posts on Legislative / Regulatory

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Forget tax season, CPAs — Congress needs your help

Posted By: Bill Sheridan on March 21, 2015 in Legislative / Regulatory&Taxation
Only Congress could come up with something like this. Sen. Orrin Hatch, R-Utah, chair of the Senate Finance Committee, and ranking committee member Ron Wyden, D-Ore., have launched a bipartisan effort to gather ideas from the public for how to best reform our nation’s ridiculously complex and verbose tax code. On the surface, that sounds great. Truly. Our lawmakers can’t possibly know all of the intricacies of tax policy. To reform our tax code, they’ll need all help they can get....
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New DLLR Secretary Kelly Schulz seeks “honest conversation” with CPAs

Posted By: Bill Sheridan on February 23, 2015 in Legislative / Regulatory
Any day when you can make a new friend is a good day. CPA Day was a very good day. A record CPA Day turnout of more than 200 MACPA members got a surprise visit from Kelly Schulz, the new secretary of Maryland’s Department of Labor, Licensing and Regulation — the body that oversees the state’s Board of Public Accountancy. Schulz, a former state delegate who represented Frederick and Carroll counties, was appointed DLLR secretary in December by newly elected Gov. Larry Hogan. While...
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MACPA testifies in Annapolis on supersedeas (appeal) bond bill

Posted By: Tom Hood on February 20, 2015 in Legislative / Regulatory
This is Week 5 of the 2015 Maryland General Assembly, and we testified in support of appeal (supersedeas) bonds (HB 164) before the House Judiciary Committee. MACPA member Mark Cissell, president and CEO of Maryland CPA firm KatzAbosch (pictured), took time out of his busy schedule to testify on a panel with the Maryland Tort Reform Coalition in support of this important legislation. This bill is important to CPAs and small businesses as it fixes a technicality in Maryland tort law that...
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Record crowd descends on Annapolis for CPA Day

Posted By: Bill Sheridan on January 30, 2015 in Legislative / Regulatory
  How big was the crowd at CPA Day in Annapolis? Big enough to spook the Statehouse security detail. As a record crowd of nearly 200 CPAs gathered on the Statehouse steps for a quick photo, a worried security guard — perhaps fearing a well-dressed protest of some kind — approached MACPA Executive Director Tom Hood and asked, “What’s up?” “We’re the Maryland Association of CPAs, just here to meet with our legislators,” Tom explained. The...
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Game on! 2015 Maryland General Assembly under way

Posted By: Tom Hood on January 14, 2015 in Legislative / Regulatory
Ninety days, 2,500 bills, 188 legislators (47 senators and 141 delegates). Sixty-nine of those legislators − 37 percent − are new. We have a new governor, attorney general, and secretary of the DLLR. How many of those legislators know who CPAs are and what we care about? Not enough. How many of those bills will affect CPAs, CPA firms, and businesses? Plenty.

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