State Societies


STATE SOCIETIES
The New Hampshire Society of CPAs was awarded a Proclamation in Financial Literacy from Gov. John Lynch for teaching financial literacy in high schools.

The Virginia Society of CPAs received the inaugural Commonwealth Community Service Award for its community outreach program, “Financial Fitness—Improving the Financial Health of Virginians” (www.financialfitness.org).

The North Carolina Association of CPAs created a new financial literacy initiative through its Young CPA Gulf Coast Service Camp. This effort will give young CPAs an opportunity to help individuals, small business owners and students, who have been affected by Hurricane Katrina. For more information, go to www.ncacpa.org/YCPA/Community_Service.htm.

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Maximizing the higher education tax credits

A counterintuitive strategy can save taxes by including otherwise excludable scholarships in gross income.

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