Advocacy Update: 2022 Election recap and an IRS relief update
In this post-Election Day edition of Advocacy Update, we congratulate our three CPA Lawmakers on their re-election to the Florida Legislature, address IRS filing relief for the Nov. 15 not-for-profit deadline, and provide an updated document from disaster-relief expert Jerry Schreiber, accounting for all due dates impacted by Hurricane Ian.
Congratulations to Our CPA Lawmakers!
Congratulations to our CPA Lawmakers - Rep. Mike Caruso, Cyndi Stevenson, and Sen. Joe Gruters - on their re-election to the Florida Legislature!
These Lawmakers are the voice of the profession in Tallahassee and we're proud to call them FICPA members.
IRS Filing Relief Applies to Nov. 15 NFP Deadline
The IRS has extended until Feb. 15, 2023 various tax-filing and tax-payment deadlines for individuals and businesses impacted by Hurricane Ian. The deadline extension applies to taxpayers with homes or businesses located anywhere in the state of Florida.
The tax reporting and payment obligations qualifying for the Feb. 15, 2023 deadline include not-for-profit (NFP) organizations with 2021 calendar-year return extensions due to run out Nov. 15, 2022.
For more information about IRS filing relief as it applies to the NFP and other return deadlines, click the link below to access this in-depth guide by Gerard H. Schreiber Jr., CPA.