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The FICPA Governmental Affairs Team this week was successful in advancing our retired-status bill through the Senate Governmental Oversight and Accountability and the House Regulatory Reform committees.

Several bills that are now moving forward could threaten CPA mobility. Our entire lobby team is fully engaged in educating legislators and staff and taking the necessary actions to protect the profession.

In compliance with Article XI, Section 6, of the FICPA Bylaws, be it known that a regular meeting of the FICPA Council will be held virtually on Tuesday, Feb. 20, at 3 p.m.

The FICPA would like to thank all its members who took time out of their busy schedules to travel to Tallahassee to participate in our CPA Day at the Captiol, a key event that will make a tremendous impact on our legislative priorities.

“The FICPA Leadership Academy identifies rising stars in our state and equips them with the leadership skills to take the next step in their promising careers,” FICPA President & CEO Shelly Weir said.

With Florida's 2024 Legislative Session underway, two FICPA priority bills have been filed in the House and Senate, as the Governmental Affairs team tracks nearly 300 pieces of legislation.

Shelly Weir and Chandu Nagarajan touch on the talent pipeline shortage and detail an innovative solution rooted in STEM education that pairs U.S. accounting firms with international accounting students.

The Internal Revenue Service announced new penalty relief for approximately 4.7 million individuals, businesses and tax-exempt organizations that were not sent automated collection reminder notices during the pandemic.

The Voluntary Disclosure Program runs through March 22, 2024, with the IRS adding provisions that allow repayment of 80% of the Employee Retention Credit claim received.

It’s been a busy year at the FICPA, but no matter what project or initiative we’re focused on, we never lose sight of the big picture: Supporting our members and promoting the profession.