Dear Friends,

As many of you prepare to wrap up busy season this year, the pace is picking back up here at GWSCPA with lots of springtime events and finalization of plans for next year.   As you'll see below we are offering some interesting new CPE programs designed specifically for our members' interest areas, as well as some fun social events like Night at the Races, to give everyone a chance to cut loose with other wild and crazy accountants, all while supporting future CPA scholarships.

On the Mobility front we continue to make progress, and I anticipate that we will get to a public hearing on that legislation soon.  I'll be providing a more detailed update at our April Membership Meeting, so please plan to join us and let em know if you are willing to help in that effort.

Sincerely, 

Kari Bedell

Executive Director 

What's new at the GWSCPA?  

 GWSCPA airs radio ads promoting the CPA Credential

During the month of March the GWSCPA aired commericals on WMAL and WASH-FM promoting the CPA credential, and letting DC area listeners know there is no subsitute for having a CPA do their taxes.  If you missed them when they aired, listen to the ads now here.   

The GWSCPA has put out a call for speakers for the 2011 GWSCPA 2nd Annual Technology Conference.  Find all the details

here.  Deadline is May 31, 2011. 

GWSCPA to award scholarships to local University students

The GWSCPA Scholarship Committee had a tough time deciding which which students to award our annual scholarships to from a deserving pool of applicants.  The Awards Ceremony will be at the National Press Club on April 19, 2011.  Please RSVP to attend.  Seating is limited.

Upcoming events  

GWSCPA Quarterly Membership Meeting

Come join us for our quarterly membership meeting. The meeting will start with a GWSCPA update on the society and then there will be a CPE session on Tax Provisions of the Health Care Legislation. The program will examine the tax provisions of the 2010 health care legislation affecting business and individuals including the first regulations thereunder. 

Register 

2nd Annual Night at the Races

Join us in our second year of A Night at the Races event. Selected to coincide with the spring's premier horse racing events, this interactive event features actual footage from videotaped horse races, along with a live race caller, betting opportunities and cash prizes for our best dressed winners. Reception, dinner, drinks and one bet ticket are all included with your individual registration and there will be plenty of opportunities to place bets on your favorite horses! All of the proceeds benefit the GWSCPA's Scholarship Fund.

REGISTER 

Please Contact Ashley Worthington if you would like to purchase a whole table, a horse, or a race. 

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Commitee Meetings 

7th Annual Government Contracting Conference filling up fast!  

This one of a kind event has grown to encompass two full days of outstanding presentations on a wide range of topics of interest to today's contracting community. Join us for 14 hours of CPE featuring outstanding speakers from government and industry. View complete program and REGISTER HERE 

GWSCPA 23rd Annual Not For Profit Symposium Dates Announced

Nominations for the AICPA Outstanding CPA in Government award for 2011

The AICPA is looking for nominations for Outstanding CPAs in Government.   The deadline is May 14th. The AICPA Outstanding CPA in Government Award has two major purposes. The first is to recognize the achievements of individual CPAs employed in government at the local, state and federal level. The second is to promote the CPA designation as the premier professional credential for accounting, auditing, and finance professionals in government.  This award gives the AICPA the opportunity to positively recognize the achievements of outstanding CPAs in government. Please take time to nominate a deserving CPA today.

CPAs are the best when it comes to filing your taxes

A great example of why a CPA is the best way to get your taxes done.  CBS has a Florida couple use three methods of doing their taxes, and the couple has the best result by using a CPA.  See the results here.

George Washington University seeks new professors

The George Washington University's Department of Accountancy is accepting applications for positions as part time instructors.  Specific teaching needs vary from semester to semester.  We offer undergraduate and graduate degrees in accountancy, and therefore, offer a range of daytime and nighttime courses.  Please indicate the courses and times of day you might be interested in teaching.  A listing of courses taught in the Masters program can be found at http://business.gwu.edu/maccy/academic/, and courses taught in the undergraduate program can be found at http://business.gwu.edu/ugrad/academics/fouryear/baccy.cfm.

If interested, please send your resume to Dr. Robin Tarpley (rtarpley@gwu.edu).

The Senate has passed H.R. 4 which repeals the 1099 reporting provisions for businesses and for rental properties.  The vote was 87-12.

Since the House has already passed this bill, and the Senate made no modifications, it now goes to President Obama for his signature.  Although the President has indicated that he opposes the "pay-for" provision that's included in the bill, he has supported the repeal of the 1099 reporting requirements, and we expect him to sign the bill into law. (GWSCPA) 

IRS Seeks IRPAC Nominations

The Internal Revenue Service said Monday it is looking for nominations for its Information Reporting Advisory Committee, which provides outside advice on information reporting and administration issues. (Accounting Today)

Post Implementation Review of Accounting Standards 

On November 18, 2010, the Financial Accounting Foundation (FAF) announced that it is establishing a post-implementation review process for standards issued by the Financial Accounting Standards Board (FASB) and Governmental Accounting Standards Board (GASB).  (GWSCPA)

Find daily links to news like this on the *NEW* Legislative/Regulatory News section of the GWSCPA website.  Sinly login to access this members only professional resource.