This month’s update includes information about a meeting with the Arizona Department of Revenue and an announcement on their new director, political fundraisers, the Society’s outreach to Congressional representatives and an update from last month’s Accountancy Board meeting.

Although early predictions for a downturn in 2019 have not come true, industry leaders are planning for the unexpected while hoping for the best. Results from the 2019-2020 Arizona CFO Spotlight Survey published in Septemberindicate a strong focus on operational efficiency, reputation management, and talent planning. The fourth annual Survey was developed by BeachFleischman PC in collaboration with Pinnacle Plan Design, LLC, BOK Financial, Financial Executives and Affiliates of Tucson (FEAT), Phoenix CEO-CFO Group, MOD Ventures, LLC, and Contempo HCM — with survey development and support from Ingenuity Marketing Group, LLC.

The U.S. government’s balance sheet indicates that, over time, the nation has an accumulated deficit (from annual shortfalls) of $21.5 trillion[1]. To put that in perspective, if you made a stack of 21.5 trillion $1 bills, you would be able to go to the moon and back more than three times.

This month’s update includes information about a podcast with the Arizona Department of Revenue, an announcement of our new director of government relations and an update from last month’s State Board of Accountancy Annual Meeting.

This month’s update includes information about the Tax Legislation Committee meeting, members who assisted Senator Sinema with tax legislation, an update from last month’s State Board of Accountancy meeting and a reminder on this month’s CPA license renewal due date.

This past May, at the conclusion of the AICPA’s Spring Meeting of Council, several hundred CPAs from across the nation met with Members of Congress to ask them to support consolidating existing IRS units into a Practitioner Services Division so that taxpayer issues are more efficiently resolved.

This month’s update includes information about the Society’s outreach to Congress, the first meeting of Treasurer Yee’s Financial Literacy Task Force and an update from last month’s State Board of Accountancy meeting.

This month’s update includes information about our Capitol Hill visits, Majority Leader Gray speaking at Leadership Day, members appointed to the Financial Literacy Task Force, federal income tax conformity passing, CPA license renewal due date and the ASCPA PAC report planned for release in September.

As part of Arizona’s 2020 state budget agreement, the Governor and legislative leaders crafted legislation addressing income tax and the Wayfair decision. Read an overview of the Wayfair-related provisions included in HB 2757 prepared for the ASCPA by DeMenna Public Affairs.

This month’s update includes an update on conformity, information on a political party event, a member’s political outreach, Accountancy Board appointments and information from this month’s Accountancy Board meeting, and a PAC update.