Featured News
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Tax Court rules on divorced taxpayer’s IRA withdrawal
A divorced taxpayer was recently charged for withholding paid taxes on IRA withdrawals as a result of his divorce settlement, amplifying the need to counsel clients facing divorce.
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Help clients maximize their tax benefits from charitable giving
Although donations are generally not motivated by tax savings, taxpayers can still maximize their tax benefits with some strategic planning.
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U.S. to enforce “travel rule” in cryptocurrencies
The U.S. government will strictly enforce a rule that requires cryptocurrency firms to share information about their customers.
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What to do about employee fraud
Employee fraud can result in losses topping $1 million. Mitigate the risk of employee fraud by learning more about it.
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New FASB guidance to ease in reference rate transition
Companies may have an easier time transitioning from interbank-offered rates to new reference rates as a result of temporary, optional accounting guidance approved by FASB.
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Wisconsin no longer a top state of higher taxes
The amount of taxes Wisconsinites pay relative to their income has dropped 2.1% over the past two decades, according to a new report.
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Nominations now accepted for Most Powerful Women in Accounting Awards
The AICPA and CPA Practice Advisor are now accepting nominations for the 2020 Most Powerful Women in Accounting Awards.
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DOR announces tax reductions under Acts 9 and 10
Updated information provided by the Wisconsin Department of Revenue reflects individual income tax rate reductions for tax year 2019.
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IRS provides tax year 2020 adjustments
The IRS recently announced its tax year 2020 annual inflation adjustments for more than 60 tax provisions.
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Call for nominations: Governor’s Financial Literacy Award
Nominations are now being accepted for the 2019 Governor’s Financial Literacy Awards, which recognize individuals and organizations for increasing financial literacy throughout Wisconsin.