President's Message
January 29, 2010
By Michael A. Thompson, CPA
 We have had tremendous legislative success this past year in Sacramento with the passing of substantial equivalency and license status disclosure. Mobility legislation is still on the plate, and the California Board of Accountancy now requires peer review. This is quite an accomplishment as we approach CalCPA’s April 30 year-end.
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Chapter News
Chapter members join together every year to support Tax-Aid, a nonprofit organization that offers free tax return preparation for low-income families at more than 25 locations around the Bay Area.
“The American Recovery and Reinvestment Act contained several provisions to help taxpayers struggling in the down economy,” says CalCPA member Kenneth Lee, CPA and president of Tax-Aid. “We want to make sure families benefit from changes in the Earned Income Tax Credit, Additional Child Tax Credit, partially refundable American Opportunity Credit and several other new or expanded credits for which they might be eligible.
Tax-Aid is adding new locations in San Francisco, Oakland and East Palo Alto and is looking for more chapter members to volunteer.
There are many ways to help that do not require tax expertise. Tax-Aid provides equipment, software and training, and a typical volunteer donates six to 12 hours over a couple of Saturdays during tax season.
Chapter members interested in volunteering for Tax-Aid can learn more and sign up online. Members unable to volunteer, but wishing to help financially can donate online.
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Here’s something to look forward to following tax season! Our annual networking event for attorneys, bankers and CPAs returns to Palo Alto’s University Club this spring. Registration will open shortly. If your firm would like to sponsor this event, please contact chapter program associate Jane Dunbar.
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CalCPA News
Pre-order your 2010 U.S. Master Tax Guide and Guidebook to California Taxes today and save as much as 40 percent. To order, call (800) 922-5272 or go online.
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Serving on a state committee gives you the opportunity to work with other professionals on projects that increase members’ technical knowledge; enhance the profession’s image; influence regulations and legislation; draw the best and brightest into accounting; and study the CPA’s role in local, national and global economies. Join a state committee and experience the many benefits, while building leadership skills and making valuable personal and business contacts.
Complete an application today. Committee assignments will be finalized in May.
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The CalCPA member logo provides a recognizable symbol of membership in the California Society of CPAs. This logo is designed to fit our members’ website, business card, stationery and collateral material needs. Only CPA members may use the member logos. If the CPA member is in a public accounting firm, all CPAs in the firm must be CalCPA members before the member logo may be used.
Further instructions on logo use and to download the logos is available online.
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