Featured News
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Guidance on auditing accounting estimates
The AICPA’s new proposed standard addresses one of the biggest challenges auditors face.
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ABLE accounts help disabled persons save
While the ABLE savings program allows special-needs individuals to contribute to a savings account without jeopardizing access to government assistance, few seem to use it.
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Warning: New IRS impersonation email scam
Unsolicited emails from IRS imposters have details pretending to be about the taxpayer’s refund, electronic return or tax account and link to an IRS.gov-like website.
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How to prepare for the new audit EBP standard
In July, the AICPA issued a new statement on auditing standards (SAS) for employee benefit plan (EBP) audits.
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Firms are hiring more nonaccounting grads
An AICPA survey suggests that accounting firms are hiring nonaccounting grads in increasing numbers.
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Wisconsin holds withholding rates for 2019, 2020
While the individual income tax rates for taxable years 2019 and 2020 will be reduced, the current withholding tax rates for these years will remain the same.
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How to prepare to be CFO
It’s likely that a lot of CFO posts will open up in the next two years. What should you do now to make sure you’re ready for the job?
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IRS waives tax penalties for some 2018 tax filers
The Internal Revenue Service is automatically waiving the estimated tax penalty for eligible taxpayers who filed their 2018 federal income tax returns but didn't claim the waiver.
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Tax rate reconciliation and income tax provision disclosure
Understand tax planning tools that affect not only tax dollars paid in various periods but also the tax disclosures on the financial statements.
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Digital assets and estate planning
A well-drafted estate plan should address the management and distribution of digital assets, but access rights and privacy laws can make that difficult.