A Hard Look at Tax Software: 2006 Annual Survey of New York State Practitioners

By Susan B. Anders and Carol M. Fischer

This article presents the results of the authors’ fifth annual survey of tax software used by New York CPAs. Although users’ ratings of tax software packages declined slightly, overall, most respondents report that they are satisfied with available products. Survey participants reflect the national shift toward the utilization of integrated software packages that provide other applications, such as accounting, payroll, financial planning, or document management. Furthermore, tax preparation software appears to drive the package choice. The survey found increased use of electronic filing, and a continuing disinterest in online client organizers and application service providers. Finally, 96% of respondents complete all of their tax preparation work in-house, while only 1% were considering outsourcing the preparation of tax returns.

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Publisher's Column

Sarbanes-Oxley Section 404 and Mandatory E-filing

In recent years, in-house corporate tax departments have evolved from cost centers focused on efficiently complying with the tax law, to profit centers focused on reducing a company’s effective tax rate. On top of their normal tax compliance and planning functions, corporate tax departments have recently been confronted with a litany of new regulatory requirements. Both of these issues force many tax departments to dramatically change their processes. Full Story

Asking Tough Questions About the 150-hour Requirement

The idea to require students to complete additional, postgraduate education before becoming eligible to receive a CPA license was first introduced by the AICPA in 1959. In that year, the AICPA’s Special Coordinating Committee to Study the Report of the AICPA Commission on Standards of Education and Experience for CPAs recommended that postgraduate study be adopted as a requirement for the CPA certificate.
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2005 Max Block Award Winners Recognized

The winners of the 2005 Max Block Distinguished Article Awards were announced and presented at the NYSSCPA’s 109th Annual Election Meeting and Dinner on May 18. The presentations were made by NYSSCPA 2005/2006 President Stephen Langowski. The award recognizes excellence in three categories that reflect The CPA Journal’s mission. The winners are as follows. Full Story

The CPA Journal is broadly recognized as an outstanding, technical-refereed publication aimed at public practitioners, management, educators, and other accounting professionals. It is edited by CPAs for CPAs. Our goal is to provide CPAs and other accounting professionals with the information and news to enable them to be successful accountants, managers, and executives in today's practice environments.

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