Featured News
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Update on Wayfair impact
Last year, after the “Wayfair decision,” Wisconsin developed new standards for administering sales tax laws for out-of-state sellers. Some states have not yet implemented changes.
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Draft 2020 Form W-4 Released
The IRS released a draft of the extensively revised 2020 Form W-4, Employee’s Withholding Allowance Certificate and is accepting comments through June.
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Applying psychology to tech disruption
Introducing new technologies can cause significant disruption as employees navigate the learning curve. Keeping human nature in mind can be the key to smooth transitions.
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Material participation and passive activity losses
Business owners no longer have to always be in the office to meet one of the “material participation” tests the IRS requires in order to benefit from passive activity losses.
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Importance of a healthy workplace culture
Firm culture is becoming an important consideration to young professionals. Learn to recognize when culture is starting to slide and how you can get it back on track.
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Gig workforce struggles financially
The recession hasn’t ended for gig economy workers, who tend to struggle financially to a much greater extent than other workers, according to a recent Federal Reserve report.
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Raises slow for finance pros
An Association for Financial Professionals survey reported in early 2019 that 2018 salary increases for finance professionals were down—and CFOs fared the worst.
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Congress could change HSA rules
Several bills introduced in Congress could modify the federal tax code to allow for broader use of health savings accounts (HSAs).
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Key tips for auditors
A new Center for Audit Quality resource addresses some of the technology challenges facing auditors, audit committees and management.
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Simplifying accounting for income taxes
FASB proposes an Accounting Standards Update that would simplify the rules for accounting for income taxes, reducing cost and complexity.