Showing posts with label New York State. Show all posts
Showing posts with label New York State. Show all posts

Thursday, May 21, 2015

On the Empire Lines - Re-introducing the lines

On the Empire Lines - Re-introducing the lines:


We opened the Empire Lines in 2010 as a new line of consideration to the points where the skills could help across enttities for the needs on Accounting, Financials, Taxation,  Compliance and Analysis on

The Empire Line


We couldn't have picked a more complicated time because the Global Economy was still in the throw of the so called "recession" which had us in turn become very interested in what exactly was happening in the Global Economy so we integrated lines on Global Economic Research.


At the same time the challenges in the Domestic Economy where considerable and the more we worked with Taxation and Compliance research the more we became connected to the lines of the Economy and wondering if there were pathways we could dedicate some element of skills to help on the Economy. In fact it was the Study of Taxation, realizing that Taxation is a Function of Economic Policy and that while most people love to share with Accountants how they feel about Taxes, they seldom take the opportunity to remain connected to the critical line of Policy Decisions that tend to always reconnect to the Financials. So for the opportunities to help on Eligible Deductions, Eligible Credits and Awareness on the Policy lines we connected lines to certain common elements of Tax Policy to improve the opportunities of Entities and Individuals / Families and Communities to reconnect to Forgotten Policy lines. The Policy lines that we all seem more connected to in the College years unless that is your specific lines of work or if you were never interested but still impacted which is always a possible variable. 

So through process of Tax then Legal Research we arrived at Economic Research on the Policy Lines and more then a little bit concerned about the Deficits, Debts, Pensions, Retirement and considering that the key skills of Cost Accounting / Managerial Finance and Statistical Optimization are under - utilized skills to connect costs and drivers. Connecting the Costs and Drivers through analysis to help on the worthy goal of optimizing the value of Policy spends to help on the Economy and Growth. There are many valid needs but always the Economic constant of Unlimited Wants and Needs Matched to relatively scarce resources in Economic Terms making the skills of Cost Accounting and Statistical Optimization the skills of the hour to help allocate the inputs for the value of Outputs on the Policy lines as a worthy approach.  Hence the birth of DCarsonCPA on Financial Decision Making Research:


To the Core needs for:









For the broad lines on support by LOBs

and 

DCarsonCPA PRTC Communications lines on Services, Research and Outreach on the support lines as our Lines to help on cross sector Public / Private Partnership lines to help on awareness to the lines for growth and Economic Recovery to help on the Economy with Financial skills and awareness.


We are back on the Empire lines to help on the needs across sectors where our skills can help on the needs for Financials, Taxation, Compliance, Advisory and more as noted above. We will begin to bring some new updates soon to these lines but if you follow the Empire Lines (and DCarsonCPA on web) you'll see that we are in the Aggregate consistently with you working on ideas to help on Economic Growth and Full Recovery . Supporting an under heard message for the needs on reconciliation beyond the divides to the key points where we can meet on the needs for Entities, Individuals / Families and Communities. For the broad lines where we all can bring value to teamwork with Diversity to help on the Economy. Our lines are working for the immediate needs on Services, Research and exist with an inherent value of knowledge on Outreach that can help on both  Our needs on Services and on the Economy in the Aggregate where we ALL meet through Financials. as the Financials are the pathways to growth, efficiency and improvements that we ALL seek in one manner or the next in the Economy. 


Thanks for dropping by to learn more and we would be glad for the opportunity to connect on Compliant needs on services, research and outreach on the project lines for points where Public and Private lines meet to help on the Economy and Economic Growth including Trade support lines.

More online at DCarsonCPA

Sunday, May 5, 2013

NYS Rules at 5/1/2013

Following the lines of Updates from the Executive Branch in New York State - from the latest run on NYS Rules.





