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“We are thankful to the members of Congress who supported millions of businesses’ ability to retain pass-through entity tax SALT deduction and our partners throughout the state CPA societies and other professional service businesses for their diligent advocacy on this important issue" AICPA President & CEO Mark Koziel said.

“I know first-hand the impact of this Foundation,” Keller said. “I sincerely hope that my journey from Scholar to Chair will inspire both our students and benefactors, opening their eyes to what’s possible and underlining the value of this remarkable institution."

“It is an honor to Chair an organization that has had a profound influence on my professional development,” Lake said. “The work of the FICPA is critical in shaping fiscal policy, educating taxpayers, advocating for our profession and protecting our role as stewards of the public trust.”

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“As the reconciliation process continues, we urge members of the Senate and the House of Representatives to adopt the Senate’s position regarding pass-through entities and support the removal of new limitations of the SALT deduction," AICPA President & CEO Mark Koziel said.

“Overall, the AICPA appreciates the Senate Finance Committee’s efforts to improve and correct the targeting of SSTBs in the House bill, which lacked a foundation in sound tax policy. However, we remain concerned regarding the inequitable treatment of pass-through entities compared to corporations,” said AICPA President & CEO, Mark Koziel, CPA, CGMA.

Late Monday evening, the Florida Legislature adjourned sine die, bringing the 2025 Session to a close. The Session ran 105 days — one of the longest in recent history - and will go down as one of the most consequential for the CPA profession in decades.

The team at CPACharge is here to delve into the practical applications of AI in accounting, exploring how it can automate routine tasks, provide data-driven insights, and, ultimately, help you deliver more value to your clients.

“Each year, the Women to Watch Awards celebrate the remarkable leaders at the forefront of the profession in Florida,” Weir said. “I thank Kristen and Alex for the contributions they’ve made to the FICPA and congratulate them on this richly deserved honor.”

The FICPA is excited to report that we have mounted a successful defense of the CPA profession: The deregulation bill we’ve spent several weeks fighting has been officially withdrawn in the Florida Legislature.

The initial announcements from the House Speaker and Senate President did not provide any additional information on the outcome of the concerning components of SB 110. At this time, no additional member action or outreach to legislators is needed.

In today’s volatile and technology driven business landscape, finance leaders are learning not only how to weather the storm but how to surf the waves of change. AICPA's Barry Payne offers these insights into the evolving role of corporate finance and accounting professionals, using feedback and stories from the AICPA & CIMA Future of Finance Group.

“You have my commitment to help facilitate what I can during my term as chair – to listen and connect,” Lexy Kessler said in her acceptance speech. “Helping to move our profession forward on the pipeline, innovation, adapting technology at a disruptive pace and celebrating the value of our profession.”

AICPA and NASBA have approved model legislation for an additional CPA licensure path. The bachelor’s degree path, paired with two years of professional experience and passage of the CPA Exam, will become part of the model accounting law. Individual states will need to enact legislation and/or adopt rules and regulations, depending on the jurisdiction, before candidates can pursue this path.

The Florida Legislature has extended its 2025 Session until June 6, and the FICPA is watching for any continued threats to the profession.

This week, more than 1,000 FICPA members sent letters to their Florida House Representatives voicing their strong opposition to the deregulation of the profession. Though the language has passed the House, Friday was neither the final vote nor the end of this process.

On Tuesday morning, a proposed committee substitute for HB 991 – Community and Economic Development by Rep. Giallombardo passed the House Commerce Committee. This bill – which is the next step on the path to total CPA deregulation – is now ready to be heard by the full Florida House, and we need you to contact your state representatives now.

This week HB 1461 was heard in its second committee, the House State Administration Budget Subcommittee. Once again, FICPA President & CEO Shelly Weir spoke in committee to provide information on the bill highlighting the FICPA’s position and explaining the unintended consequences the bill would have on the CPA profession.

On Monday evening, the Florida House of Representatives filed a substantial committee amendment to House Bill 1461 – Department of Business and Professional Regulation that could significantly reshape the state’s approach to occupational and professional licensure.

We're already halfway through Florida's 2025 Legislative Session, and FICPA Governmental Affairs Team is here to update you on the progress of our FICPA priorities to date and to offer a overview of what to expect in the final 30 days.