Temporary fee reductions, new 'retired status' to take effect.

• Position: Reduction of renewal of licenses for certified public accountants - Brief article

Those applying for their CPA licenses and CPAs renewing their licenses will find the cost to do so cut from $120 to $50 for the next two years. In addition, the application fee for the Uniform CPA Exam, the license application fee and the fee for registration as a partnership or corporation have also been reduced through June 30, 2016.

A new "retired license" status took effect July 1, 2014, to offer California CPAs who meet certain criteria the ability to retire without...