Texas Society of CPAs

🚨 Legislative Update: Major Progress for CPA Licensure & Mobility! 🚨 Big news from the Texas Capitol! TXCPA’s top legislative priorities — modernizing CPA practice mobility (SB 522) and creating an additional pathway to CPA licensure (SB 262 & HB 1757) — made significant strides this week. + SB 522 (CPA Mobility) passed out of the Senate Committee unanimously and is now on the Senate Local & Uncontested Calendar for quick approval. This bill ensures CPAs from other states can continue practicing seamlessly in Texas. + SB 262 & HB 1757 (Additional Licensure Pathway) continue to advance, offering an alternative route to CPA licensure with a bachelor’s degree, two years of work experience, and CPA exam passage. With strong support in the Texas House, we’re well-positioned for a vote soon! Stay tuned as we keep pushing for progress! 💪 #TXCPA #CPA #LegislativeUpdate #CPAMobility #FutureofAccounting

📢 Governor Reappoints TXCPA member to OneStar Foundation  Texas Governor Greg Abbott has reappointed TXCPA member Kathy Kabell to the OneStar Foundation — a key organization supporting volunteerism and community service in Texas. Kabell is the supervisory manager at the MWH Group, P. C. in Wichita Falls, Texas. The OneStar Foundation provides technical assistance, education, information, and other support to Texas’ extensive volunteer community. Congratulations, Kathy! 👏 #TXCPA #TexasLeadership #CommunityService #OneStarFoundation

Want to make an impact? TXCPA is now accepting committee interest forms for the 2025-26 volunteer year! This is your opportunity to shape the future of the profession, connect with peers and share your expertise. Some committees may require specific experience—review the overview for details. 🗓️ Deadline to submit: March 28, 2025 📢 Appointments announced: Early May 📆 Volunteer term: June 1, 2025 – May 31, 2026 🔗https://ow.ly/OTJ250VotzX to learn more and submit your form. #TXCPA #VolunteerLeadership #TXCPACommittees #CPACommunity #GetInvolved

SB 522, improving and modernizing CPA practice mobility, and HB 1757, offering alternative pathways to CPA licensure, were heard this morning in the Senate Business & Commerce and House Licensing & Administrative Committees. Thank you to Dr. Tracie Miller, TXCPA Board of Directors, for providing expert testimony on both issues. As Dr. Tracie Miller shared, “CPA services are a cornerstone of the Texas economy—and the need for CPAs is only growing.” She also emphasized that “this legislation will not lower accounting standards nor diminish the required accounting coursework.” Important steps forward in TXCPA’s legislative agenda. Thank you to Senator Perry and Representative Angie Chen Button for championing efforts to strengthen the CPA pipeline. #TXCPA #CPAPipeline #CPAMobility #HB1757 #SB522 #TXLege

🌟 Leadership in Action: Lessons from Shristi Upreti Sharma, CPA 🌟 Leadership isn’t about titles—it’s about the impact you make, the people you guide and the legacy you build. Shristi Upreti Sharma, CPA-Fort Worth, has embraced this philosophy throughout her career, from navigating the challenges of public accounting to mentoring the next generation of CPAs. Her journey is a testament to the power of persistence, adaptability and service. She didn’t just find her place in accounting—she built a path for others to follow. As a Senior Audit Manager at Weaver and an active TXCPA leader, she is shaping the future of the profession through mentorship, committee service and community engagement. For women in accounting, Shristi’s story is a powerful reminder: Leadership is about lifting others, pushing boundaries and seizing opportunities to grow. 💬 What’s a leadership lesson that has shaped your career? 🔗 https://ow.ly/a0Ij50Vl5tI #TXCPA #WomensHistoryMonth #LeadershipInAction #MentorshipMatters #FutureCPAs

📢 Two bills impacting the CPA profession will be heard in committee on Tuesday, March 25, 2025—and we need your support! 🚨 Take Action: TXCPA members, contact committee members and urge them to support these bills! 📌 Find Senate committee members: https://bit.ly/41HW1wX 📌 Find House committee members: https://bit.ly/4iriYMc ✅ Senate Bill 522 (TX Senate Business & Commerce Committee) This bill updates CPA mobility and out-of-state practice privileges, ensuring CPAs from other states can continue serving Texas businesses and taxpayers. ✅ House Bill 1757 (TX House Licensing & Administrative Procedures Committee) This bill introduces an additional pathway to CPA licensure, offering a new option for candidates. Advocate for the future of the accounting profession in Texas! #TXCPA #TexasLege #AccountingCareers #WorkforceDevelopment #TXLegislation

Being a CPA isn’t just about audits and spreadsheets—it’s a career full of unexpected insights, hard-won wisdom and a few lessons you don’t learn until you’re in the thick of it. We gathered 10 of the most common lessons every CPA learns (eventually)—from ethics and advisory services to boundaries and burnout. Have one of your own lessons to share? Drop it in the comments! Swipe through the PDF carousel to see what the journey teaches you—one lesson at a time. #CPA #AccountingTips #TXCPA #LifeAsACPA

📢 BOI Final Rule Update: FinCEN has issued its interim final rule—and it’s official: Domestic companies are now exempt from Beneficial Ownership Information (BOI) reporting under the Corporate Transparency Act. ✅ Most U.S.-based entities no longer need to file, update, or correct BOI reports. 🌐 Foreign companies still must report, but U.S. persons are exempt from disclosure. This long-awaited change eases the compliance burden on small businesses—including many CPA firms and their clients. 🔗 Full details from FinCEN: https://ow.ly/lU6L50VmJ5x #BOIUpdate #CorporateTransparency #FinCEN

📢 CPA Bill Day at the Texas Capitol – March 25! Two key bills impacting the CPA profession will be heard in committee on Tuesday, March 25, 2025 — and we need your support! ▶️ Senate Bill 522 (TX Senate Business & Commerce Committee) This bill updates CPA mobility and out-of-state practice privileges, ensuring CPAs from other states can continue serving Texas businesses and taxpayers. ▶️ House Bill 1757 (TX House Licensing & Administrative Procedures Committee) This bill introduces an additional pathway to CPA licensure, offering a new option for candidates: ◼️ A bachelor’s degree with an accounting concentration ◼️ Two years of work experience ◼️ CPA Exam passage The bill maintains the traditional 150-hour and master’s degree routes while reducing financial and time barriers — helping grow the CPA pipeline and address workforce shortages. 🚨 Take Action: TXCPA members, contact committee members and urge them to support these bills! 📌 Find Senate committee members: https://bit.ly/41HW1wX 📌 Find House committee members: https://bit.ly/4iriYMc Let’s advocate for the future of the accounting profession in Texas! #TXCPA #TexasLege #AccountingCareers #WorkforceDevelopment #TXLegislation

📢 Urgent Update on HB 1757! HB 1757, creating an additional pathway to CPA licensure, is scheduled to be heard in the Texas House Licensing and Administrative Procedures Committee on Tuesday, March 25, 2025. 🚨 TXCPA Members are urged to contact committee members and ask them to support HB 1757 to help strengthen the future of the accounting profession. Find committee members here: https://bit.ly/4iriYMc This legislation introduces a new licensure option requiring a bachelor’s degree with an accounting concentration, two years of work experience, and passage of the CPA Exam, while maintaining the traditional 150-hour and master’s degree pathways. By reducing the financial and time barriers of higher education, HB 1757 aims to strengthen the CPA pipeline and address workforce shortages. #TXCPA #TexasLege #AccountingCareers #WorkforceDevelopment #TXLegislation