Featured News
-
DOR: New Wisconsin tax laws affect 2020 state tax returns
The DOR has provided guidance on new Wisconsin tax laws that will affect 2020 state tax returns.
-
With all EIPs issued, IRS focuses on filing season
With all first- and second-round EIPs issued, the IRS will now turn its full attention to the 2021 filing season.
-
Gov. Evers signs PPP bill cutting taxes for businesses
Gov. Tony Evers has signed into law a bill that makes PPP loans tax-deductible under Wisconsin’s tax code, saving businesses millions of dollars.
-
SEC official calls for clear cryptocurrency rules
An SEC official recently called for clear cryptocurrency regulations to remove the uncertainty regarding the status of digital assets in the U.S.
-
State legislature approves PPP bill with bipartisan support
Both houses of the state legislature have approved a bill that ensures businesses are not taxed on their PPP loans.
-
Launching new virtual initiatives
Although the COVID-19 pandemic is still far from over, CPA firms can use what they have learned from 2020 to successfully launch new initiatives virtually.
-
More tax pros see future in advisory
Most tax professionals (95%) believe their clients want business advisory services, a new study finds.
-
Survey: Illegitimate expenses increase amid pandemic
A new survey shows that 40% of employees have, or know a colleague who has, purchased a personal item, service or good that was outside of company policy.
-
FASB tweaks goodwill accounting rules for private companies, nonprofits
FASB approved an accounting alternative that allows private companies and not-for-profits the option to perform goodwill impairment triggering event assessments at the reporting date any time they report financial information.
-
Preparing for new cybercrime threats
To protect their practice and clients, CPA firms are preparing for new cybercrime threats in 2021.