Featured News
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IRS to issue prepaid EIP debit cards
Treasury will send 4 million economic impact payments via prepaid debit cards to taxpayers without bank account information on file.
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More IRS phone reps to answer EIP questions
The IRS is adding 3,500 telephone representatives to answer some of the most common questions related to taxpayers’ stimulus checks.
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Proposed guidance on TCJA fines, penalties
The IRS has proposed new regulations under TCJA that provide guidance to taxpayers and governments with respect to fines, penalties and certain other amounts.
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State $75M initiative to help reopen small businesses
Gov. Evers has announced a new $75 million initiative to help small businesses get back on their feet as the state begins to reopen.
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SBA releases PPP forgiveness form
The U.S. Small Business Administration has released an application form for Paycheck Protection Program loan forgiveness.
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DWD addresses return-to-work concerns
The Wisconsin Department of Workforce Development is addressing concerns from employers and employees about how to safely return to the workplace.
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SBA allows increased PPP loans to partnerships
The U.S. Small Business Administration has issued a new interim final rule that allows lenders to increase existing Paycheck Protection Program loans to partnerships.
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Deferring ASB reporting standards
Due to the pandemic, the AICPA Auditing Standards Board deferred the effective dates of its recently issued Statements on Auditing Standards addressing auditor reports.
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Safely reopening a top concern for business owners
How to reopen safely and keep from running out of money are the top concerns of business leaders and executives, according to a new survey.
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Safe harbor for PPP loans under $2M
Treasury provided new guidance on May 13 for Paycheck Protection Program (PPP) loans, with officials saying loans of less than $2 million won’t face heightened scrutiny.