Featured News
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Report: Wisconsin’s drop in tax rank among nation’s largest
Almost no state has seen a greater drop in its tax burden than Wisconsin over the past 20 years, according to a new report from the Wisconsin Policy Forum.
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Keeping clients on track to meet year-end deadlines
As the end of the year approaches, clients may not focus much on financial matters, but CPAs can help keep them on track to meet important deadlines.
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Federal appeals court blocks Biden’s vaccine mandate for employers
Responding to the Biden administration’s recent vaccine mandate for large employers, a federal appeals court has blocked the president’s executive order it considered too overreaching.
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IRS 2021 financial report now available
The IRS recently published its 2021 financial report, offering the public a comprehensive view of the agency’s financial activities and accomplishments.
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FASB declines to extend nonpublic lease accounting effective dates
Private companies and not-for-profits will not see further relief from the effective date of FASB’s new lease accounting standard, the board recently ruled.
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Encouraging innovation through performance management
Effective performance management can make the most of employee talents and tie individuals’ work more directly to strategic goals, according to new research.
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FAQ update on income change reporting for CTCs
The IRS earlier this week updated its FAQs addressing the child tax credit (CTC) and advance payments.
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IRS provides tax inflation adjustments for tax year 2022
The IRS has announced tax year 2022 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other changes.
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IRS clarifies tax treatment of COVID-19 homeowner relief payments
The IRS recently gave an optional safe harbor to homeowners who receive or benefit from the federal Homeowner Assistance Fund.
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Last call for 2022 WICPA Excellence Awards nominations
Nominate an influential individual or organization for a 2022 WICPA Excellence Award by the Nov. 10 deadline.