News & Updates
Stay up‑to‑date with the latest regulatory news from Florida agencies.
IRS Retirement Plan Correction Update Took Effect October 22, 2026, IRA Program Opens May 1, 2027
Treasury and the IRS issued Rev. Proc. 2026-34 on October 22, 2026, updating the Employee Plans Compliance Resolution System that day. Rev. Proc. 2026-33 creates an IRA correction program that will take effect May 1, 2027, with comments on both due January 20, 2027.
Learn moreIRS Final Rule on Credit and Debit Card Tax Payment Fees Took Effect October 19, 2026
IRS final regulations in T.D. 10060 took effect October 19, 2026. The rule lets the IRS pay card processing fees under its contracts if it recovers the full cost from taxpayers paying federal taxes by credit or debit card.
Learn moreFinCEN Final Rule Effective August 14, 2026 Keeps U.S. Companies and Owners Out of BOI Reporting
FinCEN's final rule, effective August 14, 2026, made permanent the 2025 interim rule that removed U.S. companies from beneficial ownership reporting. It also exempted U.S. company applicants and ended update duties for U.S. persons with a FinCEN ID.
Learn moreFTC Issues Ruling to Ban Noncompete Agreements Nationwide
The FTC has banned non-compete agreements in the U.S. labor market, effective April 23, 2024. The FTC expects the rule to boost competition and worker mobility, impacting all employment contracts except certain executives. Businesses must comply immediately and revise contracts.
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