DCarsonCPA The Empire Line: at work with the important updates for Financial Decision Makers in NY, select states and on the National, State and Global points where we all connect as Financial Decision Makers with needs for Services in the Economy. Through the pathway of knowledge, experience, teamwork and research for the various needs of clients on Financial Decision Making in Government, Industry, Non Profit and Individal roles. Find the Empire Line at http://www.dcarsoncpa.com/regions/new_york_-_the_empire_state or connect with the overall LOBs on client services at http://www.dcarsoncpa.com/about_us/lobs_on_services

Friday, August 17, 2012

NYS Tax Statistics 2011

Checking in with New York State Tax Statistics a look back at 2011 - still relevant as 2012 is underway for overall awareness of NYS Taxes. For any State Government Taxation is the Funding arm of the Government to meet the many varied needs of providing services as required by the Consituency through support of Legislation and through the issuance of subsequent executive branch rules from the Departments and Agencies to meet the intent of Legislation through active process of Governance.

Below please find the 2011 NYS Tax Statistics Report:





2010 11 Annual Statistical Report of Ny State Tax Collections


DCarsonCPA.com is your weblink to the practice of Dean T. Carson II, CPA here to support NYS Financial Decision Makers in Government, Industry, Non Profit and Individual roles for immediate needs on services for Financial Decision Makers. We are here to help on immediate needs on Client Services. We also work where we can with information that connects Decision Makers to assist on Services and to help on the Economy (where we can) with knowledge and active research.

Our services include Accounting, Taxes, Financials and related services. Learn more at www.dcarsoncpa.com or e-mail info@dcarsoncpa.com ,

Sunday, July 29, 2012

NYS Corporations - § 717 Duties of Directors

NYS Corporations Rules:

 § 717. Duty of directors.

    (a) A director shall perform his duties as a director, including his duties as a member of any committee of the board upon which he may serve, in good faith and with that degree of care which an ordinarily prudent person in a like position would use under similar circumstances. In performing his duties, a director shall be entitled to rely on information, opinions, reports or statements including financial statements and other financial data, in each case prepared or presented by: (1) one or more officers or employees of the corporation or of any other corporation of which at least fifty percentum of the outstanding shares of stock entitling the holders thereof to vote for the election of directors is owned directly or indirectly by the corporation, whom the director believes to be reliable and competent in the matters presented, (2) counsel, public accountants or other persons as to matters which the director believes to be within such person's professional or expert competence, or (3) a committee of the board upon which he does not serve, duly designated in accordance with a provision of the certificate of incorporation or the by-laws, as to matters within its designated authority, which committee the director believes to merit confidence, so long as in so relying he shall be acting in good faith and with such degree of care, but he shall not be considered to be acting in good faith if he has knowledge concerning the matter in question that would cause such reliance to be unwarranted. A person who so performs his duties shall have no liability by reason of being or having been a director of the corporation.

(b) In taking action, including, without limitation, action which may involve or relate to a change or potential change in the control of the corporation, a director shall be entitled to consider, without limitation, (1) both the long-term and the short-term interests of the corporation and its shareholders and (2) the effects that the corporation's actions may have in the short-term or in the long-term upon any of the following: (i) the prospects for potential growth, development, productivity and profitability of the corporation; (ii) the corporation's current employees; (iii) the corporation's retired employees and other beneficiaries receiving or entitled to receive retirement, welfare or similar benefits from or pursuant to any plan sponsored, or agreement entered into, by the corporation; (iv) the corporation's customers and creditors; and (v) the ability of the corporation to provide, as a going concern, goods, services, employment opportunities and employment benefits and otherwise to contribute to the communities in which it does business. Nothing in this paragraph shall create any duties owed by any director to any person or entity to consider or afford any particular weight to any of the foregoing or abrogate any duty of the directors, either statutory or recognized by common law or court decisions. For purposes of this paragraph, "control" shall mean the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of the corporation, whether through the ownership of voting stock, by contract, or otherwise.

This citation as of Read Date 7/29/12 ALL NYS Laws are subject to change and update and you must confirm as relying or filing. For a Legal Interpretation of NYS Laws  you should contact a licensed NYS Attorney.  Awareness of NYS Laws and Rules is an important element of overall Compliance procedures that work in support of Attorney's needs.

