Federal Tax Policy 

Advocacy That Makes a Difference

The TXCPA Federal Tax Policy Committee is dedicated to advocating for our members and the accounting profession at the national level. Our team of experienced professionals reviews federal tax legislation, regulations, and administrative pronouncements to ensure your voice is heard in Washington. Through proactive engagement, we provide thoughtful feedback and expert input to policymakers, striving to shape fair and effective tax policy that supports the needs of our members and the broader accounting community.

What We Do

  • Analyze proposed federal tax laws and regulations for their impact on our members and the profession.
  • Submit formal letters, comments, and recommendations to key government agencies and officials.
  • Keep TXCPA members informed about critical policy developments and opportunities for engagement.
  • Represent the collective expertise and interests of Texas CPAs in the federal policy-making process.

Response Letters and Articles

We are committed to transparency and keeping you updated on our advocacy efforts. View the most recent letters submitted by the Federal Tax Policy Committee, as well as articles drafted on recent federal tax issues here.

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H.R. 1 and the Shifting Landscape for Texas CPAs

  • Published on Sep 2, 2025

H.R. 1 and the Shifting Landscape for Texas CPAs

Major tax legislation always carries ripple effects, but H.R. 1 represents a sea change. For CPAs in Texas, its provisions touch individuals and businesses in ways that can’t be ignored — from family budgets to corporate growth strategies.

What makes this bill especially significant is the way it reframes long-standing assumptions. The SALT deduction cap, for instance, looks different in a state without an income tax but with rapidly rising property values. Families also face changes in the Child Tax Credit, which may alter planning strategies for many households.

On the business front, the opportunities are as critical as the challenges. Immediate R&E expensing may reward innovation, but it requires careful timing and planning. Expanded Section 179 and bonus depreciation broaden the scope for investment, while the permanence of the QBI deduction brings a measure of certainty for pass-through entities. These shifts collectively open the door for more taxpayers to benefit, provided their advisors understand how to navigate the details.

The through line in all of this? Clients will look to their CPAs not just for compliance, but for clarity. They want a trusted advisor who can translate statutory text into real-world impact — someone who can answer “what does this mean for me?” in terms that matter.

That’s not a skill you develop passively. It demands active engagement with the reforms, context for how they land in Texas, and practical strategies that can be applied immediately.

To help CPAs step into that role with confidence, TXCPA is offering a 2-hour CPE program — the first in a series — focused on the individual and business provisions of H.R. 1. The session is designed to strip away the noise and provide the straightforward, Texas-specific insights professionals need to advise effectively.

H.R. 1 underscores a reality every CPA knows well: nothing in tax is static. But for those prepared to adapt, change can be more than disruption — it can be an opportunity to strengthen client trust and elevate your role as an advisor.

 

  • Question

    Why This Matters

    This incredibly important work helps ensure that tax regulations and accounting standards are fair, practical, and serve the public interest. Discourse with regulatory bodies during rulemaking can make a huge impact on our economic well-being.

  • Feedback

    A Public Service

    Providing feedback to standard setting and regulatory bodies on proposed rules is of crucial importance. Accounting professionals provide a grassroots perspective from those who understand the wider ramifications of rules compliance.

  • Hand pointing with motion lines

    We Need You!

    Volunteerism is at the heart of our all our advocacy efforts. Fresh faces and new perspectives are always much welcome - and much needed. Make your voice heard and make a difference!

    Volunteer

What TXCPA is doing

Browse through our latest feedback to regulators.

H.R. 1 and the Shifting Landscape for Texas CPAs

  • Published on Sep 2, 2025

H.R. 1 and the Shifting Landscape for Texas CPAs

Major tax legislation always carries ripple effects, but H.R. 1 represents a sea change. For CPAs in Texas, its provisions touch individuals and businesses in ways that can’t be ignored — from family budgets to corporate growth strategies.

What makes this bill especially significant is the way it reframes long-standing assumptions. The SALT deduction cap, for instance, looks different in a state without an income tax but with rapidly rising property values. Families also face changes in the Child Tax Credit, which may alter planning strategies for many households.

On the business front, the opportunities are as critical as the challenges. Immediate R&E expensing may reward innovation, but it requires careful timing and planning. Expanded Section 179 and bonus depreciation broaden the scope for investment, while the permanence of the QBI deduction brings a measure of certainty for pass-through entities. These shifts collectively open the door for more taxpayers to benefit, provided their advisors understand how to navigate the details.

The through line in all of this? Clients will look to their CPAs not just for compliance, but for clarity. They want a trusted advisor who can translate statutory text into real-world impact — someone who can answer “what does this mean for me?” in terms that matter.

That’s not a skill you develop passively. It demands active engagement with the reforms, context for how they land in Texas, and practical strategies that can be applied immediately.

To help CPAs step into that role with confidence, TXCPA is offering a 2-hour CPE program — the first in a series — focused on the individual and business provisions of H.R. 1. The session is designed to strip away the noise and provide the straightforward, Texas-specific insights professionals need to advise effectively.

H.R. 1 underscores a reality every CPA knows well: nothing in tax is static. But for those prepared to adapt, change can be more than disruption — it can be an opportunity to strengthen client trust and elevate your role as an advisor.