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Eligible taxpayers that file Florida corporate income/franchise tax returns with original due dates or extended due dates falling on or after Aug. 1, 2024, and before Feb. 18, 2025, will now have a due date of Feb. 18, 2025.
Affected taxpayers in South Carolina, North Carolina, Florida and Georgia now have until Feb. 3, 2025, to file various federal individual and business tax returns and make tax payments.
With Debby's impact still being assessed by state and federal agencies, rest assured the FICPA will advocate for the profession and submit any appropriate relief requests as needed.
President Biden on Saturday declared that an emergency exists in Florida and ordered federal assistance to supplement state, local and tribal response efforts to Tropical Storm Debby.
With July coming to an end and August on approach, Florida's primary election, a new school year and the start of the college football season are all on the horizon.
Election season is in full swing, and the FICPA Governmental Affairs Team is counting down the weeks to the Florida Primary Election on Aug. 20. Our next Capitol Connection: Election Edition Livestream is at 10 a.m. on Friday, July 19.
“It is truly an honor to lead this historic institution and to give back to my friends and colleagues across the state,” Duarte said. “The CPA profession is at inflection point, and I am proud to serve our membership at this unique and impactful moment."
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.
The IRS has granted tax relief for individuals and businesses in Florida that were affected by severe storms on May 10, 2024. Baker, Columbia, Gadsden, Hamilton, Jefferson, Lafayette, Leon, Liberty, Madison, Santa Rosa, Suwannee, Taylor, and Wakulla counties qualify.
Florida Gov. Ron DeSantis on Wednesday signed HB 5001 – General Appropriation Act, commonly referred to as the state budget, for fiscal year 2024-25.