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The Internal Revenue Service announced on Tuesday tax relief for individuals and businesses in Florida that were affected by severe storms.

All bills passed by the Legislature during the 2024 Session have now been acted on by Gov. Ron DeSantis. Although Session ended more than four months ago, it took until the last week of June for all legislation to make its way to the governor’s desk and for him to make final decisions on the fate of those bills. This officially signals the end of the legislative cycle, with all eyes now on the 2024 elections.

The Florida Institute of Certified Public Accountants (FICPA) is proud to announce that Ed Duarte, CPA, CGMA, began his tenure as the 97th Chair of the FICPA on July 1, 2024.

The FICPA Governmental Affairs Team is happy to welcome you back to the Legislative Update. After a short hiatus, the team returns to our regular bi-weekly update. We would like to say THANK YOU to all of those who joined us at Sapphire Falls Resort for MEGA 2024.

Florida Gov. Ron DeSantis on Wednesday signed HB 5001 – General Appropriation Act, commonly referred to as the state budget, for fiscal year 2024-25.

Key O'Keefe, Shelly Weir and Ed Duarte offer this in-depth look at the FICPA's victories over the last 12 months in our ongoing mission to protect and promote the CPA profession.

Some legislative activities took a bit of a back seat this week as strong storms and several tornados did significant damage to Tallahassee and the surrounding areas, shifting the focus to storm recovery.

HR 5863 by Congressman Greg Stuebe (R-FL) provides key disaster relief to individuals impacted by Hurricane Ian. The bill resolves issues around tax rules relating to personal losses during declared disasters.

Counties included in the executive order are: Baker, Columbia, Escambia, Gadsden, Hamilton, Jefferson, Lafayette, Leon, Liberty, Madison, Okaloosa, Santa Rosa, Suwannee, Taylor, and Wakulla.

Through Bridge to CPA, candidates can obtain their fifth year of education and take career-relevant courses, approved for licensure in Florida, without having to worry about tuition costs," FICPA President & CEO Shelly Weir said.

Florida's 2024 tax package includes the FICPA-priority language for automatic tax extensions when a state of emergency has been declared within five days of a deadline.

With legislators back in their respective districts, the FICPA Governmental Affairs team is transitioning into more post-Session activities with an eye towards the fast-approaching 2024 campaign season.

The letter, sent to leadership in both chambers of Congress, requests co-sponsorship of bipartisan, bicameral legislation – H.R.3541, the STEM Accounting Pursuit Act and S.1705, the STEM Education in Accounting Act.

In the latest episode of FICPA CEO Conversations, Shelly Weir is joined by two of the top names in cybersecurity to discuss the importance of written information security plans - otherwise known as WISPs.

Program partners with accounting and finance profession leaders to enhance talent pipeline in the State of Florida.

Monday, April 15, was a celebratory day for the FICPA's Governmental Affairs team, as Gov. DeSantis signed our retired CPA bill and we welcomed a new member to our staff.

In a letter addressed to the U.S. Department of the Treasury and the Financial Crimes Enforcement Network (FinCEN), the AICPA and all 54 state CPA societies ask that all BOI enforcement actions be suspended until one year after the conclusion of all court cases related to NSBA v. Yellen.

The multi-stakeholder National Pipeline Advisory Group (NPAG) has spent many months gathering insights from existing research, focus groups and polling. NPAG is now seeking feedback that will help shape potential talent solutions. By taking this quick but critically important national survey, you can help the advisory group prioritize and refine a holistic pipeline strategy.

Up next in our CEO Conversations series, Shelly Weir and Taxfyle Co-founder and CEO Richard Laviña, CPA, discuss ways to empower the licensure, and how Taxfyle seamlessly matches taxpayers with more than 7,200 CPAs and enrolled agents.

alliantgroup's Sonny Grover, CPA; Darren Guillot; and Rick Meyer, CPA, MBA, MST share six key questions the IRS will ask in an ERC audit.