Featured News
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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.
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IRS: Expect delays in employer credit advance payments
Expect delays in employer credit advance payments until late January, the IRS recently advised.
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Gov. Evers directs DOR to revise tax tables
Wisconsinites will reportedly see more money from their paychecks after Gov. Tony Evers told the Wisconsin Department of Revenue (DOR) to revise the withholding tax tables.
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2022 tax season starts Jan. 24
The IRS will begin accepting and processing tax returns on Jan. 24, starting the 2022 tax season.
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IRS updates 2020 recovery rebate credit FAQs
The IRS has updated its FAQs on the 2020 recovery rebate credit, adding changes to questions 4, 8, 9 and 10.
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State tax burden up despite generally steady rates
Wisconsinites saw an increase in taxes paid as a percentage of personal income in 2021 as a surge in economic activity grew collections faster than income rose, a new report finds.