As the 2025 legislative session has come to a close, we are proud to share the impactful work MSATP has done on your behalf. Here are some of our top accomplishments:
Legislative Accomplishments
Protecting Small Business Interests
- We reviewed and responded to multiple bills impacting small business tax policy, regulatory requirements, and compliance burdens—ensuring our members’ unique challenges were represented.
Opposing Sales Tax on Professional Services
- We led the charge against SB1045/HB1554, which would have extended sales tax to accounting and tax preparation services. MSATP’s in-person testimony and member mobilization were key in stopping this harmful legislation.
Monitoring Tax Reform & Equity Initiatives
- Our team tracked changes in personal and corporate income tax law, child tax credits, earned income tax credit eligibility, and cannabis tax exemptions to help members stay informed and prepared.
Supporting the Profession’s Future
- We supported legislation that strengthens licensure pathways and the State Board of Public Accountancy, including a 5-year sunset extension and the creation of an emeritus status option.
Exploring Alternatives to Raising Taxes
- Balanced Revenue Generation: We encouraged the exploration of alternatives to raising taxes, such as balancing revenue generation with economic growth and spending cuts, to foster an environment where member firms can prosper.
Protecting Taxpayers from Scams
- Deceptive Tax Practices: We guarded taxpayers against deceptive tax practices and scams, especially those targeting the elderly, to protect the public and uphold the ethical standards of our profession.
Download the 2025 Legislative Report
For a comprehensive overview of all the legislative actions and details of the bills tracked by MSATP, you can download the full 2025 Legislative Report here.