Bankruptcy law goes into effect Oct. 17.

bankruptcy law goes into effect Oct. 17: CPAs should be aware that the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 goes into effect Oct. 17. For CPAs, the act means they may find that their fiscally challenged clients will have an increasing need for timely tax advisory and preparation services. For a summary of the act, visit www.calcpa.org/californiacpa/articles/2005/0602.htm.