Latest News
Legislative Update: Your guide to IRS, DOR and FinCEN filing relief post-Hurricane Milton
October 18, 2024
The state of Florida has weathered Hurricanes Milton, Helene and Debby this season, prompting multiple filing-extension notices from federal and state agencies. These are the most up-to-date deadlines following Hurricane Milton.
News: AICPA & CIMA appoint Mark Koziel as next CEO
October 16, 2024
Following an extensive global search, the Board of Directors of the Association of International Certified Professional Accountants (the Association) has appointed Mark Koziel, CPA, CGMA, as the organization’s next CEO. Koziel will succeed Barry Melancon, CPA, CGMA, who will retire at the end of 2024.
Advocacy Alert: Department of Revenue announces county-by-county extensions to May 16, 2025
October 15, 2024
The Department of Revenue on Tuesday announced that all Florida counties are now under an extension to May 16, 2025. Please be sure to note the specific county lists and effective dates listed.
Advocacy Alert: FinCEN extends FBAR relief to all of Florida through May 1, 2025
October 11, 2024
FinCEN announced on Friday that victims of Hurricane Milton have until May 1, 2025 to file Reports of Foreign Bank and Financial Accounts (FBARs) for the 2023 calendar year. FBAR filings for calendar year 2023 would otherwise be due on or before October 15, 2024.
Advocacy Alert: IRS extends tax-filing relief to all of Florida through May 1, 2025
October 11, 2024
The Internal Revenue Service on Friday that taxpayers all taxpayers in Florida now have until May 1, 2025, to file various federal individual and business tax returns and make tax payments following a series of storms including Hurricanes Milton, Helene and Debby.
Link: FEMA's Hurricane Milton disaster hub
October 08, 2024
News and resources from the Federal Emergency Management Agency for those Florida counties affected by Hurricane Milton.
News: President Biden approves Florida emergency declaration ahead of Hurricane Milton
October 08, 2024
President Joe Biden on Monday declared that an emergency exists in the Florida and ordered federal assistance to supplement state, tribal, and local response efforts due to the emergency conditions resulting from Hurricane Milton beginning on October 5, 2024, and continuing.
News: FinCEN provides FBAR relief to victims of recent natural disasters
October 07, 2024
The Financial Crimes Enforcement Network (FinCEN) today issued four notices extending the filing date of Reports of Foreign Bank and Financial Account (FBARs) for victims of recent natural disasters, including Hurricane Helene, Hurricane Debby, Hurricane Beryl, and Tropical Storm Francine
Blog: Audit is not always a bad word
October 04, 2024
With 72% of businesses falling victim to overcharging, initiating a review by an independent auditor like FICPA partner Merchant Advocate is a crucial way to add revenue back to your clients’ bottom line.
Legislative Update: County-by-county filing dates following Hurricane Helene
October 03, 2024
Hurricane Helene has prompted filing extensions to May 1, 2025, from both the Internal Revenue Service and the Florida Department of Revenue for taxpayers in 41 affected counties. We've put together this county-by-county list of due dates.
Webinar replay: Hurricane Helene: Getting Started with Recovery with Jerry Schreiber
October 03, 2024
On Thursday, we presented a "Hurricane Helene: Getting Started with Recovery" webinar, featuring nationally renowned disaster-relief expert Gerard Schreiber and FICPA Board member Mindy Rankin. Watch the replay here.
Advocacy Alert: Florida Department of Revenue issues filing extensions to Nov. 22 and May 16 for counties impacted by Helene
October 02, 2024
The Florida Department of Revenue on Wednesday granted relief to counties impacted by recent storms, including Hurricanes Helene and Debby and the severe weather that hit the Big Bend region in May.
Advocacy Alert: IRS issues May 1 extension for 41 counties impacted by Hurricane Helene
October 01, 2024
The IRS has issued a tax-filing extension to May 1, 2025, for 41 Florida counties impacted by Hurricane Helene. Those taxpayers with returns and payments with due dates postponed until Feb. 3, 2025, due to Tropical Storm Debby in Florida, will also now have until May 1, 2025, to file and/or pay.
News: FICPA issues letters to FinCEN, DOR seeking filing relief for those impacted by Hurricane Helene
October 01, 2024
The FICPA on Monday sent letters to both the U.S. Treasury's Financial Crimes Enforcement Network and the Florida Department of Revenue, requesting filing relief for those Florida counties in which a major disaster has been declared.
Free Webinar: Helene recovery with Jerry Schreiber
September 30, 2024
We're hosting a complimentary webinar on Hurricane Helene recovery matters with the profession’s foremost expert on disaster relief: Jerry Schreiber, CPA. Join us this Thursday, Oct. 3, at 3 p.m., as we cover effective filing dates, preparing returns for taxpayers in the affected area, and relevant legislation.
Member Survey: FICPA's Hurricane Helene Impact Assessment
September 30, 2024
Has your home or business suffered damage from the storm? Please complete this post-storm member survey so that we can direct our efforts to supporting the members and areas who us most.
News: FICPA introduces Jim Gurowka, CAE, as Chief Growth Officer
September 30, 2024
“I could not be more excited to join this wonderful team and to support our more than 18,500 members across the state,” Gurowka said. "I’ve long heard wonderful feedback about the FICPA under President & CEO Shelly Weir, and when I saw this opportunity, I knew: ‘This is where I want to be.’”
Link: FEMA's Hurricane Helene disaster hub
September 28, 2024
Federal Emergency Management Agency updates and resources for Charlotte, Citrus, Dixie, Franklin, Hernando, Hillsborough, Jefferson, Lafayette, Lee, Levy, Madison, Manatee, Pasco, Pinellas, Sarasota, Taylor, and Wakulla counties.
News: President Biden approves Florida disaster declaration
September 28, 2024
The president’s action makes federal funding available to affected individuals in the counties of Charlotte, Citrus, Dixie, Franklin, Hernando, Hillsborough, Jefferson, Lafayette, Lee, Levy, Madison, Manatee, Pasco, Pinellas, Sarasota, Taylor, and Wakulla.
Blog: Tax treatment of 'Qualified Disaster Payments'
September 27, 2024
Individuals and businesses who want to help individuals affected by the disasters may not realize there are “Qualified Disaster Payments” that allow disaster victims not to include as income some assistance payments they receive.