Advocating on behalf of the profession is a central pillar of the Illinois CPA Society.

Each day, the Illinois CPA Society works to help create an environment that favors and supports the accounting profession and you, our members.

Here are 10 ways we’ve recently had your back.

Advocating for You

 


  1. CPA License Renewal
    Served as a collective voice for the CPA profession with the Illinois Department of Financial and Professional Regulation and advocated for individual and firm license renewal extensions.

  2. Professional Licensure Regulatory Sunset Act
    Preserved regulatory protections of CPA licensure and mobility practice privileges.

  3. State Corporate Tax Return Due Date
    Advocated for the Illinois Department of Revenue to extend the state corporate tax due date from October 15 to November 15.

  4. CPA Exam Legislation
    Passed legislation to require 120 hours to sit for the CPA exam and 150 hours for licensure.

  5. CPA Exam Administrative Rules
    Advised the Illinois Board of Examiners on drafting administrative rules to implement the 120-hour requirement to sit for the exam.

  6. Non-Compete Covenants
    Negotiated legislation to preserve the use of not-to-compete/non-solicitation covenants in employment agreements.

  7. Fighting a Tax on Professional Services
    Maintain a broad-based coalition of professional and trade organizations to oppose any legislative initiatives to impose a tax on professional services.

  8. Legislative/Regulatory Updates
    Provide relevant information to members through Daily Morning Reports when the legislature is in session, special alerts, Capitol Insight e-newsletter, and Insight magazine.

  9. Bill Monitoring
    Monitor bills that are introduced or amended that could negatively impact the CPA profession.

  10. Legislation Tracking
    Provide real-time tracking of tax and other legislation of interest to the CPA profession.

For more information, contact:
Marty Green
Senior Vice President and Legislative Counsel
Email l 217.789.7914