When the average American taxpayer (or tax-dodger, one supposes) hears the word “audit,” they’re likely struck with a feeling somewhere between annoyance and terror—usually because being audited means that something has been found amiss in …
If you want to find out about the history of a town, region or country, head to a museum or look it up on the Internet. If you want to find out about your family’s history, look at your photo album, whether it’s in a book or online. And…
Unless you have a degree in accounting, your first board meeting could come as a bit of a shock. You probably knew board members oversee the finances of the corporation, but who knew there were so many records to produce and filing dea…
Organizing and keeping a co-op or condo’s books and other records is, on the surface, not that different than keeping a budget for one’s home. But there are many important differences—filing deadlines, tax requirements, reports…
From attorneys to contractors, every building has a list of various professionals to work with to keep things running smoothly. One of the most important of these professionals is the building’s accountant. One wrong calculation or miss…
Q Does the sunshine law pertain to co-ops? And if so how, as far as keeping shareholders in the dark about misused finances? We recently overturned our board except for the president that still is finishing her term. The new vice pre…
As the oldest state accounting organization in the country, the New York State Society of Certified Public Accountants (NYSSCPA) holds an iconic place in the numbers realm. With 16 chapters spread out across the state, from the Adirondac…