| Definitions
CATEGORY 1 - $210
Partners/practitioners: Includes all CPAs in public practice, assurance and consulting services who are partners and/or sole practitioners.
Staff: Includes all CPAs who are employed by partners and/or practitioners.
Industry: Includes all CPAs who are employed in corporate entities, publicly held companies and organizations other than those listed in other categories.
Government: Includes all CPAs who are full-time employees of local, state or federal government agencies.
Out-of-state: Includes all CPAs who live and work outside the state of Maryland (previously called associate members).
CATEGORY 2 - $110
Educators: Includes all CPAs who are full-time educators at colleges, universities or community colleges who are actively promoting the profession to students, future CPAs, their institutions and the public at large.
First fiscal year: Available to all first-time fellow members and members-elect** when accompanied by completed membership application and appropriate application fee. Fiscal year begins on July 1 and ends on June 30; dues are not pro-rated.
Leave of absence: Includes all CPAs who are not currently in the workforce due to reasons such as family, health or full-time pursuit of additional education (previously called unemployed or student members).
Retired: Includes all CPAs who are at least 65 years of age who are not employed on a full-time basis. |
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CATEGORY 3 - $0
CPA candidates: Includes students and those preparing to sit for or in the process of taking the CPA exam. They do not vote and are not eligible for members-only discount programs. They can, however, sit on MACPA committees upon recommendation of the current committee chair. Eligibility expires three months after passing the CPA exam (previously called student affiliates).
Life members: Includes all CPAs who have been MACPA members for 40 years or more.
| Members-elect: Are new members awaiting receipt of their CPA license. They are placed in the appropriate category listed above after their first fiscal year, regardless of when they become fellow members. |
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** Those in the critical path of bringing new members to the profession are given the strongest financial incentive to remain committed to doing so. We are reaching out to educators to work closely with us to encourage students to study and sit for the CPA exam.
RESIGNATION VS. TERMINATION: What's the difference?
Members who "resign" as members in good standing are waived a $25 reinstatement fee, should they rejoin MACPA in the future. Members who do not resign are subsequentally "terminated for nonpayment of dues" and will be required to pay a $25 reinstatement fee.
The following statement is required by the IRS:
Contributions or gifts made to this association are not deductible as charitable contributions for federal income tax purposes. However, payments of membership dues are deductible for most members of a trade association under Section 162 of the Internal Revenue Code as an ordinary and necessary business expense.
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