Featured News
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IRS moves to end ‘shell game’ of basis-shifting transactions
The IRS said it will propose new regulations and release a revenue ruling to challenge the use of basis-shifting transactions by complex partnerships.
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Report: In-person jobs paying 40% more than last year
New data shows that salaries for in-person roles are growing as employers try to compete with hybrid and remote offerings.
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IRS extends limited estimated corporate AMT waiver
The IRS issued a notice extending earlier relief for a corporation’s failure to pay part of the estimated income tax attributable to the revised corporate alternative minimum tax.
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US small business sentiment up in May, survey finds
U.S. small-business confidence and hiring plans increased in May to their highest levels of the year, a survey showed on Tuesday, June 11.
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WICPA member wins Elijah Watt Sells Award
The AICPA recently announced the 40 winners of the 2023 Elijah Watt Sells Award, including a WICPA member from Milwaukee.
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WICPA announces 2024 scholarship recipients
The WICPA Educational Foundation recently awarded $2,500 in scholarships to 14 accounting students in Wisconsin.
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PEEC releases exposure drafts on recruiting, tax services
The AICPA Professional Ethics Executive Committee (PEEC) has released exposure drafts on recruiting and tax services for attest clients.
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AICPA updates practice aid on auditing digital assets
The AICPA recently issued an updated practice aid on auditing the valuation of digital assets like cryptocurrency.
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Survey: Few CFOs control cybersecurity budgets
A recent survey finds that tech executives, not CFOs, call the shots on cybersecurity spending at middle-market companies.
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Great Resignation workers less satisfied than before, survey finds
According to a new survey by The Conference Board, workers who quit their job during the Great Resignation are significantly less satisfied than their colleagues who stayed.