A blog for and by a community of professionals
By Bryan Carpenter, The “Craft Beer CPA”
Nearly three months into our fiscal year, and the chapter is off to a great start. I’m grateful to have such a strong leadership team that’s willing to volunteer time to make this chapter amazing. I’d also like to thank everyone who attended the chapter installation and emerging professionals events. Both had big turnouts and were great networking opportunities for our members.
During the first two board meetings of the year, the leadership team is focusing on how we can continue to grow our chapter and add value to our members. Three main topics have emerged:
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Tax on services continues to be a topic of discussion in the Legislature. A recently introduced bill, SB 640 (Hertzberg), proposes to enact a sales tax on services—including those provided by CPAs. While the bill does not articulate how such a complex shift in the tax burden would be accomplished, the introduction of this legislation keeps the issue on the radar within the public policy arena—particularly as tax reform conversations heat up.
Similar far-reaching tax on services proposals were introduced in 2015 and 2016 by Sen. Hertzberg, but both bills died in the Legislature when they failed to meet legislative deadlines. These proposal have been characterized as a way to broaden California’s tax base to address a volatile stream of tax revenue. However, the proposal would impose an extremely complex shift in the tax burden to raise billions in new tax revenues.
We know there’s more to your life than the tax forms, deadlines and rules and regulations that you spend time with at the office. And we want to tell your story—or the story of a member you may know.
Our monthly Final Entry feature in California CPA takes a look at the person behind the license. Over the years we’ve featured members who race cars, play in a band, devote time to nonprofit causes, have taken on physical endurance challenges, surf, DJ and make wine.
So, what’s your story?
If you’d like to participate or want to recommend a colleague, contact managing editor Damien English with details and we’ll set up a short interview.
Aug. 24: ABC Night at Tom Ham’s Lighthouse
Sept. 29: Emerging Professionals Speed Mentoring Event
Oct. 26: Fall Networking at Phil’s BBQ
If you have any questions, please email San Diego Program Associate
Disaster Recovery: A Guide to Financial Issues
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