Be Ready When GAAP Is Codified on July 1

Mark your calendars for July 1. It will be a landmark day for the accounting profession as the Financial Accounting Standards Board (FASB) Accounting Standards CodificationTM (ASC) will become the authoritative source of nongovernmental accounting literature (in addition to SEC pronouncements). The FASB ASC does not make changes in GAAP so much as in its … Continue reading

2009 CSCPA Leadership Council Meeting Alert

In planning for the new fiscal year, the CSCPA Board of Directors, like many boards, companies, institutions, and organizations, faced significant budget challenges. It weighed carefully where to invest membership dues dollars to maximize benefits and minimize costs in this challenging economic environment. Among its cost-cutting initiatives was the Board’s decision to suspend the Leadership … Continue reading

IRS Reminds Small Tax-Exempt Organizations to File E-Postcards

In a news releases, the IRS has reminded small tax-exempt organizations whose tax year ends on December 31 to file their annual electronic informational return Form 990-N (also known as the e-Postcard) with the IRS by the May 15 deadline. The e-Postcard is a simple, Internet-based form that asks a few identifying questions about the … Continue reading

City of Colorado Springs Announces Sales Tax Amnesty Program

Yesterday the City of Colorado Springs  announced a new program to help unlicensed and sales tax delinquent businesses clear up their accounts and bring more sales tax revenues into the City’s general fund. Beginning May 12, the “Sales Tax Amnesty Program” will temporarily reduce the amount of back interest and penalties due on sales taxes … Continue reading

Take Advantage of the CSCPA Career Center

Don’t step off the career fast track just because the economy is in the slow lane. If you’re looking for new employment, the CSCPA can help with CareerBank, the CSCPA’s online job bank with job listings from across the country. As a CSCPA member you can also access the CSCPA’s Resume Service. Place your resume … Continue reading

CSCPA Continues Sponsorship of CAMICO Insurance Programs

CAMICO has been the sponsored provider of professional liability insurance to CSCPA members since 1998. A.M. Best, the insurance rating company, recently rated CAMICO’s financial strength as B++ (Good), down from A- (Excellent). CAMICO responded to this news with a message from Lou Barbich, chairman of the board, and Ric Rosario, CEO. The CSCPA remains … Continue reading

IRS Office of Appeals Hosting an Open House June 18

The IRS Office of Appeals has extended an invitation to its open house. On the program is an update on alternative dispute resolution programs, and a session on effectively representing your client in appeals. June 18, 2009 9:00 a.m. – 11:30 a.m. Denver Appeals Office 1999 Broadway, Denver 2nd Floor Conference Room RSVP to … Continue reading

New Year, New Chair: Meet Ron Seigneur, CPA

Roots in the Heartland and an Audience with The King At one point in his life, Ron Seigneur, MBA, CPA, ABV, CFF, CVA, thought he was heading into his family’s restaurant business. He even went to Michigan State University (MSU) to get a degree in hotel, restaurant, and institutional management. His plans were derailed when … Continue reading