There is a close relationship between the Laws and Rules of Compliance and corresponding duties of Accounting, Taxes, Controls, Financials and more where we may provide supporting services on Financial Decision Making for Directors including but not limited to Financial Due Diligence, Accounting, Financial Analysis, Budgeting, Forecasting and more depending on Financial needs. We may also be available to assist you in specialized analysis or Financial Support to better Analyze Financials as needed. We all have differing skills and abilities and our skills of Accounting, Financial Analysis, Research and Analysis may prove helpful to your needs.

Where you have corresponding needs of Financial Decision Making support services for your Directorship role find us at www.dcarsoncpa.com or e-mail info@dcarsoncpa.com .

NYS Executive Branch Rules for Last Week and the Quarter's update.

NYs Executive Branch Rules for NYS Rules at the various Departments and Agencies.


The Weeks Updates in NYS Rules:
Rules



The Quarter's Recap in NYS Rules:
072512 Qu



DCarsonCPA your weblink to the Practice of Dean T. Carson II, CPA following the Executive Branch updates in Rules in New York State for Financial Decision Makers in Government, Industry, Non Profit and Individual Roles. Available for clients on Services of Accounting, Taxes, Advisory, and more and considering the Broader Economy and ways to help through better connecting Financial Decision Makers. Learn more at www.dcarsoncpa.com or e-mail dean@dcarsoncpa.com .

Wednesday, June 13, 2012

NYS - June Updates on Executive Branch Rules


Our Mid Month Update on NYS Excutive Branch rules from June 2012:


NYS 6-13 Rules

NYC Rules 6-6-12

DCarsonCPA at the connecting line of Government, Industry, Non Profit and Individual Financials for Decision Makers. Learn more at www.dcarsoncpa.com or e-mail info@dcarsoncpa.com .

Wednesday, March 21, 2012

NYS Rules at 3/21/12

Following the NYS Executive Branch Departments & Agencies:

Updates to NYS Rules at 3/21/12



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DCarsonCPA.com connecting the line on Government, Industry, Business, Non Profit and Individual Financials for Decision Makers. DCarsonCPA.com is the web address of the Practice of Dean T. Carson II, CPA here to support Businesses, Non Profits and Individuals on Accounting, Taxes, Advisory, Compliance and more - with adaptable focus to meet you in your Line of Business and connect with the areas that matter to your Business. Learn more at www.dcarsoncpa.com .

Tuesday, March 13, 2012

NYS Executive Branch Rules at 3/14/12

Keeping up with New York State developments from Albany  the Departments and Agencies and the Rules that define new York State Government from the Executive Branch:



rules 31412



DCarsonCPA.com the web presence of the Practice of Dean T. Carson II, CPA connecting the line on Government, Industry, Business, Non Profits and Individuals a line built on Financials and supported by Accounting, Taxes, Compliance and Advisory and the way we all connect through Financial Decision making. We support Clients on Services and connect with Research that supports Client Services and knowledge. We also connect with related support services providers to meet efficient pathways for Clients to meet broad needs on services. Learn more at www.dcarsoncpa.com or e-mail info@dcarsoncpa.com .

Sunday, March 11, 2012

New York State - Insurance Laws - Article 14 Investments § 1410 Derivative Transactions and Derivative Instruments

With a look at the connecting point of Financial Services in the Investments Realm and the Insurance Industry a quick look at one of the NYS Insurance Laws relative to Insurance investments in Derivative Transactions and Derivative Instruments:


