Featured News

Wisconsin’s budget committee voted Feb. 10 to ensure state businesses are not taxed on their PPP loans, saving those companies millions of dollars through mid-2023.

The U.S. Small Business Administration has announced changes designed to reduce delays in the PPP approval process.

The IRS is warning tax professionals of a new scam email that impersonates the IRS and attempts to steal EFINs.

A new IRS form is available for self-employed individuals to claim sick and family leave tax credits under the Families First Coronavirus Response Act.

The AICPA Auditing Standards Board recently issued an exposure draft that introduces a new approach to quality management.

The WICPA applauds lawmakers for moving forward a bill that ensures businesses can deduct expenses paid for with revenue from the federal Paycheck Protection Program.

Eligible educators can now deduct unreimbursed expenses for COVID-19 protective items to stop the spread of the coronavirus in the classroom.

The number of PPP loans to U.S. small businesses more than doubled in the third week of the latest round of pandemic relief aid, according to new SBA data.

The AICPA is urging the U.S. Small Business Administration to address problems small businesses face when trying to apply for PPP forgivable loans.

The SBA recently issued a FAQs document that provides guidance for the shuttered venue operators grant program.