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CEO Corner
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Dear Hannah,
This was a big week! The Board of Public Accountancy voted last week to extend the June 30 deadline for even-year license renewals and CPE requirements to September 30, 2020, and to extend the firm affidavit deadline to November 2, 2020. To read the official notice from the Board of Public Accountancy, click here. We are grateful to the Board members and the Division of Professional Licensure staff for their efforts and for working with us to provide much needed relief to our members during this time.
On the Society front, I'd like to thank everyone who voted to approve the 2020-21 Board officers and first-year directors! For more information about this newly-elected group, click here. This vote solidifies our 2020-21 Board of Directors, and I'm proud to officially introduce the new roster:
Officers:
- Chairman: John Colucci, Esq., CPA, McLane Middleton, Professional Association
- Chairman-Elect: Robert Miller, CPA, CFE, Stone & Company, LLC
- Vice-Chairman, Finance: Karen McElroy, CPA, Deloitte & Touche LLP
- Vice Chairman, Audit: John Geraci, CPA, LGA, LLP
- Immediate Past Chairman: John Micalizzi, RSM US LLP
Directors:
- Shay M. Blanchette, CPA, Babson College
- Elise R. Caputi, CPA, KLR
- Lauren Davides, CPA, State Street
- Laura L. Felice, CPA, CGMA, BJ's Wholesale Club
- Declan E. Lee, CPA, KPMG
- Laura P. O'Brien, CPA, ALL CPAs
- Sandra Richtermeyer, Ph.D, CMA, University of Massachusetts Lowell
- Julie Quink, CPA, CFE, Burkhart Pizzanelli, PC
- Brian Renstrom, blumshapiro
- Carol L. Ruiz, CPA, PwC LLP
- Ronald R. Tull, CPA, Schofer Dillberg & Company, Inc.
- James J. Wegmann, CPA, Fidelity Investments
Our Board will help guide the Society's strategy and leadership, and I could not be more excited to work with this outstanding group in the year ahead!
Lastly, the Society will be closed on Monday, May 25 for Memorial Day. I wish you all a wonderful, healthy and safe weekend!
Amy Pitter
MSCPA President/CEO
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Get Involved
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Maximize Your Membership: Get Involved Webinar (5/27)
Join us on Wednesday for a FREE 30-minute webinar to learn how you can get the most out of your MSCPA membership! We'll be covering who we are, what we have to offer and how you can get involved. You'll learn about our webinars, seminars, committee meetings, roundtables, networking opportunities, resources and more. REGISTER
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Join an MSCPA Committee
With the ongoing COVID-19 pandemic and many businesses
encouraging staff to work from home, we are pleased to offer online committee meetings, allowing you to continue to safely hear from top-level speakers and connect with your peers! Joining an MSCPA Committee is a great way to hear the latest updates from experts in the profession, expand your network, gain experience, ask questions and share insight with other MSCPA members. To learn more about our committees, click here or contact committee liaison Jill Foley.
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12th
Women to Watch Awards: Call for Nominations
We are now accepting nominations for the 2020 Women to Watch Awards, to be celebrated at the Women's Leadership Summit on October 28 at the Renaissance Boston Waterfront Hotel and to be profiled in
SumNews. If you know a woman who we should "watch," nominate her by June 30.
LEARN MORE
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We're Here to Help
These are unsettling times and our world as we know it has been put on hold, throwing us into a new normal. Now, more than ever, we must support one another and come together as a community. We are here for you as we navigate these uncharted waters and will get through this difficult time together. Please show your support by taking a photo holding up a sign with the hashtag
#CPAStrong
to send to Brendan Sullivan for us to share on our social media platforms.
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| Virtual Conferences
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New to virtual? We'll help you! Simply register on our website, and we'll email you prior to the event with the viewing link and materials. No added technology or software is needed! Please contact Katlyn Ribeiro with any questions.
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LAST CHANCE TO REGISTER!
