The Colorado Society of CPAs supports its members in providing quality professional services to serve the public interest.

On Sept. 3, the Colorado State Board of Accountancy held a rule-making hearing to consider its proposed rules to incorporate the changes resulting from Colorado Gov. Bill Ritter, Jr., signing House Bill 10-1236 in April, 2010. Of particular note, the new rules, which are expected to be effective, Oct. 30, 2010, outline the requirements for 150 hours of education to apply for a Colorado CPA certificate on July 1, 2015, and later and also set the peer review requirements for Colorado CPAs and CPA firms which issue attest or compilation reports, effective with renewal of CPA certificates and firm registrations in 2014. CLICK HERE to watch CSCPA CEO Mary Medley describe these changes in more detail.

On June 14, CSCPA CEO Mary Medley met with Richard Giardini, Taxpayer Service Division Director with the Colorado Department of Revenue, to discuss the following, ongoing issues Colorado CPAs and their clients are experiencing in the processing of individual tax returns. Many of these issues are related to the Department’s conversion in fall, 2009, to a new computer system and the delayed processing of returns filed in September and October, 2009. For more information or to request assistance with a particular issue, contact Medley at mmedley@cocpa.org or call her at (303) 741-8601 or (800) 523-9082, ext. 101.

"Use of the Market Method in Marital Dissolution Valuations"
Presented by Derald Lyons, CPA, CVA

Date: September 14, 2010
Time: 4:00 - 6:00 p.m.
Location: CSCPA Office

Please RSVP to: tcervi@cocpa.org

The AICPA is issuing a call to action! CPAs across the country should contact the IRS to emphasize the burdens CPAs, CPA firms and businesses will face if the IRS fully implements its proposed Tax Registration program. Click here to access a sample email to the IRS and resources on the issue. please e-mail your letters to *public_liaison@irs.gov.

The Colorado State Board of Accountancy is proposing to repeal its existing rules in their entirety and to adopt new rules for Chapters 1-11. The proposed rules may be found at: www.dora.state.co.us/pls/real/SB121_Web.Show_Rule?p_rule_id=3801.
A public hearing on the proposed rules is set for 8:00 a.m., Sept. 3, 2010, at 1560 Broadway, Suite 1250C, Denver CO 80202. The public is invited to provide written comment which must be submitted at least ten days prior to the hearing, as well as to testify in person. For more information, contact Amy Storm, Program Manager, (303)894-2563.

As a member you can enjoy exclusive savings on these select titles through September 30, 2010:

• CCH Accounting for Income Taxes, 2011 — regularly $265, now $159
  
• Charitable Giving Answer Book, 2011 — regularly $290, now $174
  
• Compilations & Reviews, 2010-2011 — regularly $249, now $149.40
  
• Construction Guide Combo, 2010 — regularly $275, now $165
  
• Drafting the Estate Plan, 2011 — regularly $379, now $227.40
  
• Multistate Guide to Sales & Use Tax: Manufacturing, 2011 — regularly $239, now $143.40
  
• Multistate Tax Guide to Financial Institutions, 2010 — regularly $325, now $195
  

U.S. Master™ Property Tax Guide, 2010— regularly $110, now $66

25% off the 2011 U.S. Master Tax Guide®

Through October 31, 2010, you will receive 25% off the 2011 U.S. Master Tax Guide. Remember, they will not be billed until their book ships and can cancel their order at any time prior to shipment.

You may download the order forms at www.tax.cchgroup.com/members/cocpa

For all books other than the 2010 Master Tax Guides, please place your order by September 30, 2010.

If you have questions, please call Susan Vachereau at (303) 741-8605 or (800) 523-9082, ext. 105.

Have you been thinking about the future of your firm, succession planning, and grooming the next generation to become leaders? If you missed this year’s conference, Buying, Selling, Merging, Advancing, Retiring: Planning for You and Your CPE Firm’s Future, click to order a video of the conference now!