That’s $200 in your pocket.

The Largest Single Tax Repeal of the 84th Legislative Session – HB 7 ends the “ Professionals Tax”, a $200 annual fee on accountants, architects, attorneys, chiropractors, dentists, engineers, interior designers, investment advisors, landscape architects, land surveyors, optometrists, physicians, property tax consultants, psychologists, real estate brokers, and veterinarians, saving over 600,000 Texas professionals $125,000,000 annually. For TSCPA members, that’s a savings of over $5,000,000.

The bill is on its way to Governor Abbott for signature.

Special thanks to TSCPA’s Key Persons for their timely work urging legislators to include the repeal in HB 7!

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One Response to That’s $200 in your pocket.

  1. Pingback: TSBPA Adopts Rules to Repeal $200 Professional Fee | TSCPA at the Capitol

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