog Entry

    Why Occupational Fraud Occurs Don’t miss out on this important session featuring our guest speaker, former NCCPAP President, and 2022 Gold Award recipient, Neil H. Fishman, CPA, CFE, FCPA, CAMS. Accountants and auditors are responsible for detecting and deterring fraud by evaluating accounting systems for weaknesses, designing and monitoring internal controls, determining the degree of organizational fraud risk, interpreting financial data for unusual trends, and following up on fraud ... Read More

  • Celebrating Excellence: Congratulations to Enerik Zenjelaj, Winner of the Carol Markman, CPA Accounting Scholarship! We are delighted to announce and extend our warmest congratulations to Enerik Zenjelaj, the deserving recipient of the esteemed Carol Markman, CPA Accounting Scholarship! Enerik's exceptional accomplishments, dedication, and passion for accounting have truly set him apart as an outstanding candidate for this prestigious award. Enerik is currently pursuing a Master's ... Read More

  • Tax Update - June 2023

    Blog Entry

    Tax Update – June 2023 Taxpayer Experience Office Update The Office is comprised of 100 employees who run four operating branches: Community engagement: the ability to understand and get issues resolved Insights/analytics: the use of “big data” Multi-channel experience: surveys, focus groups, outreach, and other media Portfolio management: keeping track of all goings-on within the Office The desire is for the IRS to provide world-class levels of service and communications; ... Read More

  • Blog Entry

    Thank you to all that attended and participated in our June NCCPAP NOW event. It was another great success, and we hope you enjoyed the topics presented. This session covered the latest happenings in the profession including a message from the NCCPAP President, a tax update (based on current legislation at the moment), and a featured presentation on Beneficial Ownership Information regulations. Click here to watch the recording and download the slides from the event. If you attended ... Read More

  • Join Us at NCCPAP NOW on June 12, 2023

    Blog Entry

    Information Collection & Maintenance Related to the New Beneficial Ownership Information (BOI) Regulations Don’t miss out on this important session featuring our guest speaker, Melanie Lauridsen, Director of Tax Practice & Ethics at AICPA. She will be speaking about the new Beneficial Ownership Information (BOI) Regulations that take effect on January 1, 2024, and how they will affect taxpayers. At the center of this discussion is the need for businesses to understand their filing obligations ... Read More

  • Tax Update - April 2023

    Blog Entry

    Tax Update – April 2023 Inherited Individual Retirement Accounts (IRAs) There are some notable, but mostly beneficial, rule changes related to IRAs and RMDs . Beginning in 2023, the SECURE 2.0 Act raised the required age that you must begin taking RMDs, to 73. If you reach age 72 in 2023, the required beginning date for your first RMD is April 1, 2025. If you reach age 73 in 2023, you were 72 in 2022 and therefore subject to the age 72 RMD rule in effect for 2022. If you reached ... Read More

  • Tax Update - March 2023

    Blog Entry

    Tax Update – March 2023 Tax Year Progress From the IRS’s perspective, there is NO March Madness. They have cleared the carryover backlog for original return processing. The average answer time and level of service have vastly improved to over 80% level of service. Taxpayers are able to respond to notices online and the IRS has been receiving them. Online payment plans have been successful with over 11K agreements secured in the first month. New Voice Bots are rolling out in ... Read More