Red Flags Enforcement Postponed

The Federal Trade Commission is delaying its enforcement of its “Red Flags rules” until June 1, 2010. Here’s the link for further information:

Member Services Director Weelans to Retire

Each year, Dec. 31 marks the end of a year. But Dec. 31, 2009, will be a little different. This year, it marks a beginning instead. On that date, Andrea Weelans, member services director and executive director for the Educational Foundation of the CSCPA, will begin her retirement after more than 22 years with the … Continue reading

AICPA Provides Tax Reform Principles to White House Panel

Barry Melancon, president and CEO of the American Institute of Certified Public Accountants, testifying before the President’s Economic Recovery Advisory Board at the White House October 16, called for comprehensive tax reform and revisions to the alternative minimum tax and estate and gift tax rules. “The dynamic American economy is rebounding slowly and, we believe, … Continue reading

DOR Computer Change Halts Refunds

A Colorado DOR computer upgrade that began September 1 and will run through October 31 will delay the processing of some tax returns and refunds during this time. The new upgraded computer system is scheduled to be up and running the first week of November. Here is the Colorado DOR’s announcement: Attention Tax Professionals The … Continue reading

DORA Recommends 150 Hours to Become a CPA

October 15, the Colorado Department of Regulatory Agencies (DORA) issued its 2009 Sunset Review report on the Colorado State Board of Accountancy. Notably, DORA recommends continuation of the State Board t0 2019 and an increase in the educational requirement to 150 hours for CPA candidates. No recommendation is made for requiring peer review of CPAs … Continue reading

Interview With Joanne Cook: Problem Solving, Cross Stitching, Always Assisting

Retirement is still a few years away, but when Colorado Society of  CPAs member Joanne Cook thinks about it, European travel and weekly golf games enter her mind. However, those thoughts are often followed by a couple of concerns. First of all, her retired husband, Bob, is a night owl. Joanne is not, so she … Continue reading