Featured News
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DOR surpasses $82M auditor revenue goal
The Wisconsin Department of Revenue surpassed its Act 55 goal of generating $82 million in additional audit collections for the 2019 fiscal year.
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IRS launches new income tax withholding tool
A new online assistant designed by the IRS can help employers determine the right amount of federal income tax to withhold from their workers’ pay.
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Medicaid program costs projected to exceed budget
Costs for the state’s Medicaid program are projected to exceed the general purpose revenue budget by $39.8 million over the next two years.
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Women need to start estate planning sooner
Women aren’t starting their estate planning soon enough, according to a 2019 Trusts & Estates survey.
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Wage statements, contractor forms due Jan. 31
The filing deadline for wage statements and independent contractor forms is Friday, Jan. 31.
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Tech solution providers as a strategic resource
Accounting firms can benefit from their technology service providers’ strategic resource of knowledge and experience.
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New FASB standard would simplify accounting for income taxes
A new FASB standard is intended to simplify accounting for income taxes and improve financial statement preparers’ application of income tax-related guidance.
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Areas of focus for PCAOB’s 2020 firm inspections
The PCAOB’s inspections of audit firms in 2020 will focus on quality control, auditor independence, implementation of new standards and more.
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SECURE Act approved to strengthen U.S. retirement security
The SECURE Act, signed into law by the president Dec. 20, 2019, puts in place numerous provisions intended to strengthen retirement security across the country.
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Advancing women in the accounting profession
With more women than men now entering the accounting profession, changes must be made to improve their upward mobility of leadership.