At its meeting on January 27 in SeaTac, Washington, the Washington State Board of Accountancy adopted a rule that allows candidates in Washington to sit for the CPA exam after having earned 120 semester hours. This rule change does not modify the 150 hours required to be licensed as a CPA.

With the 2022 elections behind us, we adjust our focus to the 2023 Legislative Session. As we prepare for the launch of the session, WSCPA members will be meeting with legislators in Olympia during Hill Day on January 19 to discuss key matters expected to come before the legislature.

Join us in Olympia on January 19 for one of the year's most important advocacy events. This upcoming legislative session will be the first in-person session since 2020 and will be our first Hill Day in three years due to COVID-19.

The Tax Structure Work Group is considering recommending that the legislature replace Washington State's B&O tax with what many are calling a Texas-style margin tax. How close is this to becoming a reality? Mike Nelson, WSCPA Manager of Government Affairs, takes a look at the current state of the margin tax proposal.

While the profession has navigated through the health and economic turmoil of the last few years, the WSCPA Advocacy Team has spent the last several months monitoring the legislative session and preparing for the future.