Need to talk membership? It's my favorite topic. Email me or call me - 208-344-6261 x 1

Greetings! dues time is in full-swing. If you'd take a second today, before your life gets even crazier, to pay your dues, it will help us very much. With only three of us working very hard to serve you and help you succeed, all the time we can save helps you! Click here: www.idcpa.org/my-iscpa/pay-dues

Many thanks. If you've already paid your dues, thank you and disregard :)

~ Laura Lantz, ISCPA Executive Director
Legislative Update: IDeal - College Savings Program presented two bills this morning for printing in House Rev and Tax. Both passed and will be scheduled for a hearing soon. Here are some details:

H0550  - provides employers a tax credit for contributing to an employee's individual IDeal – Idaho 529 College Savings Program account. The tax credit is 20% of the total employer's contribution with a maximum of $500 tax credit per employee, per taxable year.

H0551  - fixes some redundancy in code, but the key point in this bill is that it coordinates the definitions in Idaho law with federal tax changes allowing Idaho families to benefit from those changes. 

For example, Idahoans have missed out on tax exempt withdrawals in the situation where a student attends a U.S. military academy and tax exempt re-contributions of a refund from an eligible education institution within 60 days of the refund. Instances where state and federal code differ on a topic causes confusion and ultimately a negative tax consequence for the Idaho account owner.

If you have any comments in support or against either of these bills, please email Laura to share your thoughts or email your fellow ISCPA Member, Nick Thiros, CPA , who works at IDeal.

As always - our ISCPA Advocacy Page is a great place to start if you are interested in what's going on at the Capitol. You can find information and links to numerous services.
by John McGown, Jr.

A long-time Idaho Society of CPAs member, John McGown, shared an article that may be of interest to you.

If you publish articles and would like to share them with our members, email Laura Lantz . Sharing your work is a great benefit for us all.
Payment of your 2020 dues opens the opportunity for you to register for "Creating an Ethical Organizational Culture." Be sure to take advantage of this great member benefit - 2 complimentary ethics credits!

Idaho General Ethics - this is what most ISPCA Members take. Idaho CPAs must report a minimum of 4 ethics credits every 2-year period. If you take ISCPA's member-only ethics 2 credit course every year, you are covered.

Idaho State Specific Ethics - for those CPAs that become licensed in Idaho this year.

Don't forget - complete this ethics webinar by 10.1.20 to be entered into the 2021 complimentary dues drawing - (the winner be announced in the Monday Takeaway!)
SECURE Act & Other 2019 Tax Legislation
webinar now available

This is an extremely valuable member benefit - FULL of great tax information!
Do you get ISCPA's Complimentary Weekly Federal Tax Podcast? 
Update your communication preferences here to take advantage of this great benefit! 

Scroll down to the COMMUNICATION OPTIONS section and sure Weekly Federal Tax Podcast is selected.

Don't miss out.
Have you registered yet?
Idaho Society of CPAs
Professional Issues Updates
June 2    Coeur d'Alene Best Western CDA
June 3   Moscow Best Western University Inn
June 4    Lewiston Red Lion
June 9    Idaho Falls Hampton Inn
June 10   Pocatello Fairfield Inn
June 11   Twin Falls Hilton Garden Inn
June 19   Boise Oxford Suites
Don't Forget - Our 2020 Need to Know page on the idcpa.org website is real-time news and information you should keep up on, including ISCPA Member alerts, bulletins and updates.
If you have ANY ideas, thoughts, suggestions or even need review on a specific topic - REACH OUT! We work for you and always look forward to helping our members succeed.


Laura Lantz, Executive Director
Email me or call me at 208-344-6261
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The ISCPA MEMBER DISCOUNT PAGE is a fantastic avenue for discounts and savings for Society Members. Check it out!