Sacramento Chapter
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Archive for the ‘CalCPA News’ Category
January 31st, 2012
From tips on how to best navigate the IRS to staying on top of the new return preparer regulations to who to contact with questions, the 2012 IRS Filing Season Letter provides a wealth of resources.
Download your copy today and keep it nearby as you go through this busy season.
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January 31st, 2012
Each year, CalCPA recognizes those members who have gone above and beyond the call of duty by awarding the Public Service and Distinguished Service awards, as well as the Public Service Award for Firms. If you know anyone or any firm fitting the bill, share the news with us.
Review the qualifications and download nomination forms online. The nomination deadline for all awards is March 30.
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January 20th, 2012
New this year, the U.S. Master Tax Guide and Guidebook to California Taxes will be available in ebook format, so reserve your copy today.
The U.S. Master Tax Guide provides helpful and practical guidance on today’s federal tax law that reflects all pertinent federal taxation changes that affect 2011 returns, and provides fast and reliable answers to tax questions affecting individuals and business income tax.
The Guidebook to California Taxes is a source for quick reference to all taxes levied by the state, including personal and corporate income, property taxes, and inheritance and gift, sales and use. This edition also reflects significant new legislation, regulations, court decisions and California Board of Equalization through press time in December.
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November 23rd, 2011
Did you know that our scholarship applications can be completed online? If you are a university student or know a deserving university student, be sure to check it out. The deadline for four-year, master’s students and students eligible to sit for the CPA Exam to apply is Sept. 30.
The Scholarship Award Committee will meet in October and awards will be distributed at our Annual Student Luncheon in November.
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July 27th, 2011
Applications are being accepted for the CalCPA Leadership Institute, a program to teach potential member leaders the skills to grow into future leadership positions at CalCPA and in the profession. Firm management, the importance of strategy to your organization and managing people are just some of the topics participants will learn about.
More information and an application are available online.
Applications are due Sept. 1.
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July 27th, 2011
CalCPA is launching Campus Ambassadors this fall at selected California universities. The program will consist of one student representative from each campus. Ambassadors will share the benefits of joining CalCPA with their fellow students and receive unique opportunities to network with established CPA professionals—and potential future employers. This partnership will also help CalCPA build stronger relationships with accounting educators and students, as well as promote the accounting profession and CPA license.
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June 27th, 2011
All California individual licensed CPAs, CBA licensed partnerships and CBA licensed corporations are subject to mandatory reporting requirements under the mandatory peer review law that became effective Jan. 1, 2010.
All firms and licensees with a license number ending in 01-33, must complete the new mandatory report and submit to the CBA no later than July 1, 2011.
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June 27th, 2011

Count on our Future is a new CalCPA outreach event designed to reach more than 10,000 students statewide with our financial literacy presentations in a single week this November. We hope this will help schools, teachers, parents, and students recognize the importance of budgeting, saving and investing, managing credit and much more. With the next generation entering universities and the workplace facing new economic challenges, we want to get people excited to incorporate ongoing financial literacy presentations and materials into their classrooms.
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June 27th, 2011
As part of our ongoing community outreach efforts, we are gearing up for the next school year by making sure the right volunteer opportunities reach our members. We’ve updated the volunteer program options to better reflect our outreach efforts. By choosing the volunteer programs in which you’d like to be involved on your CalCPA personal profile, you ensure that the emails sent to you best reflect your interests.
Check out the volunteer programs available to CalCPA members.
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June 7th, 2011
All California individual licensed CPAs, CBA licensed partnerships and CBA licensed corporations are subject to mandatory reporting requirements under the mandatory peer review law that became effective Jan. 1, 2010. All firms and licensees with a license number ending in 01-33, must complete the new mandatory report and submit to the CBA no later than July 1, 2011.
If accounting and/or auditing reports are issued under the individual licensee number or firm number, then the entity must also report its peer review results.
The form that firms must complete and send to the CBA asks for the peer review acceptance date. If you are subject to the July 1, 2011 reporting date and will not have you peer review acceptance by that time, you may apply for a one-time extension.
Instructions and a form for the extension is available online. This extension will only be available for individuals or firms that apply by July 31, 2011.
For more information, contact CalCPA’s peer review department, (650) 522-3094 or visit CalCPA’s peer review website or the CBA.
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