Featured News

PCAOB inspections in 2021 will focus on the effects of the coronavirus pandemic on companies’ financial reporting while also becoming less predictable, according to newly published resources.

New guidance from Treasury and the IRS includes a temporary 100% deduction for business meal expenses from Jan. 1, 2021, to Dec. 31, 2022.

The IRS has issued guidance for employers claiming the employee retention credit (ERC) under the CARES Act, modified by the Taxpayer Certainty and Disaster Tax Relief Act of 2020.

An estimated 9,300 small businesses across Wisconsin will receive a $5,000 grant through Gov. Evers’ We’re All In program.

The DOR is extending its customer service call center hours from 7:45 a.m. to 5:45 p.m. on Tuesdays and Thursdays.

The WICPA has joined a coalition of state CPA societies and the AICPA to advocate for tax filing and payment extensions for all taxpayers and small businesses.

In a new report, the GAO urges Congress for more timely and responsive yearly federal guidance to single audit practitioners.

The IRS intends to automatically issue unemployment refunds starting in May and continuing through the summer.

The IRS recently issued new FAQs that explain how students and higher education institutions should report pandemic-related emergency financial aid grants.

New FAQs published by the DOR provide more information about Wisconsin’s extended due dates for tax returns and payments.