This month’s update includes information on a meeting at the Arizona Department of Revenue, an update on Proposition 207 and information from last month’s Accountancy Board meeting.

This month’s update includes information about a special event with Governor Ducey’s Chief of Staff Kirk Adams, Representative Weninger’s Facebook Live session, an update on the two tax propositions on the November ballot, an update on Accountancy Board activities, a reminder about CPA license renewal dates and a PAC update.

Use your influence to share what you value about your membership and Society programs by becoming an ASCPA Champion.

This month’s update includes information about two tax propositions that were filed for placement on the November ballot, the State Board of Accountancy’s summary of changes related to new legislation, the Board’s plan to change some rules and an ASCPA PAC update.

The U.S. Supreme Court on June 21 held that states can assert nexus for sales and use tax purposes without requiring a seller’s physical presence in the state. The decision in South Dakota v. Wayfair, Inc., et al, No. 17-494 (U.S. 6/21/2018), overturns prior Supreme Court precedent in Quill Corp. v. North Dakota, 504 U.S. 298 (1992), and National Bellas Hess, Inc. v. Department of Revenue of Ill., 386 U.S. 753 (1967), both of which had required retailers to have a physical presence in a state beyond merely shipping goods into a state after an order from an in-state resident before a state could require the seller to collect sales taxes from in-state customers.

This month’s update includes information about Senator Fann speaking at the ASCPA’s Leadership Day, an update on this month’s Accountancy Board meeting, including Board/committee appointments and the upcoming ASCPA PAC report.

When will the Internal Revenue Service (IRS) issue guidance on new Internal Revenue Code section 199A? That’s the number one question on CPAs’ minds related to the Tax Cuts and Jobs Act.

This month’s update includes a legislative session wrap-up, information on the Top Ten CPA Exam Passers luncheon, an update from the State Board of Accountancy’s latest board meeting and a PAC request.

Getting enough quality talent, and keeping it, is the primary economic and reputation concern of leaders participating in the third-annual Arizona CFO Spotlight Survey conducted by BeachFleischman PC. Learn more about this two-year survey of Arizona leaders.

Around 50 percent of the nation’s nonprofits are operating with less than one month’s cash reserves, a new report reveals.