Government


Members of Congress who also belong to the accounting profession announced the organization of the Congressional Caucus on CPAs and Accountants for the 113th Congress.

Caucuses must be reformed and reapproved for each Congress. The current caucus has 12 members, two more than the caucus for the 112th Congress. All of the accountant members of Congress who were up for reelection in November won new terms. Two freshman CPAs in the House of Representatives—Reps. Patrick Murphy, D-Fla., and Tom Rice, R-S.C.—also won seats in November and have joined the caucus. CPAs returning to the House of Representatives are Reps. John Campbell, R-Calif.; K. Michael Conaway, R-Texas; Bill Flores, R-Texas; Lynn Jenkins, R-Kan.; Steven Palazzo, R-Miss.; Collin Peterson, D-Minn.; Jim Renacci, R-Ohio; and Brad Sherman, D-Calif. Accountant Sens. Mike Enzi, R-Wyo., and Ron Johnson, R-Wis., also return to the caucus.

“Our bipartisan, bicameral structure ensures that members on both sides of theaisle in both the House and Senate get a straightforward CPA perspective to the critical fiscal and budgeting issues facing the country,” Sherman said in a news release.

The group began caucusing in 2011.

SPONSORED REPORT

Get your clients ready for tax season

These year-end tax planning strategies address recent tax law changes enacted to help taxpayers deal with the pandemic, such as tax credits for sick leave and family leave and new rules for retirement plan distributions, as well as techniques for putting your clients in the best possible tax position.

RESOURCES

Keeping you informed and prepared amid the coronavirus crisis

We’re gathering the latest news stories along with relevant columns, tips, podcasts, and videos on this page, along with curated items from our archives to help with uncertainty and disruption.