Featured News
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BMO Harris sells and leases more Wisconsin branches
BMO Harris sold and leased back 10 more of its branch locations across Wisconsin.
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Taxpayer First Act to improve IRS interactions
The new Taxpayer First Act is an attempt to make the IRS more taxpayer-friendly in terms of enforcement, appeals and customer service.
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FASB votes to delay three key effective dates
The Financial Accounting Standards Board (FASB) voted unanimously to delay the effective dates for three key standards.
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Strategies for overcoming that overwhelming feeling
Feeling overwhelmed at work? Here are some strategies to deal with the dread.
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Is the future supply of accounting graduates in jeopardy?
Despite optimistic projections of CPA graduation rates, students may have changed their perception of the profession.
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New virtual currency question on form 1040
A new question on the 2019 Form 1040, Schedule 1, gauges your financial interest in virtual currency.
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Social Security benefits to increase 1.6% in 2020
Nearly 69 million Americans will see a 1.6% increase in their Social Security benefits in 2020.
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Federal regulatory agencies approve changes to ‘Volcker rule’
The Federal Reserve and other regulatory agencies give final approval to banking “Volcker rule” changes.
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New IRS guidance on virtual currency taxation
The IRS has issued new guidance regarding the tax treatment of virtual currency such as cryptocurrency.
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New draft versions of Forms 1065, 1120-S and K-1
New draft versions of Forms 1065, 1120-S and respective K-1 schedules aim to improve the quality of information reported to the IRS.