|
For most Texas CPAs, your license fees will be reduced by $191 in the coming year.
The new renewal fee will be $66 which includes $56 to fund the operations of the Board, and $10 to the fifth-year accounting students' scholarship trust account.
The 84th Texas Legislature eliminated the $200 professional fee after September 1, 2015. However, renewal fee charges accrued prior to September 1, 2015 will continue to include the $200.
As a result of the Board's projected revenue, expenditures, and fund balances, modest fee increases are necessary to maintain the same level of operations for Texas licensees. See fee changes chart below. Out-of-state firms will be subject to the organization fee based on their count of CPAs and non-CPA owners in their home state of registration. There are no changes to firm organization fees with six or more CPAs or non-CPA owners. It should also be noted that the professional fee exemption will no longer be necessary.
|
Fee Changes |
Type |
Current |
Future |
Eff. Date |
|
Professional
|
$200*
|
$0*
|
9/1/15
|
|
Individual license
|
$57**
|
$66**
|
9/1/15
|
|
Retired/disabled
|
$10
|
$15
|
10/1/15
|
|
Firm license
|
$50
|
$60
|
9/1/15
|
|
Firm organization
2 to 5
|
$0†
|
$10†
|
9/1/15
|
|
Exam application of
intent
|
$50
|
$60
|
10/1/15
|
* Renewal fee charges accrued prior to September 1, 2015 will continue to include the $200 professional fee
** Includes the $10 to be deposited into the fifth-year accounting students' scholarship trust account
† Per individual count for firms with 2 to 5 CPA owners, CPA employees, and non-CPA owners
|
