Featured News
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AICPA proposes new form to simplify AAR process
The AICPA has submitted recommendations to simplify and improve the administrative adjustment request (AAR) process under the centralized partnership audit regime (CPAR).
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Writing clearer, more concise emails
Making sure your emails to new clients or colleagues are clear and descriptive can help build trust and save time.
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Relieving stress at work
Stress is an everyday part of life, but how we choose to respond to it can make a significant difference in our mental and physical health.
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FASB proposes discount rate relief for nonpublic lessees
FASB has proposed changes to discount rate guidance for lessees that are nonpublic business entities, with the objective of reducing the costs of implementing the board’s new lease accounting guidance.
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IRS resumes normal operations
The IRS has resumed most compliance operations after it suspended them due to the COVID-19 pandemic, the agency reported June 14.
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Why young accounting pros forgo CPA credential
Young accounting professionals who do not pursue CPA licensure cite a lack of time and professional need to do so, according to a new report from the Illinois CPA Society.
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DOR reminds Wisconsin municipalities of ARPA deadline
About 1,200 Wisconsin municipalities are eligible to receive recovery funding through the American Rescue Plan Act (ARPA) and need to file by the June 18 deadline.
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Online sign-up now available for advance child tax credit payments
A new IRS webpage allows taxpayers who are not required to file a 2019 or 2020 individual income tax return to sign up to receive advance child tax credit (advance CTC) payments.
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IRS posts ARPA credit FAQs
The IRS recently posted two new, separate sets of FAQs to assist families and small and mid-sized employers in claiming credits under the American Rescue Plan Act (ARPA).
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Addressing loneliness among employees
In response to rising rates of loneliness among individuals during the pandemic, companies are prioritizing the well-being of their workers as they develop the next steps moving forward.