President's Message
May 22, 2009
By Christine M. Stiles, CPA
 Well, we have survived another tax season. I was beginning to wonder if it was ever going to end! But, I’m glad it’s behind us and I hope everyone is getting the much-needed rest and time off that they deserve.
I am excited about being your new chapter president and am looking forward to a successful year. First, I want to thank our past president, Michelle Benton, and all of the officers, board members and committee chairs for all of their hard work this past year. Our chapter’s success is due in great part to their continued support and involvement.
There is a lot to look forward to during this next year. One of the biggest upcoming events is CalCPA’s Centennial gala Friday, June 19 at The Fairmont in San Francisco. This fun-filled evening will include dinner, dancing and a silent auction. Also, our chapter’s golf committee is working hard at planning another successful tournament this year, which is scheduled for Monday, Aug. 3 at the Stockton Golf and Country Club. Net proceeds benefit our chapter’s scholarship fund. More information will follow, but be sure to mark your calendars and register early for both of these great events!
One of my goals for this year is to bring the financial literacy program to our local high schools. CalCPA has been running the program for several years and has presentations suited to the high school level, including topics such as credit cards, savings and investing, and money management. In today’s economy, it’s crucial that we get out and teach these young adults the importance of financial responsibility so they can avoid the financial situations that many Americans are in today. I would love to see some new faces from our chapter help volunteer for this, so stay tuned for more information to follow in the next few months.
On a closing note, I want to congratulate Eric VanderVeen, one of our Emerging Professionals Committee chairs, on receiving his CPA license. He truly is one of our rising stars! Great job, Eric!
— Christine M. Stiles, CPA
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Chapter News
On behalf of the San Joaquin Chapter’s officers, directors and members, we extend our warmest of welcomes to our new members…
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CalCPA News
From May 1-July 31 businesses with unpaid taxes or under-reported gross receipts, or those who have not registered with the Office of Finance, can benefit from the city of Los Angeles Tax Penalty Amnesty Program.
The program allows businesses to pay delinquent city taxes and avoid up to 40 percent in penalties. The following city taxes qualify for amnesty: business tax, telephone, electricity and gas users taxes, commercial tenant’s occupancy tax, transient occupancy tax, and parking occupancy tax. Following this amnesty period, the Office of Finance will pursue a range of enforcement actions, such as possible legal action and publication of tax debt.
More information is available online.
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Understand the ins and outs of LTC plans before you buy, including updates to DRA implementation in California, LTC planning strategies for wealthy clients and how to save when purchasing LTC plans. Wednesday, June 10/noon–1 p.m.
Register today.
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The new year brought new peer review and quality control standards effective Jan. 1, 2009, that require written documentation of a quality control plan and written independence confirmations from staff. These standards apply to all firms with attest engagements, including firms that issue only compilations. Make sure you’re in compliance by attending this free, two-hour webcast featuring Linda McCrone, CalCPA’s director of peer review, Wednesday June 3, 10 a.m.-noon.
Register today:Â (800) 922-5272.
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You can post your résumé—for FREE—on CalCPA’s online classified page. Get in front of local employers looking to hire CPA professionals—post your résumé today.
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