Our Employee Benefit Plan Virtual Conference is next Thursday! Join us on May 28 to hear from top-notch speakers who will be covering risk management and internal controls, best practices for auditors, legal and regulatory updates and more. REGISTER
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Our 2020 Accounting & Auditing Virtual Conference is less than two weeks away! Join us on June 3 for a day of learning that will equip you with the tools you need for a successful year ahead. Our stellar line up of speakers will be covering AI in auditing, updates on audit, attest and SSARSs standards, risk assessment, lease accounting and more. REGISTER
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Virtual Networking Event
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Multi-State Young Professionals Virtual Happy Hour (6/18)
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The MSCPA has partnered with other state CPA societies to host a virtual young professional networking event. Grab your favorite beverage and join young professionals in the CPA profession from across the Eastern Time Zone. This is a great opportunity to expand your network and find out how other states are adapting to the current work environment as you connect with other young CPAs in multiple states. Space is limited so reserve your spot today! REGISTER
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| Virtual CPE
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Remote Work: Securing the Health of Your Practice, Team and Clients Amidst COVID-19 (5/27)
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Explore best practices to preserve the health of your business, serve your clients and manage team members in a remote environment, enact crisis management leadership strategies to ensure your business stays healthy during this economic "pause," examine how to employ social distancing and enable work for your team and clients and more. REGISTER
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Data Analytics and Dashboards (6/1 - 6/2)
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Learn how to apply data analytics and create visual dashboard reporting models, understand the various Power BI tools available, know which Power BI tool to use in various situations and how to use Power Pivot to take your data analysis to the next level, create measures that are not possible in regular PivotTables and more. REGISTER
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Your Feedback is Needed
The Board of Public Accountancy (BoPA) recently extended the date for CPE renewal. We would love to know the types of programs you are looking for in the near future. Please complete this brief survey so we can plan accordingly. TAKE SURVEY
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| Legislative Updates
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Paycheck Protection Program's FAQs
The Small Business Administration (SBA) released an updated version of the Paycheck Protection Program's FAQs on Tuesday to include
Question 48,
which clarifies the deadline for lenders to complete the initial SBA Form 1502 reporting. For the full list of the PPP FAQs, click here. We expect additional guidance from the SBA in the coming days and will update you as soon as possible.
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COVID-19 MSCPA Legislative Brief
Read this week's COVID-19 MSCPA Legislative Brief, which offers federal and state updates regarding business loan programs, developments from the Departments of Labor and Health and news as it relates to the impacts of COVID-19 on our profession, the economy and the Society. READ NEWSLETTER
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| Member News
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Christine Hraiz
Senior, Suffolk University
Meet Christina Hraiz, a senior at Suffolk University! Read our interview with Christine from our May issue of
SumNews
to hear how receiving a scholarship from the MSCPA Educational Foundation has helped her, to learn about her upcoming internship at Deloitte and her current role as a President of Beta Alpha Psi (BAP) at Suffolk University and more. MEET CHRISTINE
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DGC (DICICCO, GULMAN & COMPANY LLP),
Boston/Woburn, announced that
STEPHEN MINSON, CPA, MST, MATTHEW MULRONEY, CPA, MST
and SAHRI ZEGAR, JD, MBA
hosted a webinar entitled, "COVID-19 Related Tax Strategies for Businesses and Individuals." The firm also announced that
GEORGE SHAW, CPA
gave a presentation to the NE500 Club discussing the tax implications of the CARES Act relating to net operating losses.
JOHNSON O'CONNOR,
Wakefield, announced that
PATRICK BEVINGTON, CPA MST, KRISTOPHER HEBERT CPA MSA and RICHARD O'CONNOR, CPA MST were panelists of a complimentary real estate webinar hosted by BOMA Boston in April regarding key tax provisions and business practices during uncertain times.
TONNESON + CO, Wakefield, announced that the firm donated approximately 700 KN95 masks and over 2,000 three-Ply Surgical masks to first responders, local hospitals and nonprofit organizations. KN95 and 3-ply surgical masks were donated to the Wakefield Fire Department, Wakefield Police Department, Melrose Wakefield Hospital, Lahey Hospital and Medical Center, Care Dimensions and Tewksbury State Hospital. The firm also donated three-ply surgical masks to Catie's Closet and the Wakefield Food Pantry.
SHARE YOUR NEWS |
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Unitary Return for QSub?
Accountants Scrap with Banks For Billions in Paycheck Protection Fees
PPP Stuff
Meals Tax Audit Massachusetts DOR
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VIRTUAL TOWN HALL WITH AICPA PRESIDENT AND CEO (6/16)
The COVID-19 pandemic is presenting challenges and opportunities for the accounting profession.
Barry Melancon, CPA, CGMA, president and CEO of the American Institute of CPAs (AICPA),
will discuss how the profession is addressing disruption and reimagining its services to remain trusted advisers in a complex, rapidly changing world. Topics will include the innovation of core services, new and emerging technologies and the evolution of CPA licensure.
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An MSCPA member who serves on the Board of Governors of the Shriners Burns Hospital in Boston is offering to help those with children under age 19 who have severe burns. For more information, please contact Larry Schwartz.
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Board Member/Part of Audit Cohort - Bristol County for Correctional Justice
Board Member - Treasurer Sage Montessori School
Volunteer Board Member - Brockton Area Multi-Services, Incorporated (BAMSI)
Venture Fund Volunteer - United Way of Massachusetts Bay and Merrimack Valley
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Staff Accountant - eCratchit Inc.
Healthcare Supervisor - Edelstein & Company LLP
Tax Accountant II - American Outdoor Brands Corporation/Smith & Wesson
Individual Tax Manager - Mason + Rich, PA
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CPAs (Permanent Part-Time) - Robert S. Fineman PC
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