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On July 10, Gov. Tony Evers signed Senate Bill 54. The new law promotes transparency and accountability between business sellers and purchasers, while enhancing protections for both.

As the IRS continues to find ways to reduce identity theft, the agency has issued final regulations that permit employers to use truncated taxpayer identification numbers on Forms W-2.

The Supreme Court will rule on whether pension beneficiaries can sue a retirement plan that lost money in its investments, even though the plan itself later restored its fully funded status.

The IRS is warning taxpayers of two new tax-related scams. While these types of scams escalate during tax season, the scammers don’t just fade away. They think up new scams all year.

Most scholarships and fellowship grants are nontaxable as long as they’re used for qualified expenses such as required tuition, fees, books, supplies and equipment. But there are exceptions.

Many repetitive and manual activities in an organization's finance department could be streamlined by robotic process automation (RPA).

Artificial intelligence (AI), robotic process automation (RPA) and blockchain may be useful in identifying fraud. But they also may enable potential fraudsters to up their games.

Taxpayers can recover fees and costs from the government if the IRS has taken an unreasonable position during audit, on appeal, in connection with a refund claim or collection matter, or as related to a summons.

Summer is here, and with it comes family vacation time. Should you take your job with you or leave it at the office?

Last Friday, GASB proposed new guidance that would clarify the accounting and financial reporting of Internal Revenue Code Sec. 457, deferred compensation plans.