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Old 10-17-2015, 01:48 PM
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New bee question

I am very new to multi state taxation. What are some good learning guides for new CPAs to practice few practical examples?

Secondly, if we are filing simple tax returns for small businesses in multiple states, do we need to register the CPA firm in all these states. What if we dont ever file in few states as we dont have any clients



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Old 10-17-2015, 09:36 PM
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I am very new to multi state taxation. What are some good learning guides for new CPAs to practice few practical examples?=======>>You need to contact IRS Enrolled Agents/ CPAs doing taxes in your local area for help. I BEELKIVE MOSTOF CPAS/EAs filed several multi state returns each tax year.

Secondly, if we are filing simple tax returns for small businesses in multiple states, do we need to register the CPA firm in all these states. What if we dont ever file in few states as we dont have any clients======>I guess no need to register with the CPA firm in another state. In general, CPAs are NOT tax experts. many CPAs do not do taxes only 10% of CPAs do taxes . CPA's ,as a a profession, normally work in public accounting.UNLIKE IRS Enrolled Agents that are federally-authorized tax practitioners/experts who have technical expertise in the field of taxation, CPAs , CAP license is state level license NOT federal level license UNLIKE EA license, need to apply to their, other states’, boards of accountancy since CPAs should be recognized by other states’ boards of accountancy. , unlike CPAs, EAs can practice nationally, without re-certifying or re-testing state-by-state. in many circumstances, an out-of-state CPA is restricted from using the CPA designation or designators letters until a license or certificate from that state is obtained. TX additionally prohibits the use of the designations "accountant" and "auditor" by a person not certified as a TX CPA, unless that person is a CPA in another state, is a non-resident of Texas, and otherwise meets the requirements for practice in TX by out-of-state CPA firms and practitioners. I know that
most of people even CPAs /EAs themselves dont EVEN know what CPAs/EAs are doing .

please visit the here for more info for the inter state reciprocity /recognition rules.
https://www.cpamobility.org/

There are limits for what you can and cannot do in another state. For example, you have to be careful not to hold yourself out as licensed if you work in a different state where you are not licensed in the state; you can get in big trouble, even if fully licensed in your home state.



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Old 10-26-2015, 11:36 PM
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Multi state taxation

Thanks Wnhough

Continuing with the same question, so what do most CPAs do- do they register in all 50 states . CPA mobility is allowed only in selected states eg: WA that allows CPAs in other licensed states practice in WA without any additional fees.



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Old 10-27-2015, 06:26 AM
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Quote:
Originally Posted by newbee2015 View Post
Thanks Wnhough

Continuing with the same question, so what do most CPAs do- do they register in all 50 states . CPA mobility is allowed only in selected states eg: WA that allows CPAs in other licensed states practice in WA without any additional fees.
Continuing with the same question, so what do most CPAs do- do they register in all 50 states .==No.

CPA mobility is allowed only in selected states eg: WA that allows CPAs in other licensed states practice in WA without any additional fees==> I guess so for example, CPAs from outside CA can serve clients in CA without obtaining a license or paying a fee to the CA Board of Accountancy under a new law signed in 2013. Changes in the law governing the accounting profession will bring CA into conformance with CPA mobility legislation in forty-eight other states and the District of Columbia. It takes effect on July 1, 2013. Under the Uniform Accountancy Act mobility provision, as long as you have a license in good standing from your home state of WA, you do not need to obtain a license in the state in which clients reside or do business.. However, depending on the service that you are performing for the client, you may have to register your biz /firm. CPA mobility is a uniform approach endorsed by the AICPA and the National Association of State Boards of Accountancy , the national organization representing state boards of accountancy, through a provision in the AICPA/NASBA Uniform Accountancy Act .plz visit the website for more info n detail.
. CPA Mobility Resources - AICPA



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