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The U.S. Small Business Administration recently released guidance answering frequently asked questions regarding the forgiveness of Paycheck Protection Program loans.

The IRS is now requesting comments after proposing new rules on the tax treatment of carried interests.

The GASB is seeking participants for a field test of the standards it proposed in the Preliminary Views, Revenue and Expense Recognition, in June 2020.

The IRS has issued additional relief in satisfying the substantial rehabilitation test to lessen the burden on taxpayers claiming the rehabilitation credit during the COVID-19 pandemic.

Clients desperately trying to navigate the coronavirus pandemic need the assistance of accounting practices that can quickly pivot to provide services.

The IRS is now allowing taxpayers to fax duplicate copies of their automatic method change requests.

Executives are still learning important takeaways from the COVID-19 pandemic, says one risk management expert, and planning ahead for risks is crucial to their company’s success.

Many accounting firms are moving beyond traditional accounting and compliance services and offering more strategic offerings, according to a new survey.

The Wisconsin Department of Revenue is now offering limited in-person appointments at its Appleton, Eau Claire, Madison, Milwaukee and Wausau offices.

The IRS has issued a long-awaited package of guidance regarding the Sec. 163(j) limitation on business interest expense deductions.