§ 1410. Derivative transactions and derivative instruments. (a) For purposes of this section, except subsection (k) of this section, an insurer shall mean a domestic life insurer, a domestic property/casualty insurer, a domestic reciprocal insurer, a domestic mortgage guaranty insurer, a domestic co-operative property/casualty insurance corporation or a domestic financial guaranty insurer. (b) (1) An insurer may only engage in derivative transactions pursuant to and in compliance with the requirements of this section. Any insurer subject to the provisions of subsection (c) of section one thousand four hundred three of this article shall also comply with the requirements set forth in such subsection relative to derivative transactions authorized by this section. (2) An insurer may use derivative instruments under this section to engage in hedging transactions, replication transactions, and for certain limited income generation transactions authorized pursuant to this section. (3) Prior to entering into any derivative transaction authorized pursuant to this section: (A) the board of directors of the insurer or a committee thereof charged with the responsibility for supervising investments shall: (i) authorize such transactions, (ii) assure that all individuals conducting, monitoring, controlling and auditing derivative transactions are suitably qualified and have appropriate levels of knowledge and experience, and (iii) approve a derivative use plan for such transactions or an amendment to a previously adopted derivative use plan. If such determinations are made by a committee of such a board, the minutes of the committee reflecting such determinations shall be recorded and a report thereon shall be submitted to the board of directors for its review at such board's next meeting; (B) the insurer shall submit a written derivative use plan or amendment thereto to the superintendent for approval; and (C) the superintendent shall approve the insurer's written derivative plan for engaging in derivative transactions and investment practices related to derivative transactions. The plan shall specify guidelines as to the quality, maturity and diversification of derivative investments and other specifications, including investment strategies, asset/liability management practices, its liquidity needs and its capital and surplus as they relate to the derivative use plan. The board of directors or a committee thereof charged with the responsibility for supervising investments shall determine at least quarterly whether all derivative transactions have been made in accordance with delegations, standards, limitations and investment objectives prescribed in the insurer's derivatives use plan. If such determinations are made by a committee of such a board, the minutes of the committee reflecting such determinations shall be recorded and a report thereon shall be submitted to the board of directors for its review at such board's next meeting. (D) (i) Within ninety days of receipt of a derivative use plan application, the superintendent shall, in writing, approve, submit a detailed list to the insurer requesting all additional information necessary to make a determination on the plan, or deny such plan; otherwise, such plan shall be deemed approved. Any denial issued by the superintendent shall state the reasons for such disapproval. If an insurer does not provide the additional information requested by the superintendent, within forty-five days of receipt of such request, then such plan shall be deemed denied. Such forty-five day limit for providing such additional information may be extended at the option of the superintendent.
    (ii) In the event that an  insurer  properly  submits  the  additional
  information  requested  by  the  superintendent, then such plan shall be
  deemed approved sixty days after receipt  of  such  information  by  the
  superintendent,  unless the insurer is notified in writing prior to such
  date  that  the  filing  has  been  denied.  Such denial shall state the
  reasons for such disapproval. Notwithstanding anything to  the  contrary
  in  this  section, the superintendent may, at any time, before a plan is
  approved, affirmatively approved or denied, raise objections to the plan
  that is based on the requirements of this chapter.
    (iii) The superintendent shall, as soon as practicable, but  no  later
  than  sixty  days  after  receipt  of  a plan, notify the insurer if its
  filing is incomplete or fails to comply  with  applicable  statutory  or
  regulatory  requirements.  Such notice shall indicate that the filing is
  being returned with no action by the superintendent and that the  period
  for the superintendent's substantive review has not commenced.
    (4)  An  insurer  which engages in hedging transactions or replication
  transactions as authorized pursuant to this section shall:
    (A)  only  maintain  its  position  in  any   outstanding   derivative
  instrument  used  as  part  of  a  hedging  transaction  or  replication
  transaction for as  long  as  the  hedging  transaction  or  replication
  transaction, as the case may be, continues to be effective; and
    (B)  be  able to demonstrate to the superintendent, upon request, that
  any  derivative  transaction  entered  into  and  involving  a   hedging
  transaction  or  replication  transaction,  at the point of inception is
