“No man’s life and liberty are safe while the legislature is in session!” Mark Twain is credited with this saying, and in Maryland nothing could be more true than the current meeting of the General Assembly.
One hundred eighty-eight legislators (47 senators and 141 delegates) will hear close to 2,300 bills during the 90-day session that started on Jan. 10, 2007. This is the 423rd session and the 106th session that the Maryland Association of CPAs has been attending on your behalf. We were there to introduce the first CPA statute in 1901 when Gov. John Smith signed the law recognizing the need to create a Certified Public Accountant license.
Ever since, we have been representing CPAs before the Maryland General Assembly, State Board of Public Accountancy and the U.S. Congress (with the AICPA).
What would the cost be if one or more “bad” legislative bills were passed that would negatively impact your firm?
Right now, we are monitoring about a dozen major pieces of legislation that will impact your CPA firm, and we need your help. Here are some of the implications that you and your firm (or company) will face if these “bad bills” are passed:
Your letters are working!The great news is that you, our members, have responded! More than 300 letters have been generated by MACPA members on these key issues so far. Many legislators have responded to say they are voting against these “bad” bills. Already, we have seen the tax preparer bills get withdrawn. Keep up the great work!
What can you do to help?
What have we done for you lately? Click here to read about our 2006 successes.