CPA License Fees to Increase

At the same time the Texas State Board of Public Accountancy was approving rules to eliminate the $200 professional fee that CPAs no longer have to pay, the board approved the 2015-16 budget which includes projected modest increases in CPA license fees.  The proposed new fees, which will likely be effective some time after the board’s Sept. meeting, include increasing the individual license fee from $47 to  $56; the retired/disabled license fee from $10 to $15; and the firm license fee from $50 to $60.  The firm organization fee will now be charged for firms with two to five employees; until now those firms have been exempt from the organization fee.  The budget also increases the CPA exam application fee from $50 to $60.  There were no increases in the board’s fee to take the CPA examination.

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