Featured News
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IRS establishes new unit to boost pass-through tax compliance
The IRS is establishing a new work unit within its Large Business and International division to enhance tax compliance at large partnerships and other pass-through entities.
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Report: People-centric leadership can improve resilience
A new global survey finds more employees want a better total rewards package and continued work flexibility, two areas that are generally not a high priority for leaders.
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New guide to help small businesses with BOI reporting
Treasury's Financial Crimes Enforcement Network (FinCEN) has published a guide to help small businesses navigate the new rules for reporting beneficial ownership information (BOI).
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PCAOB proposes wider liability for auditors
The PCAOB has proposed expanding liability for individual auditors and certain accounting firms when they contribute to violations by the primary firms handling an audit.
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Fed pauses interest rate hikes — for now
The Federal Reserve is pausing its extended campaign against inflation, holding its benchmark interest rate steady and giving borrowers a breather after 11 hikes since March 2022.
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IRS seeks feedback on proposed changes to research credit
The IRS is seeking feedback on its preview of proposed changes to certain sections of Form 6765, Credit for Increasing Research Activities.
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PEEC approves changes to Code of Conduct
The AICPA Professional Ethics Executive Committee (PEEC) approved changes to the Code of Professional Conduct related to attest client fees and ethical responsibilities for testing.
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Survey: Optimism on the rise among large-company CFOs
Fifty-seven percent of North American CFOs rate current economic conditions as good or very good — up from 34% last quarter — according to a new third-quarter survey.
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Increasing ROI with an intentional company culture
The culture-building process should be intentional if you want your practice’s culture to positively contribute to your return on investment and bottom line.
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DOR releases August 2023 Economic Forecast Update
The Wisconsin Department of Revenue’s (DOR’s) latest economic forecast update delays the expected period of slow growth to start by mid-2024.