Featured News
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IRS clarifies tax deductions for fraud victims
A new IRS memo provides more clarity for fraud victims regarding tax deductions for financial losses incurred from scams.
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IRS raises HSA contribution limits for 2026
The IRS has released its annual inflation-adjusted figures for health savings accounts (HSAs) for the upcoming year, reflecting modest increases due to a decrease in inflation.
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AICPA outlines its digital assets activities to SEC's crypto task force
In a comment letter to the SEC’s newly formed Crypto Task Force, the AICPA spelled out its initiatives in the digital assets space and offered to serve as an ongoing resource.
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IRS sees a 1.1% increase in filed tax returns this year
The final numbers from the IRS this tax season show an increase in almost every filing statistic category compared to 2024.
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DOR releases April 2025 Wisconsin Tax Bulletin
The latest state tax bulletin from the Wisconsin DOR outlines new income and franchise tax updates, sales and use tax updates, and reports on enforcement and litigation.
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Wisconsin Accounting Examining Board extends time limit to pass CPA Exam
The Accounting Examining Board revised ch. Accy 2 to extend the rolling period of credit to pass all sections of the Uniform CPA Examination from 18 months to 30 months.
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Maximizing the impact of clean energy tax credits
Clean energy tax credits represent an important opportunity for CPAs to deliver significant value to their clients navigating the evolving landscape of green energy financing.
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House proposes legislation to defund PCAOB
The House Financial Services Committee has released draft language for a measure that would defund the PCAOB and transfer its activities to the SEC.
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Law firms facing new competition from accounting heavyweights
Accounting firms looking to diversify their offerings to stand out from their competitors have a new target: law firms.
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New PCAOB videos aim to enhance audit quality control
The PCAOB has released a new group of staff presentation videos designed to help audit firms enhance their quality control system.