  and, for as long as  the  derivative  transaction  remains  outstanding,
  continues to be, an effective hedging or replication transaction.
    (5) An insurer which enters into derivative transactions as authorized
  pursuant  to  this  section shall be required to include, as part of the
  evaluation of accounting procedures and internal controls required to be
  filed pursuant to subsection (b) of section three hundred seven of  this
  chapter,  a  statement  describing  the  assessment  by  the independent
  certified  public  accountant  of  the  internal  controls  relative  to
  derivative transactions. If the internal controls relative to derivative
  transactions  are  determined to be deficient, the insurer shall require
  the accountant to include  in  the  evaluation  a  description  of  such
  deficiencies   and   the  insurer  shall  append  to  the  evaluation  a
  description of any remedial actions taken or proposed  to  be  taken  to
  correct these deficiencies, if such actions are not already described in
  the accountant's report.
    (c)(1) An insurer may enter into hedging transactions pursuant to this
  section if, as a result of and after giving effect to the transaction:
    (A)  the aggregate statement value of options, swaptions, caps, floors
  and warrants purchased pursuant to this section does  not  exceed  seven
  and one-half percent of its admitted assets;
    (B)  the  aggregate statement of value of options, swaptions, caps and
  floors written pursuant to this section does not exceed three percent of
  its admitted assets; and
    (C) the aggregate potential exposure of collars, swaps,  forwards  and
  futures  entered  into  and  options, swaptions, caps and floors written
  pursuant to this section does not exceed six and one-half percent of its
  admitted assets.
    (2) Transactions entered into to effectively hedge the  currency  risk
  of  investments  denominated  in  a  currency  other  than United States
  dollars, pursuant to subparagraph (C) of paragraph seven  of  subsection
  (a) of section one thousand four hundred five of this article, shall not
  be included in the limits under paragraph one of this subsection.
    (d)  An  insurer  may  enter into income generation transactions under
  this section only through  the  sale  of  call  options  on  securities,
  provided  that the insurer holds, or can immediately acquire through the
  exercise of options, warrants or conversion rights  already  owned,  the
  underlying   securities   during   the   entire  period  the  option  is
  outstanding.
    (e) An insurer may purchase or sell one or more derivative instruments
  to offset any derivative instrument previously purchased or sold, as the
  case   may  be,  without  regard  to  the  quantitative  limitations  of
  subsection (c) of this section provided that such derivative  instrument
  is an exact offset to the original derivative instrument being offset.
    (f)(1) The counterparty exposure under a derivative instrument entered
  into by an insurer authorized to engage in transactions pursuant to this
  section  shall be deemed to be an obligation of the institution to which
  the insurer  is  exposed  to  credit  risk  and  shall  be  included  in
  determining   compliance  with  any  single  or  aggregate  quantitative
  limitation on investments made by an insurer under this chapter.
    (2) Notwithstanding any single or aggregate quantitative limitation on
  investments made  by  an  insurer  under  this  chapter,  the  aggregate
  counterparty exposure under one or more derivative transactions to:
    (A)  any  single  counterparty, other than a "qualified counterparty",
  shall be limited to one percent of an insurer's admitted assets; and
    (B) all  counterparties,  other  than  qualified  counterparties,  are
  limited to three percent of an insurer's admitted assets.
    (3) For purposes of this section:
    (A)  a "qualified counterparty" is a "qualified broker or dealer" or a
  "qualified bank" or other counterparty rated  AA-/Aa3  or  higher  by  a
  nationally  recognized  statistical  rating  organization  if it is also
  approved by the superintendent;
    (B) a "qualified broker or dealer" means a broker or  dealer  that  is
  organized  under  the  laws  of  a  state  and  is  registered under the
  Securities Exchange Act of 1934, 15 U.S.C.  §§  78a-78kk,  and  has  net
  capital in excess of two hundred fifty million dollars;
    (C) a "qualified bank" means a bank or trust company that:
    (i) is organized and existing, or in the case of a branch or agency of
  a foreign banking organization is licensed, under the laws of the United
  States or any state thereof;
    (ii) is regulated, supervised and examined by United States federal or
  state  authorities  having  regulatory  authority  over  banks and trust
  companies;
    (iii) has assets in excess of five billion dollars;
    (iv) has senior obligations outstanding, or has a  parent  corporation
  that  has  senior  obligations  outstanding,  rated AA or better (or the
  equivalent thereto) by two independent nationally recognized statistical
  rating organizations; and
    (v) has a ratio of primary capital to total assets of  at  least  five
  and  one-half percent and a ratio of total capital to total assets of at
