New Year's Eve is celebrated a bit differently in America: People often like to make reservations at a restaurant in advance. There are also numerous private parties or events. For these, you definitely need the cute Happy New Year's hats and all sorts of accessories printed with the year 2014, which you can purchase at any supermarket just before the end of the year.
The spectacle at Times Square is certainly the most famous - the Ball Drop in NY. This countdown is broadcast live on all television stations. Private fireworks and exuberant firecrackers are not common, but in prominent locations and cities like Boston, there is still a city fireworks display.
American Heritage wishes you a Happy New Year!