Featured News
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IRS reminder: Special tax deduction helps give $600 to charity
The IRS is reminding taxpayers that a special tax provision will allow more Americans to deduct up to $600 in donations to qualifying charities on their 2021 federal income tax returns.
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DOR releases November 2021 tax bulletin, more publications
The Wisconsin Department of Revenue (DOR) recently published its tax bulletin for November 2021, which includes additional updates and reminders for tax practitioners.
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IRS increases 401(k) contribution limit to $20,500
The IRS recently increased the contribution limit for employees who participate in 401(k) retirement plans to $20,500 for 2022.
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FASB proposal would amend interim disclosure requirements
A new FASB proposal would change the rules for interim disclosures in financial statements.
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DOR to hold public hearing for proposed CR 21-085 tax rules
The DOR will hold a public hearing regarding proposed permanent rules related to income, franchise and excise tax provisions on Dec. 3.
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Staying alert amid rise in 'unprecedented' unemployment fraud
Employers need to stay alert for red flags following an unprecedented rise in fraudulent schemes, state agencies warn.
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Submissions open for 2021 Governor’s Financial Literacy Awards
Gov. Tony Evers' financial literacy council is now accepting nominations for its 2021 Governor’s Financial Literacy Awards.
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New survey tackles top issues for CPA firms in 2021
The 2021 PCPS survey reviews top issues for CPA firms and provides key insights on the top 10 results that may enhance the understanding of their concerns.
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Planning for obstacles CPAs face in consulting
While some challenges take time to overcome when CPAs grow their advisory practice, the right strategic planning can easily resolve many of them.
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DSPS: CPA licenses expire Dec. 14, renew now
The Wisconsin Department of Safety and Professional Services (DSPS) is reminding CPAs to renew their licenses before they expire on Dec. 14.