Featured News
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Featured: WICPA continues opposition to proposed PTET SALT deduction changes – Voice your concern today!
A new bill heading to the U.S. Senate would unfairly increase taxes for accountants, doctors, lawyers, nurses, dentists, and others.
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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.
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53 CPA societies back AICPA in PTET SALT deduction effort
A letter from the AICPA and 53 CPA societies, including the WICPA, criticizes the provision in the House-approved budget bill that would eliminate the SALT deduction for certain passthrough entities.
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US job openings saw unexpected rise to 7.4M in April
Employers increased job openings more than expected in April, while hiring and layoffs also both rose, indicating a relatively steady labor market.
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Simplified method to determine corporate AMT applicable status issued
Interim guidance from the IRS for the application of the corporate alternative minimum tax (AMT) offers an optional simplified method for determining applicable corporation status.
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Treasury seeks input on phase-out of federal paper checks
The Treasury Department is seeking public feedback on its planned elimination of most paper checks as part of a government-wide shift to electronic payments.
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Data report: Student interest in accounting shows marked improvement
Buoyed by a spike at two-year institutions, undergraduate enrollment in accounting programs is up 12% from the spring of 2024.
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Wisconsin’s state-chartered credit unions report solid Q1 financials
At the end of the first quarter of 2025, total assets for Wisconsin’s state-chartered credit unions rose to $67.6 billion.
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Unlocking the benefits of value pricing
The CPA Journal recently outlined a strategy for CPA firms to adopt value pricing, which focuses on bundling services based on perceived customer value rather than costs.
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IRS reduces user fee for estate tax closing letters
The IRS issued interim final and proposed regulations on Friday, May 16, lowering the user fee for the service to issue an estate tax closing letter from $67 to $56.