Blog | Florida Institute of CPAs

IRS mailing 20K ERC disallowance letters

December 6, 2023

The Internal Revenue Service is sending an initial round of more than 20,000 letters to taxpayers notifying them of disallowed Employee Retention Credit claims.

Internal Revenue Service

FinCEN extends BOI deadline for 2024 companies

November 29, 2023

Reporting companies created or registered in 2024 will have 90 calendar days from the date of receiving actual or public notice of their creation or registration becoming effective to file their initial BOI reports.

Beneficial Ownership Information

IRS delays 1099-K reporting changes

November 27, 2023

The IRS on Nov. 21 announced a delay of the new $600 Form 1099-K reporting threshold for calendar year 2023. The agency will treat 2023 as an additional transition year.

Internal Revenue Service

The power duo: CPA firms and marketing companies

November 27, 2023

To stand out in the crowd and achieve sustainable growth, CPA firms must adapt to the changing times and embrace modern marketing strategies.

FICPA Strategic Partners

Members Only

2024-25 FICPA’s Council Slate of Officers and Members-at-Large Nominated

November 20, 2023

FICPA Official Notice In compliance with Article XI, Sections 2 & 4 of the FICPA Bylaws, be it known that the following nominations for Chair-Elect and Director are and will be submitted to the FICPA Council for consideration for election by January 31, 2024.Chair: Ed Duarte**Chai...

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Attending Committee Meetings

November 17, 2023

Florida House and Senate members returned to Tallahassee this week, continuing preparations leading up to the 2024 Legislative Session. It was a full week of committee meetings and FICPA Governmental Affairs had a busy and productive week advocating for the profession. FICPA President and CEO Shelly

FICPA Government Affairs

Legislative Update

Recapping Special Session and committee meetings

November 9, 2023

It was a busy week in Tallahassee as Florida House and Senate members returned to continue preparations leading up to the 2024 Legislative Session and stage a Special Session.

FICPA Government Affairs

Legislative Update

FICPA co-signs letter seeking BOI delay

November 6, 2023

The FICPA has co-signed a letter asking FinCEN to extend and expand the deadline for beneficial ownership information (BOI) reporting requirements, specifically for Reporting Companies Created or Registered in 2024.

AICPA

Beneficial Ownership Information

Anthem: Use a complete digital marketing system

October 26, 2023

Let’s explore the reasons why a comprehensive digital marketing system is essential for CPA firms and how it can benefit their overall marketing strategy.

FICPA Strategic Partners

Advocacy Update: Special Session called for Nov. 6-9

October 23, 2023

On Friday, at the request of Gov. Ron DeSantis, House Speaker Renner and Senate President Passidomo issued a joint proclamation announcing the Florida Legislature will meet for a Special Session, Nov. 6-9, 2023.

Legislative Update

FICPA Government Affairs

Advocacy Update: Albritton named Senate President-Designate

October 20, 2023

The Florida House and Senate both returned to Tallahassee this week for their first full Interim Committee Week. Read our recap and learn more about our new Deputy Director, Lauren Henderson.

IRS unveils withdrawal process for ERC claims

October 19, 2023

As part of a larger effort to protect small businesses and organizations from scams, the IRS announced the details of a special withdrawal process to help those who filed an ERC claim and are concerned about its accuracy.

Internal Revenue Service