Featured News
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Procedures issued for employee status determinations
The IRS has issued procedural guidance regarding its determinations that classify a worker as an employee rather than an independent contractor.
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IRS reminds employers of Jan. 31 wage statement deadline
The IRS is urging employers to recognize the Jan. 31 deadline to file Forms W-2 and other wage statements.
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Making small changes to improve your workday
Rather than undertaking large changes all at once in the workplace, researchers suggest making small adjustments that are easy to accomplish.
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Diversity continues to rise among C-suite execs, survey finds
The number of female CFOs and CEOs at large U.S. companies is at an all-time high, according to a new report.
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BBB warns of ‘friendly favor’ gift card scam
In a new scheme to steal money, scammers are posing as online friends in need of a favor, the Better Business Bureau (BBB) warns in a new scam alert.
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FAQs address calculation, reconciliation of recovery rebate credit
The IRS issued FAQs intended to help taxpayers and their preparers calculate the recovery rebate credit for 2021 returns.
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Updated FAQs address child tax credit, advance payments
The IRS updated its extensive FAQs for the 2021 child tax credit and advance child tax credit to help eligible families properly claim the credit when preparing and filing their returns.
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DOR extends call center hours for tax season
The Wisconsin Department of Revenue (DOR) is extending its hours during the busy tax season.
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Supreme Court blocks Biden vaccine policy for businesses
The U.S. Supreme Court on Jan. 13 blocked President Joe Biden’s pandemic-related vaccination-or-testing mandate for large businesses with 100 employees or more.
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AICPA asks IRS to do more for taxpayer relief
AICPA President and CEO Barry Melancon sent a message to the IRS and Treasury on Jan. 10 urging them to do more for taxpayer relief this season.