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In a tradition stretching back more than three decades, the Florida Institute of Certified PublicAccountants (FICPA) held its annual liaison meeting with the states Department of Revenue (DOR). A 2-year delay of the imposition of natural gas fuel taxes that would otherwise go into effect on January 1, 2026.
Compliance requirements for SB 253 are as follows: Beginning in 2026 (for reporting year 2025), reporting entities are required to annually report their Scope 1 and Scope 2 greenhouse gas emissions. Since TowerBrook’s investment into EisnerAmper, the first in the publicaccounting sector, other private equity firms have followed suit.
Keep in mind that estimated quarterly tax payments for business owners (including sole proprietors) are due January 15 (4Q 2024), April 15 (1Q 2025), June 16 (2Q 2025), September 15, 2025 (3Q 2025) and January 15, 2026 (4Q 2025). The IRS has a tool to look up information for your area. Check out IRS.gov/TCE for more information.
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