  least six percent; and
    (D) "aggregate counterparty  exposure"  means  the  sum  of:  (i)  the
  aggregate  statement  value  of  options,  swaptions,  caps, floors, and
  warrants  purchased;  and  (ii)  the  aggregate  potential  exposure  of
  collars, swaps, forwards and futures entered into.
    (g)  For  the  purposes  of  this section, "admitted assets" means the
  assets, as shown on the insurer's last annual statement filed  with  the
  superintendent,  which  conform  to  the  requirements  of  section  one
  thousand three hundred one of this chapter, except that a domestic  life
  insurer shall include assets held in separate accounts established under
  section four thousand two hundred forty of this chapter to the extent of
  amounts  allocated to such separate accounts pursuant to paragraph three
  of subsection (a) of section four thousand two  hundred  forty  of  this
  chapter,  and  shall  exclude investments in subsidiaries referred to in
  subsection (c) of section  one  thousand  seven  hundred  four  of  this
  chapter.
    (h) The superintendent shall promulgate regulations to:
    (1) define terms used in this section that are not otherwise defined;
    (2)  establish  the content of the derivative use plan to be submitted
  by an insurer to the superintendent pursuant to this section;
    (3) establish  effective  management  oversight  standards,  including
  quarterly  reporting  to  the  board of directors or a committee thereof
  charged  with  the  responsibility  for  supervising  investments,   for
  transactions authorized pursuant to this section;
    (4)  require  that  the insurer establish adequate systems of internal
  control  and  reporting  to  ensure  that  derivative  transactions  are
  properly  supervised  and  that  transactions are in accordance with the
  insurer's authorized policies and procedures;
    (5)   establish   documentation   and   reporting   requirements   for
  transactions authorized pursuant to this section;
    (6)   establish   appropriate   accounting  standards  for  derivative
  transactions authorized pursuant to this section; and
    (7) the provisions of this section shall not be  deemed  to  authorize
  the superintendent to promulgate any rule or regulation, circular letter
  or  directive, that in any way expands the superintendent's authority to
  (i) approve or regulate an  insurer's  entire  investment  portfolio  or
  investment  strategy,  or  (ii) impose standards on corporate governance
  that are either stricter or contrary to the provisions contained in this
  article or the business corporation law.
    (i) For purposes of  other  provisions  of  this  chapter,  derivative
  instruments  and derivative transactions entered into under this section
  shall be deemed  to  be  investments,  provided  that  if  this  section
  conflicts  with  any other provisions of this chapter, the provisions of
  this section shall prevail.
    (j) The superintendent may order an insurer  to  cease  effecting  and
  maintaining  transactions authorized by this section upon a finding that
  continued  operations  hereunder  could  be  detrimental  to  the   best
  interests of the policyholders or the public.
    (k)  Any  foreign  insurer  engaging  in  derivative  transactions and
  derivative instruments shall be subject  to  and  comply  with  all  the
  provisions  of  this  section.  However, a foreign insurer may engage in
  derivative transactions not authorized by this  section  provided  that:
  (1)  such  insurer is authorized to engage in such transactions pursuant
  to its domestic state law; (2)  such  insurer  includes  the  intent  to
  engage  in  such  derivative  transactions  in  the  derivative use plan
  submitted to and approved by the superintendent  pursuant  to  paragraph
  three  of  subsection  (b) of this section; (3) the transactions are not
  deemed, by the superintendent, to  be  potentially  detrimental  to  the
  policy holders or the public in this state; and (4) the insurer complies
  with  subsection  (a)  of  section one thousand four hundred thirteen of
  this article after the surplus to policyholders is reduced by the amount
  of all  derivative  transactions  not  authorized  by  this  section  in
  accordance with the measurement standards of paragraph one of subsection
  (c)  of this section. For purposes of this subsection, a foreign insurer
  shall include foreign insurers as defined  in  paragraph  twenty-one  of
  subsection  (a)  of  section  one hundred seven of this chapter, foreign
  fraternal benefit societies, and accredited reinsurers.
    (l) An insurer may enter into replication transactions provided that:
    (1) the insurer would otherwise be  authorized  to  invest  its  funds
  under this chapter in the asset being replicated;
    (2)  the  asset  being  replicated  is  subject  to all provisions and
  limitations  (including  quantitative  limits)  on  the  making  thereof
  specified in this chapter with respect to investments by the insurer, as
  if the transaction constituted a direct investment by the insurer in the
  asset being replicated; and
    (3)  as  a result of giving effect to the replication transaction, the
  aggregate statement value of all assets being replicated does not exceed
  ten percent of the insurer's admitted assets.


