It's easier to set up shop in Texas now that Gov. Rick Perry has signed a new CPA mobility bill into law. The measure, which was endorsed by the Texas Society of CPAs, cuts the red tape involved for out-of-state CPAs who practice in Texas. While CPA firms will be required to have a state license to perform audits on Texas companies, CPAs with qualifications that are substantially equivalent to Texas's may practice in Texas without notice or license for all other services. TSCPA Executive Director John M. Sharbaugh said he hopes "other states return the favor by passing similar legislation.”
Texas Governor Signs CPA Mobility Bill [TSCPA]
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