Tomorrow's CPA
A weekly
e-newsletter
from the Maryland Association of CPAs


May 4, 2005
Volume 4, No. 18


Return HOME

HIGH SCHOOL EDITION
Having trouble viewing this newsletter?

You can read it on the Web at www.tomorrowscpa.org/enews.
A hearty welcome to the following new TCPA member

  • From Howard High School: Julian DeFronzo. Julian is so interested in becoming a CPA that he took part in the MACPA's 1040K Run and 1040EZ Fun Walk on April 30 expressly to see some CPAs in action. Best of all, Julian won third place in his age group! A winner on the track, Julian also has an inside track on a winning career. Thanks so much for joining Tomorrow's CPA, Julian.


    African-American students and the CPA exam

    Significant numbers of African-Americans are passing the Uniform CPA Examination, but the profession is still a long way from being fully integrated. A recent study suggests ways to increase the number of African-Americans entering the profession.
    www.aicpa.org/pubs/jofa/may2005/
    booker.htm



    Colleges send out more 'Yes' letters

    For families fretting about college-admissions letters, the news might not be so bad.
    www.collegejournal.com/aidadmissions/
    newstrends/20050502-chaker.html



    CPA firm earns honors for ethics

    Baltimore CPA firm Gross, Mendelsohn & Associates was one of four companies to win the Better Business Bureau of Greater Maryland Torch Award for Marketplace Ethics. Kudos to Gross, Mendlesohn!


    Local CPA firm aims to help youth

    Rockville-based Aronson & Company, through its foundation, has donated a $10,000 grant to Hearts & Homes for Youth in support of its efforts to help troubled children become independent productive adults.
    baltimore.bizjournals.com/baltimore/
    stories/2005/05/02/daily4.html?
    jst=b_ln_hl


  •   Personal Finance: What's your credit card I.Q.?

    Take the test here.
    www.themint.org/tryit/creditcardiq.php



    Study accounting in college

    For a list of Maryland colleges and universities with accounting programs and Maryland community colleges with accounting courses, go to:
    www.tomorrowscpa.org/highschool/
    college.html



    Accounting word of the week: E

    Exemption: Amount of a taxpayer's income that is not subject to tax. All individuals, trusts and estates qualify for an exemption unless they are claimed as a dependent on another individual's tax return. Exemptions also are granted to taxpayers for their dependents. For more definitions, go to the Resource Center at: www.startheregoplaces.com/resourcecenter/
    glossary.asp



    Social Security Q&A

    What's the matter with Social Security? What's the urgency? How big a tax increase would stabilize Social Security? Find out the answers to these and other questions about the embattled Social Security program.
    www.wsjclassroomedition.com/archive/
    05apr/spcl_social.pdf



    Got a question for a CPA?

    Nearly 120 TCPA members visit the Mentor Center each month. You can e-mail CPAs questions about the profession, career opportunities, the exam and much more. Go to this members-only page at:
    www.tomorrowscpa.org/members/
    mentors.htm


    Please note:
    This newsletter may contain commercial promotions for MACPA products, seminars and / or services.

    Want to unsubscribe?
    If you do not want to receive Tomorrow's CPA e-mails in the future, contact Richard Rabicoff at (800) 782-2036 or publicrelations@macpa.org.

    © 2005 by the Maryland Association of Certified Public Accountants, Inc.
    Dulaney Center II, 901 Dulaney Valley Road, Suite 710, Towson, MD 21204-2683
    All rights reserved.