Latest News

FICPA President & CEO Shelly Weir on Monday submitted a letter to the Director of the Department of the Treasury's Financial Crimes Enforcement Network (FinCEN), Andrea Gacki, requesting that FinCEN provide filing relief to those impacted by Hurricane Debby in Florida.

The Florida Department of Revenue (DOR) has announced that it will follow the tax relief granted by the Internal Revenue Service (IRS)​​ for taxpayers impacted by Hurricane Debby.

Hurricane Debby on Monday made landfall as a Category 1 hurricane near the city of Steinhatchee in Florida's Big Bend region. The Steinhatchee River near Cross City rose nearly 8 feet as Debby came ashore, and state officials said residents in the area could expect continuing heavy flooding into the next week. The FICPA would like to extend its heartfelt sympathies to the individuals, families and businesses impacted by this storm.

The Internal Revenue Service announced today tax relief for individuals and businesses in Florida that were affected by severe storms and flooding that began on Aug. 1, 2024. These taxpayers now have until Feb. 3, 2025, to file various federal individual and business tax returns and make tax payments.

Yesterday, President Joseph R. Biden, Jr. declared that an emergency exists in the State of Florida and ordered Federal assistance to supplement State, tribal, and local response efforts due to the emergency conditions resulting from Tropical Storm Debby beginning on August 1, 2024, and continuing.

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

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.