NewsFlash Feb. 9, 2012
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Join FICPA and DBPR to Stop Unlicensed Activity
Each day, thousands of Florida-licensed CPAs work to serve their valued clients throughout the state. Having a license to practice is important – it means you’ve worked hard to demonstrate proficiency in your profession and you’ll abide by the standards outlined by Florida law.
Accountancy Bill Ready for House Floor – Senate
On Feb. 1, HB 769 (the FICPA’s Accountancy Bill) sponsored by Rep. Clay Ford, R-Pensacola (Co-Sponsors: Rep. Michael Bileca, R-Miami; Rep. Daphne Campbell, D-Miami Shores; Rep. Charles Van Zant, R-Palatka; and Rep. Eddy Gonzalez, R-Hialeah Gardens), unanimously passed out of the House Economic Affairs Committee. HB 769 now is ready to be heard by the full House.
More information about legislative or regulatory issues: John W. Johnson, FICPA Director of Governmental Affairs | (800) 342-3197, Ext. 203 (in Florida) | (850) 224-2727, Ext. 203 | email@example.com
AICPA News Roundup
A collection of recent updates from the AICPA, including surviving tax season; getting noticed through social-media networks; and the IRS tax-preparer compliance initiative.
In addition to the Toolkit, check out the Top 10 Tax Resources. AICPA staff and volunteers developed this list to help practitioners save time during the busy season. Free resources include a webinar on tax-season administration; client brochures on key 2011 tax provisions; and a list of links on irs.gov for filing 1040s.
The FICPA also has several consumer and small business-targeted public service announcements available for your use. Click here to get noticed this tax season.
IRS Initiates Tax Prep Compliance Visits
Has the IRS contacted and/or visited your firm? If you are willing to describe an IRS visit, please contact the AICPA tax team. The AICPA has a webpage dedicated to this issue, which includes background information and tips for preparing for such a visit.
When is Your Next Jeans for Scholarships Day?
Thank you to everyone who supported the FICPA Educational Foundation’s Jeans for Scholarships program in 2011! Because of last year’s success, we will host two Jeans for Scholarships events in 2012 - May 18 and Oct. 26. CPAs throughout Florida are invited to dress down for a great cause.
The program is simple. Florida CPA firms schedule a casual/jeans day in their offices on May 18 and Oct. 26, 2012. Suggested contributions are $5 from employees or staff and $10 from partners or upper management, but the Foundation accepts donations of any amount. All donors may wear jeans on or before May 18, 2012 and Oct. 26, 2012. Firms then donate the proceeds to the FICPA Educational Foundation.
Get creative in your event planning! Some firms schedule a themed pot-luck lunch or other activities to enhance jeans day. Be sure to take photos and send them to us! Firms that sign up for the program become official Scholarship Wranglers and will be recognized online.
Section 263: New Tangible Property Regulations
Learn new rules for treatment of amounts paid to acquire, produce, repair or improve tangible property and proper accounting for dispositions of property subject to depreciation. The new regulations provide objective standards and bright-line rules intended to simplify compliance with the capitalization provisions contained in section 263(a) of the Internal Revenue Code. Join Lynn Nichols, CPA, from Nichols Patrick CPE for a comprehensive analysis of the new rules; an explanation of how your clients might benefit from an automatic change in accounting method; and more than 20 real-life examples of how the new rules will work.
Health Care Industry Conference
Learn How to Succeed in a Slippery Market
The health care industry has gone through an evolution of changes during the past several years. Keeping your footing is more important than ever to succeed in the market. The 2012 FICPA Health Care Industry Conference – for CPAs who work for hospitals, clinics, physicians or long-term-care facilities, and for public practitioners who work with CPAs in industry – is the perfect place to learn the latest updates.
This year’s conference brings keynote speakers and national health care industry leaders, Rubin King-Shaw Jr. and Alex Sink, who will talk about the past, present and future of health care in the United States and the future of health care in Florida.
Get all the health care information you need in one place, and connect with more than 15 exhibitors.
Save Your Spot Now at
The FICPA’s brand-new Mega CPE Conference will be held simultaneously in two cities – Tampa and Orlando – June 11-13. The most innovative learning event of the year, Mega CPE will offer one-on-one speaker sessions, webcasts, roundtable discussions and traditional lectures.
Register today and reserve your place at the conference that promises to be unique, energizing and inspiring. Get ready for a changed-up tradeshow, too. The modernized exhibit area will feature tabletop displays that offer a more interactive approach for merchants to demonstrate their products and services.
It’s your fresh take on CPE. Prepare to be amazed.
New Mentoring Minute Series: Establish a Mentoring Culture
Mentoring Minute will include various articles and tools. Look for it in the first issue of NewsFlash each month, and link to Women's Leadership for archived resources.
This month’s focus is on establishing a mentoring culture – an ongoing way of living and working each day. Benefits include attracting and retaining the brightest employees and better employee morale. Check out this article for more information.
Tech Tip: Disable Desktop Alerts in Outlook
If you live in Outlook and get hundreds of messages each day, it's extremely annoying when the desktop alert pops up every time you get a message. Click here to learn how to turn off the annoyance.
This Tech Tip is brought to you by the Business and Technology Section ... IT solutions for today's CPAs. For more information and to view an archive of previous Tech Tips, please visit us here.
Are there specific topics you’d like to see covered in Tech Tips? Email your suggestions to firstname.lastname@example.org.
Look for the next issue of FICPA NewsFlash Feb. 23, 2012.
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LAST UPDATED 2/8/2012