News

June 7-8, 2012 Hilton McLean - Tysons CornerThe Annual GWSCPA Government Contracting Conference is the premier government contracting event in the Mid-Atlantic Region.  Our members and conference attendees come from inside the beltway and…

With last year's 23rd Not-for-Profit Organizations Symposium big success, we are already in full swing for this year's agenda.  Click on the link below to fill out our call for speaker submission form and please make sure you email it to Ashley…

The Wall Street Journal recently spoke to Melissa Labant of the AICPA’s tax team about tips for taxpayers as they wait to see if Washington addresses major tax questionsin 2012; a number of major tax cuts are set to expire at year's end. Labant…

In our nearly eighty-nine years as the premier membership organization serving the CPA profession in the Washington area, we have seen a great number of outstanding and influential leaders at the GWSCPA. Now, it could be your turn.... The…

Tuesday, Jan. 17, marks the start of tax season, as the IRS opens up its system to accept e-filed individual tax returns. It will also start accepting returns through its Free File program on Tuesday. Unlike last year, when the start of tax…

FASB and the IASB today issued investor-focused common disclosure requirementson the effect or potential effect of offsetting arrangements on a company’s financial position. U.S. GAAP and IFRS differ on the criteria for offsetting, also known as…

In Notice 2012-4, the IRS extended the filing deadline for Form 990 until March 30, 2012, for many tax-exempt organizations with a filing due date during the first two months of the new year. Organizations affected by the extension normally would…

Record Retention Policies – How Long Do I Need to Keep these Records?By Kathleen M. Jackson, CPA Novak Francella LLC, Philadelphia, PAIt’s now the end of the year.  Are your filing cabinets so full, that you can not file the new agreements for 2011? …

  Since 1963, the GWSCPA Scholarship Fund has been making awards to local university students pursuing a career in accounting. To date, we have given over $250,000 in scholarships out to deserving students, many of whom have gone on to become our…

Stanley Berman, CPA, CFO of Global Impact, and President of the Greater Washington Society of CPAs has been named Non-Profit CFO Of The Year for 2012.