July 01, 2008

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> MSCPA Leadership Changes With New Fiscal Year This month begins the new fiscal year for MSCPA.  With the fiscal year change, MSCPA also welcomes a new slate of officers, board members, and chapter leaders.  Congratulations to Rick Mills, a partner with Mayer Hoffman McCann/CBIZ in Kansas City, who will lead the society as chair during this new fiscal year.  A very special thanks to Bob Torretta, a sole practitioner from St. Charles, who has done an outstanding job of leading and enhancing the profession, as well as the society, over this past year. ______________________________________________________________ > Is Your Firm Recruiting From Missouri Universities? This fall, your firm has a new opportunity to meet up to 400 students at the LEAP Accounting Career Expo. This brand new event—which will be held in St. Louis and Kansas City—features speakers, exhibit time, networking, and dinner with future CPAs. Hurry…space is limited! http://www.mocpa.org/ace ______________________________________________________________ > ATTN: Missouri CPAs Nearly 100 employers here in Missouri have posted their jobs on the new MSCPA Career Center. http://careers.mocpa.org/ ______________________________________________________________ > New Format for the Small Firm Networking Roundtables! Come see why past participants keep coming back to the small firm networking roundtables, and enjoy the NEW format!  All roundtables meet 9:30 a.m. to 3:30 p.m. and offer 6 hours of CPE credit for the cost of $99.  Register for all three for just $250! Friday, November 14, 2008—Columbia Friday, January 9, 2009—St. Louis Friday, May 8, 2009—Kansas City http://www.mocpa.org/Content/21056.aspx ______________________________________________________________ > 2008 National MAP Survey Ever wondered how your firm stacks up against other firms? Find out where your firm stands by taking part in the CPA profession’s premier benchmarking study - the PCPS/TSCPA National MAP Survey. Hurry—the survey closes July 11!  http://www.mocpa.org/Content/22627.aspx _______________________________________________________________ > Blunt Announces Disaster Assistance for Missourians in Seven Counties Missouri Governor Matt Blunt announced that citizens and businesses in 7 Missouri counties are now eligible to receive federal disaster assistance through the Individual Assistance Program. He is also asking FEMA to quickly add Public Assistance and Hazard Mitigation to the existing federal disaster declaration for counties impacted by the current flooding. On June 25, President Bush approved Missouri’s request for federal assistance. http://governor.mo.gov/cgi-bi... ______________________________________________________________ > Americans Continue To Give: Charitable Donations Surpass $300 Billion Mark Despite paying more at the pump and the grocery store, Americans dug deep into their pockets and donated a record $306 billion to charities in 2007, accounting for 2.1 percent of the U.S. gross domestic product, as reported by AccountingWeb. http://www.accountingweb.com/cgi-bin/item.cgi... ______________________________________________________________ > Stimulus Payments Boost Economy The Commerce Department's Bureau of Economic Analysis reported that tax rebate checks and economic stimulus payments have boosted personal income, disposable income and personal consumption expenditures significantly since April, reports WebCPA. http://www.webcpa.com/article.cfm?articleid=28340 ______________________________________________________________ > IRS Increases Mileage Rates through Dec. 31, 2008 Last week, the IRS announced an increase in the optional standard mileage rates for the final six months of 2008. Taxpayers may use the optional standard rates to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. http://www.irs.gov/newsroom/article/0,,id=184163,00.html Sponsored By: Information, Inc. Information Inc.'s handcrafted business intelligence services provide up-to-the-minute information on critical issues. Decision-makers in more than 2,000 major corporations, associations and government agencies worldwide have relied on our comprehensive news services for the past 22 years. To learn how our timely, targeted, custom services can help you compete in the 21st century, go to: http://www.infoinc.com/s tatecpa/contact.html Technology & Productivity Weekly is a membership benefit and is intended for your personal use only. This Week's Headlines Educating Employees Reduces Security Breaches That Syncing Feeling for Basic Cellphones Preventing Theft by Understanding Firewalls: Part II Beyond Simple File Sharing: Using Hidden Shares Windows XP to Windows 7 a Risky Path, Microsoft Warns Business Travelers Lighten Their Load With Tiny Tech Gear VoIPowering Your Office: Do I Really Need This VoIP Stuff? The 7 Deadly Sins of Backup and Recovery, and How to Avoid Them

CPE 2008 For CPAs in Public Practice Conference: Investments Conference August 4, 2008—St. Louis Young & Emerging Professionals Conference August 20, 2008—St. Louis Women’s Retreat August 25, 2008—St. Louis Last Chance: Staff Training – three levels! Basic July 15-17, 2008—Columbia Semi-Senior July 22-24 2008—Columbia Beginning In-Charge July 29-31 2008—Columbia Surgent McCoy's Audit Workshop: Best Practices for Audits in Compliance with Government Auditing Standards and OMB Circular A-133 July 22, 2008—St. Louis Top 50 Nonpublic Audit Bloopers and Blunders and How to Fix Them July 23, 2008—St. Louis Seminars: Audits of Banks, Savings Institutions, Credit Unions and Other Financial Institutions August 01, 2008—St. Louis Basis/Distributions for Pass–Through Entities: An IRS Hot Spot August 05, 2008—St. Louis August 11, 2008—Kansas City Social Security Benefits – Advising Clients August 05, 2008—Kansas City Choice of Entity--Tax Pros & Cons: S Corp, C Corp, Partnership, LLC and Sole Proprietorship August 6, 2008—St. Louis General Ethics Review August 7, 2008—St. Louis Sarbanes-Oxley Section 404: What Everyone Needs to Know About Internal Controls (Corporate Version) August 8, 2008—St. Louis Basis/Distributions for Pass-Through Entities: An IRS Hot Spot August 11, 2008—Kansas City Buying and Selling Businesses: The CPA's Role August 12, 2008—Kansas City __________________________ Technology Tip of the Week Provided by the MSCPA Information Technology Committee In Excel, Copying Comments when Filtering Some people frequently use Excel's advanced filtering tools to copy filtered data from one location to another. In some instances they would like to copy not only the cell contents but also the cell comments of the cells that meet the filtering criteria. More To view recently archived issues of “Technology Tip of the Week,” go to: http://www.mocpa.org/Content/22269.aspx _________________________ Contact Us For comments or questions, contact: Dawn Martin - dmartin@mocpa.org To view online: http://www.mocpa.org/Content/files/ newsletters/2008/news070108pp.html For technical assistance, contact: Christy Aven -caven@mocpa.org To update your e-mail address: Please include your old e-mail address, new e-mail address and MSCPA member ID (if known) and send it to member@mocpa.org. Please note: This newsletter may contain commercial material. Missouri Society of CPAs 540 Maryville Centre Drive, Suite 200 St. Louis, MO 63141 © 2008 Missouri Society of Certified Public Accountants - All Rights Reserved