Featured News
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Submissions open for 2021 Governor’s Financial Literacy Awards
Gov. Tony Evers' financial literacy council is now accepting nominations for its 2021 Governor’s Financial Literacy Awards.
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New survey tackles top issues for CPA firms in 2021
The 2021 PCPS survey reviews top issues for CPA firms and provides key insights on the top 10 results that may enhance the understanding of their concerns.
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Planning for obstacles CPAs face in consulting
While some challenges take time to overcome when CPAs grow their advisory practice, the right strategic planning can easily resolve many of them.
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DSPS: CPA licenses expire Dec. 14, renew now
The Wisconsin Department of Safety and Professional Services (DSPS) is reminding CPAs to renew their licenses before they expire on Dec. 14.
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FASB issues new private company practical expedient
The FASB recently issued a new standard to improve an area of financial reporting for nonpublic business entities that issue equity-classified share-based awards.
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Spotting a fake IRS letter
With fake IRS letters now in circulation with real ones, it is a good time to remind clients how to spot the fraudulent letters right away.
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IRS issues guidance for LLCs seeking tax-exempt recognition
The IRS has issued new guidance to clarify the standards that an LLC must satisfy to receive a determination letter recognizing it as tax-exempt.
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Employees and independent contractors: What clients should know
Helping clients understand the difference between employees and independent contractors can have a substantial impact on their bottom line.
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DOR seeks VITA and TCE volunteers for 2022 filing season
The DOR is seeking volunteers to help with the state’s Volunteer Income Tax Assistance (VITA) and Tax Counseling for the Elderly (TCE) programs for the 2022 filing season.
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IRS reminder to renew your PTIN
The IRS reminds federal tax return preparers to renew their preparer tax identification numbers (PTINs) now for 2022.