As of read date 3/11/12 ALL New York State Insurance Laws are subject to change and update and you MUST confirm as filing or relying, for best results in interpretation it is advised that you correspond with a New York State Attorney. In New York State the Insurance industry is Regulated under the New York State Financial Services Department.  Consumers with Insurance education needs or related issues are supported by the New York State Financial Services Department at http://www.dfs.ny.gov/insurance/consindx.htm and by the NYS OAG at http://www.ag.ny.gov/our-office .


DCarsonCPA.com the web address of the practice of Dean T. Carson II, CPA following the line of Regulations that pertain to Financial Services and various industries, at the intercepting points of Accounting, Financials, Taxes and corresponding Regulations and Compliance for Financial Decision Makers. Available for Clients on corresponding CPA Services and Advisory, Tax and needs. Find us at www.dcarsoncpa.com or learn more at info@dcarsoncpa.com .

Wednesday, March 7, 2012

NYS Executive Branch Rules 3-7-11 Departments & Agencies

Keeping up with the Executive Branch Departments and Agencies 3-7-11 Rules:







DCarsonCPA.com here for Clients on CPA Services and Advisory we make it a point to connect with GAAP,  IFRS, Tax Rules and the Federal, State and Local Rules that pertain to Clients in various industries with purpose to be a greater resource for Clients. Connecting Government, Industry, Business, Non-Profits and Individual Financial Decision Makers and improving the ability of Individuals to better interact with Government in a productive and constructive way to reduce the burden of Legislation through awareness www.dcarsoncpa.com .

Monday, February 6, 2012

DCarsonCPA - Here for New York State Businesses, Non Profits and Individuals on CPA Services and Advisory

DCarsonCPA.com is here for New York State Businesses, Non Profits and Individuals we specialize in supporting Financial Decision Makers like you to better meet your needs on Accounting, Finance, Taxation, Analysis, Compliance, Reporting and more. In a time of significant and growing regulations we connect with the wide ranging Financial Legislation and Compliance to better support Clients and to better connect Decision Makers like you through the power of Research, Social Media and Connecting.

Connecting is particularly important for Businesses of ALL sizes because where your business meets Regulations you will typically find corresponding Accounting, Taxation and Compliance requirements. We anticipate Client needs and stay tuned to updates in Rules that can influence your business environment, financials, and ultimately standard of living or quality of life in New York State.

A significant role of a CPA is a beneficial one to support your needs on Accounting and Financials within the realms of the Standards and Regulations. Due to our specialized Financial Expertise and interest in Public Finance we can also help you better connect with the decision making that occurs after your Taxes are paid.  Fairly stated, we all make an Investment in Public Finance and the hope is that better involvement will lead to better decision making support.  In a time of limited resources Decision Making is enhanced through awareness of options to help you be involved in the evolution of defining Rules that will impact your Business and Finances.

We look to support your needs on Financial Decision Making and to support the role you have in Public Finance as informed Decision Makers. We support your options by helping you be more aware of  points that will matter to you on Financials and in the immediately practical way of maintaining an active support network of diversified providers in compliment to our services to help you meet needs in networking for your Business needs on services.

Friday, February 3, 2012

Partnerships and Private Equity - General Partner and Limited Partners, NYS Law § 98 - Rights, Powers and Liabilities of a GP.

