Featured News
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PCAOB releases review of 2021 inspections
The PCAOB released findings on Aug. 31 regarding 2021 inspections and shared focus areas for 2022 inspections.
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AICPA recommends changes to Form 1040 crypto question
The AICPA has submitted comments to the IRS regarding the virtual currency question on the 2021 Form 1040 and instructions as well as draft 2022 Form 1040.
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AICPA proposes revisions to tax standards
The AICPA has released proposed revisions to the Statements on Standards for Tax Services for public comment.
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Wisconsin IRS Tax Practitioner Liaison Meeting postponed
The IRS is postponing its Wisconsin IRS Tax Practitioner Liaison Meeting to Wednesday, Sept. 14.
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SEC adopts pay-versus-performance disclosure rules
The SEC has adopted amendments that require specific disclosures about the relationship between a public company’s executive compensation and its financial performance.
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SEC releases draft of 5-year strategic plan
The SEC has released a draft of its five-year strategic plan, which aims to protect citizens, capital markets and its workforce.
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Diversity among CEOs, CFOs continues to rise
The percentage of women and racially or ethnically diverse CEOs and CFOs at large companies has nearly doubled over the past decade, according to a new report.
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IRS relieves penalties for 2019, 2020
To help struggling taxpayers affected by the COVID-19 pandemic, the IRS announced new penalty relief for those who filed certain 2019 or 2020 returns late.
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Having friends at work matters, new research finds
Over nine in 10 people said friendships at work impact their willingness to stay at a company, a new survey finds.
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FASB proposal aims to improve investment in tax credit structures
The FASB proposed an Accounting Standards Update to improve the accounting and disclosures for investments in tax credit structures.