The Wisconsin Department of Revenue (DOR) has released its state tax bulletin for January 2022.
The bulletin outlines new unclaimed property laws and addresses several income and franchise tax updates.
Wisconsin law provides an exclusion from income for grants issued to businesses with federal COVID-19 funds. The DOR report identifies which state grant programs qualify for the exclusion.
The DOR bulletin also highlights the new Wisconsin Identity Protection PIN program to deter fraudsters. See the tax bulletin.