Following NYS Laws on Partnerships interested in the corresponding point of Accounting obligations and here to support Partnerships and Private Equity on Financials, Accounting and Taxes:
NYS Partnership Law: PTR - Article 8 - Limited Partnership

§  98.  Rights,  powers  and  liabilities of a general partner.  (1) A
  general partner shall have all the rights and powers and be  subject  to
  all  the  restrictions  and  liabilities  of  a partner in a partnership
  without limited partners, except that without  the  written  consent  or
  ratification  of the specific act by all the limited partners, a general
  partner or all of the general partners have no authority to
    (a) Do any act in contravention of the certificate.
    (b) Do any act which would make it impossible to carry on the ordinary
  business of the partnership.
    (c) Confess a judgment against the partnership.
    (d) Possess partnership property, or assign their rights  in  specific
  partnership property, for other than a partnership purpose.
    (e) Admit a person as a general partner.
    (f)  Admit a person as a limited partner, unless the right so to do is
  given in the certificate.
    (g) Continue the business with  partnership  property  on  the  death,
  retirement  or  insanity of a general partner, unless the right so to do
  is given in the certificate.

As of read date 2/3/12 ALL NYS Laws subject to change and update, for best results consult a New York State Attorney for the corresponding Legal needs.


DCarsonCPA.com here to support Business, Non Profit and Individual Clients we connect with the Standards and Rules that guide Accounting, Taxes, Compliance and more and bring the analytical skill set to assist on Business Analysis and Financial Analysis. Interested in supporting Partnerships and Private Equity along with other Clients. Visit our website for more details or e-mail info@dcarsoncpa.com

Wednesday, February 1, 2012

NYS Rules 2-1-12 following Executive Branch Updates

Checking in with the NYS Executive Branch Departments and Agencies at 2-1-12:



NYS Rules 2-1-12



DCarsonCPA.com your Solution Set for Business, Non Profit and Individual CPA Services and Advisory, connecting the line on Government, Industry, Business, Non Profit and Individual Financials for Decision Makers.

Wednesday, January 25, 2012

New York State Rule Making for the week ended 1/25/12

New York State Rule Making 1/25/12:


NYS Rules 1-25-12


DCarsonCPA.com your Solution Set on CPA and Advisory Services. We connect the line for Financial Decision Making, a line that connects Government, Industry, Businesses, Non Profits and Individuals. For you Accounting, Analysis, Taxes and other needs.

Tuesday, January 17, 2012

New NYS Rules and Notices week ended 1/18/12

Updates for Week Ended 1/18/12 form New York State:



1-18-12



DCarsonCPA.com meeting Clients at the Intersection of Government, Industry, Business, Non Profit and Individual Financials for CPA Services and Advisory needs. We work smart with broad ranging research that provides you greater ability to manage your financials and related interests in Taxation and Governance.

Saturday, January 7, 2012

NYS Executive Branch Rule Making 1-4-12

Keeping current with NYS Executive Branch Updates at 1-4-12:

Checking in with NYS Rulemaking for 2012 updates- Happy New Year 2012! in a light edition format.







1-4-12 NYS Rules

Saturday, December 24, 2011

NYS Rulemaking for Week Ended 12-21-11

Following the New Rules from the NYS Executive Branch:

Updates at 12-21-11

Note: you may need to refresh within the document to reload and set text formats  - if you should notice that the aligments or fonts are not correct - doing so will fix the layout.





NYS Rulemaking 12-21-11

Tuesday, December 6, 2011

New York State Rulemaking 12-7-11

Checking in with the Executive Branch in New York State at 12-7-11:

New York State Rulemaking

Note: you may need to refresh within the document to reload and set text formats - if you should notice that the aligments or fonts are not correct - doing so will fix the layout.





rules 12-7-11

Wednesday, November 30, 2011

The week in NYS Rulemaking 11-30-11

Checking in with the Executive Branch for the updates on New York State Rules for the week ended 11-30-11:





NYS Rules 11-30-11

Wednesday, November 16, 2011

NYS Rule Making for the week ended 11-16-11

This week from NYS in Albany:

New York State Rulemaking - A Quick post for now tommorrow we will revisit and highlight.





NYS Rules 11-16-11