| The AICPA Benevolent Fund: |
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The AICPA Benevolent Fund was established for the purpose of assisting AICPA members through temporary periods of financial difficulty. The Fund provides assistance with meeting daily subsistence (living) expenses, and medical and prescription expenses that exceed insurance coverage brought about by serious illness, an accident, or the death of the primary source of family income. Financial assistance grants are provided on a case-by-case basis depending on financial need and circumstances surrounding that need.
This is a devastating time for many, and we are prepared to help our members through the financial challenges they may face in the coming days and weeks. Please contact us at 866.527.2228 or by email at benevolent_fund@aicpa.org.
For those Wishing to Provide Assistance:
We know you want to help individuals in the communities impacted by the storm, however, there are reports of an increase in charity scams in the aftermath of Hurricane Sandy. The AICPA recommends that those looking to make a financial contribution make donations to trusted charities such as the American Red Cross. Before you make a donation for Hurricane relief with an alternate charity, find out if it is listed among legitimate tax-exempt organizations.
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| Disaster and Financial Planning Guides and Materials: |
Disasters like Hurricane Sandy can disrupt the lives of CPAs, their clients and communities. The AICPA, along with the National Endowment for Financial Education (NEFE) have produced two guides: Disaster and Financial Planning: A Guide for Preparedness and Disaster Recovery: A Guide to Financial Issue. Find these resources and more information.
For business continuity resources click here.
Individuals interested in finding out more about disaster preparedness and disaster financial planning, can learn more on the AICPA’s 360 Degrees of Financial Literacy website.
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| AICPA Product and Event Assistance: |
 CPAs who have lost print products (magazines, newsletters, Publications, or CPE) due to the storm can gain immediate access to a digital equivalent through AICPA.org; AICPA Member Service specialists can help guide you through the process at 888.777.7077. If you prefer a physical copy replacement, the AICPA will do its best to accommodate your request (please allow 2-3 weeks for receipt). For questions about an AICPA event, please also contact AICPA Member Service.
Standing orders and the Journal of Accountancy will continue to be shipped during November. If you would like to have your standing order shipped to an alternate address or held for a later shipment date, please contact a Member Service specialist at 888.777.7077.
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| Firm, Practice and Business Assistance: |
If Hurricane Sandy has impacted your firm or business, and if your office is not functional or accessible, or if you just need some general assistance with disaster recovery or with servicing your clients, we may be able help. We will provide as much support as possible, which may include help from other firms, technology support leveraging cloud solutions and information for clients. Firms that have been impacted may call the AICPA at 888.777.7077 or visit cpa.com to learn more.
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| Dues Payment Assistance: |
CPAs having difficulty paying annual dues as a result of Hurricane Sandy or because of other unfortunate events may seek assistance with payments by contacting AICPA Member Service at 888.777.7077.
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| Tax Extension Relief: |
 The Internal Revenue Service late in the day on Friday announced that it is postponing various tax filing and payment deadlines for taxpayers affected by Hurricane Sandy. Taxpayers in parts of New York, New Jersey, and Connecticut that have been declared a disaster area by Federal Emergency Management Agency will have until Feb. 1, 2013, to file returns and pay taxes due. For more information, read the Journal of Accountancy article IRS Extends Deadlines, Provides Relief for Hurricane Sandy Victims.
Two resources for tax practitioners who are fielding questions from clients in disaster areas include the IRS disaster relief web page and a list of toll-free numbers for insurance companies. Also, the AICPA will be hosting a webinar on the tax and financial implications of Hurricane Sandy Nov. 20.
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| Transporation Information Links for New York City: |
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| Temporary Office Space in NJ for NJSCPA Members: |
The following New Jersey businesses are offering temporary office space to NJSCPA members who are experiencing business interruption as a result of the storm. Visit the New Jersey Society of Certified Public Accountants for more information.
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| CPA Exam Takers in Affected Areas: |
 The AICPA and Prometric are extending the testing window for the CPA Exam through December 8, 2012 to allow candidates affected by Hurricane Sandy the opportunity to test in this quarter. The Prometric test centers are coming back online and candidates are being contacted in order to reschedule. Candidates can visit Prometric, contact NASBA at cpaexam@nasba.org , or visit the NASBA website for more information.
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