Featured News
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AICPA recommends changes to IRS Priority Guidance Plan
The AICPA recommended 183 changes to the IRS’s 2025–2026 Priority Guidance Plan and encouraged the agency to continue to pursue tax simplification.
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Fed leaves interest rates unchanged
The Federal Reserve on Wednesday, June 18, kept interest rates steady amid expectations of higher inflation and lower economic growth ahead.
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Personal income growth jumped nearly 5% in Wisconsin, DOR report reveals
Personal income in Wisconsin increased 4.9% in 2024 and is projected to grow more than 4% annually over the forecast horizon, according to the Wisconsin Department of Revenue’s (DOR) May 2025 Economic Forecast Update.
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AICPA proposes controls framework for stablecoin issuers
The AICPA’s Assurance Services Executive Committee (ASEC) has issued an exposure draft featuring a framework of controls to support stablecoin issuers.
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Survey: Finance leaders value Excel expertise over AI skills
A recent survey found that finance leaders still value advanced Excel knowledge over AI aptitude when building their finance teams.
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IRS updates automatic accounting method changes list
The IRS has provided a list of changes in tax accounting methods to which the automatic change procedures in Rev. Proc. 2015-13 apply.
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AICPA taps WICPA for key input in PTET SALT deduction press release
The AICPA asked WICPA President & CEO Tammy Hofstede to provide local input for a national press release that opposes a significant aspect of a budget bill heading to the Senate.
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IRS releases fiscal year 2024 Data Book
The IRS recently issued its annual Data Book detailing the agency's activities during fiscal year 2024.
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PEEC exposure draft seeks to clarify requirements for SSAE engagements
The AICPA Professional Ethics Executive Committee (PEEC) has released an exposure draft of proposed revisions to the AICPA Code of Professional Conduct.
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DOR: Wisconsin retailers must calculate sales tax on credit card fees
The Wisconsin Department of Revenue (DOR) is reminding retailers to calculate the sales tax on credit card fees charged to consumers.