Featured News
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ASB addresses auditing of fair value estimates of financial instruments
The AICPA Auditing Standards Board has proposed a standard that would provide more guidance on auditing management’s estimates of the fair value of financial instruments.
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Fitting ‘me time’ into a busy schedule
By setting aside time for themselves, professionals with busy work schedules can still relax, refresh and renew to prevent burnout.
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FASB issues minor codification changes
FASB recently issued a new standard that provides incremental improvements to its Accounting Standards Codification.
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Developing a strategic audit plan
Skillful communication and flexibility in strategy can help tax practitioners create a plan that leads to a high-quality audit.
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IRS expands resolution options for tax debt
To help those impacted by the COVID-19 pandemic, the IRS is expanding its taxpayers options for making payments and alternatives to resolve balances owed.
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IRS warns of new text scam
The IRS has issued a warning of a new text scam that tricks people into disclosing bank account information under the guise of receiving their economic impact payments.
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IRS guidance on deferred employee payroll tax
The IRS issued guidance for reporting the deferral of withholding, depositing and paying of certain payroll tax obligations.
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Gov. Evers invests $10M in state nonprofits
Gov. Evers is investing $10 million to provide economic stabilization for nonprofit organizations providing critical services across the state during the pandemic.
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Smaller businesses now eligible for Main Street loans
The Federal Reserve Board recently reduced the minimum loan amount on three of the five Main Street loan facilities from $250,000 to $100,000.
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IRS designates Nov. 10 as EIP Registration Day
The IRS is designating Tuesday, Nov. 10, as National EIP Registration Day to encourage those who don’t normally file a tax return to register for their stimulus payments.