Featured News
-
IRS adds new guidance on child tax credit
The IRS has revised its answers to frequently asked questions on the child tax credit, adding a new set of six commonly asked filing season questions.
-
IRS accepting recommendations for priority guidance plan
The IRS is inviting the public to submit recommendations on tax issues for its priority guidance plan.
-
DOR releases April 2022 Wisconsin tax bulletin
The Wisconsin Department of Revenue (DOR) has released its state tax bulletin for April 2022, which outlines new tax laws, an enforcement report and litigation updates.
-
Upholding CPA standards on social media
For accounting professionals, balancing their professionalism with maintaining an online adds another layer of nuance to social media.
-
Helping clients achieve flexible spending in retirement
While financial advisors often use the 4% rule as a reference point for flexible spending throughout retirement, some experts now suggest dividing retirement into three periods.
-
AICPA endorses relief act for supply chain disruptions
The AICPA recently endorsed Congressional efforts to provide tax relief to businesses that were unable to maintain inventory during the pandemic, specifically the automotive industry.
-
IRS reminds tax-exempt organizations of May 16 deadline
The IRS is reminding tax-exempt organizations that many have a filing deadline on May 16.
-
FASB proposal would extend time for reference rate reform relief
A FASB proposal would extend by two years guidance related to reference rate reform relief and expand the definition of the secured overnight financing rate.
-
Accounting coalition provides DEI solutions in new report
A coalition of accounting organizations has released a new report that offers solutions to closing the diversity gap within the profession.
-
US economy grows moderately amid high inflation
The U.S. economy grew at a moderate pace in early spring as COVID-19 cases declined and high inflation rippled throughout the economy.