Featured News
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FASB streamlines accounting for share-based payments to nonemployees
Financial reporting for share-based payments issued to nonemployees for goods or service will be simplified according to an Accounting Standards Update (ASU) issued by the Financial Accounting Standards Board (FASB).
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Tax reform rewards companies that shift profits overseas
The corporate tax cut enacted in the Tax Cuts and Jobs Act (TCJA) could make the practice of U.S. companies moving profits overseas more rewarding instead of discouraging.
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As blockchain grows, fears of a patent war surface
Companies are exploring ways to avoid a patent war as blockchain patents increase.
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IRS issues draft of 2019 Form W-4
The IRS has released a draft of the 2019 Form W-4, Employee’s Withholding Allowance Certificate, and its instructions.
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Five Wisconsin top CPA Exam scorers receive 2017 Sells Award
Five Wisconsin residents are among 58 CPA Exam candidates recently awarded the AICPA 2017 Elijah Watt Sells Award for earning the highest cumulative scores on the rigorous four-part CPA Examination.
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Companies are changing the way they sell goods and services
Some finance officers are changing the way they do business to comply with the new Financial Accounting Standards Board (FASB) revenue-recognition guidelines.
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IRS guidance on new pass-through deduction to be issued soon
The IRS will issue guidance on new Internal Revenue Code section 199A soon, according to Acting IRS Commissioner David Kautter.
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WICPA Member Kudos
Highlighted WICPA members and organizations with WICPA members who deserve kudos for their recent accomplishments.
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How to implement the new lease accounting standard
The countdown to the effective date for the FASB’s ASC 842 has begun. Changes in lease accounting will impact the operations of almost every organization, regardless of size, industry or geography.
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Child tax credit now higher, more widely available
The Tax Cuts and Jobs Act (TCJA) brings good news regarding the child tax credit.