NY State Society of CPAs Elects Association’s 101st President

June 9, 2020 

NY State Society of CPAs Elects Association’s 101st President

Arcara is a member of the American Institute of Certified Public Accountants (AICPA) council and the New York Chapter of the National Association of Tax Professionals (NATP), and currently is serving as a board member and on its Education Committee.

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June 9, 2020 

High Fees for Compensation Consultants Leads to Higher CEO Pay

With high CEO pay a decades-long source of agitation among observers of corporate management, it is no surprise that there has been much finger-pointing at the army of executive-compensation (EC) consultants that companies look to for guidance on this matter.

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June 8, 2020 

World Bank Predicts Worst Recession Since WWII

Global gross domestic product will probably shrink 5.2% in 2020, the Washington-based development organization said in its semi-annual Global Economic Prospects report Monday. Emerging and developing economies will shrink 2.5%...

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June 8, 2020 

IRS Warns of New Tax and Coronavirus Payment Scams

Criminals are continuing to use the COVID-19 Economic Impact Payments as cover for schemes to steal personal information and money. Scams related to COVID-19 are not limited to stealing EIPs from taxpayers, however.