California CPA Magazine: December 2008

CAMICO: New Year Brings Changing of the Insurance Guard

Ric Rosario, CPA, CFE will soon take the reins as CEO of CAMICO, the nation’s largest CPA-owned provider of  insurance for CPAs. Before he steps in for John Dodsworth, CPA, we asked them both to reflect on CAMICO and its 22-year history.

Tax Season Toolkit [PDF]

This annual compilation of federal and state tax info offers tips, tricks, software support and updates on new laws.

New Labor Laws for 2009

There always seems to be something new in the area of labor law—especially in California. Here’s what employers and their advisers need to know for 2009 to help remain or get in compliance.

Mark E. Terman, Esq.
Capitol Beat: All Aboard 150 Hours

The time has come for California to hop aboard the 150-hour education requirement train. To do otherwise would restrict state CPAs’ practice.
Bruce C. Allen and Jeannie Tindel

Final Entry: YEPcentric

Tim Hancock, young and emerging professional—and pie baker—talks about the financial crisis and career expectations, and shares his CPA Exam strategies.

Expanding Reliability

The AICPA Accounting and Review Services Committee has begun the Reliability Project to explore permitting CPAs to perform certain control activities for their clients, while also expressing limited assurance on the financial statements..
Chuck Landes, CPA

Fed Tax: Economic Stabilization Act

Preparer penalties uptates, AMT changes and new IRA regs are just a few subjects covered by the 2008 Emergency Economic Stabilization Act.

Stuart R. Josephs, CPA
Smooth Sailing

Peer review season is in high gear and there are lessons to be learned about implementing the new audit risk standards. Following are some of the hot spots seen in peer reviews so far.
Marcia J. Hein, CPA

CA Tax: New Laws, Tools and Answers for CPAs

CalCPA's Committee on Taxation's annual meeting with the FTB provides updates on estimated payments, FTB audits, conformity, and more.
Damien B.M. English