Professional Issues


  

Maryland, Minnesota and Colorado passed mobility legislation, joining the following UAA-compliant states: Idaho, Illinois, Indiana, Kentucky, Louisiana, Maine, Mississippi, Missouri, New Mexico, Ohio, Rhode Island, Tennessee, Texas, Utah, Virginia, Washington, West Virginia and Wisconsin.

Georgia and Iowa have also taken steps to achieve full mobility. Georgia passed a mobility provision, which allows licensees from other states that have a “no notification” requirement to enter Georgia with no notice. Iowa is enacting a statute that will allow out-of-state individual CPAs to enter the state without notification. However, the CPA firm will need to obtain an Iowa firm permit if it is performing reviews or audits.

 

SPONSORED REPORT

A new line of business to consider

Technology assessments may open the door to new engagement opportunities for your firm. What is a technology assessment? How do you perform one? JofA Tech Q&A author J. Carlton Collins shows you in a detailed explanation.

FEATURE

Maximizing the higher education tax credits

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