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CPAs play an increasingly crucial role during tax season — not just by navigating tax filings and compliance but also by helping clients safeguard their financial data from cyber threats.

More than 61.5 million Americans have received their annual tax refunds from the IRS, with the average filer getting back about 4% more than they did last year.

A recent study of state taxpayers finds that Wisconsinites are the least likely to procrastinate on filing their taxes in 2025.

President Donald Trump recently signed an executive order calling on the federal government to phase out the use of paper checks and switch to electronic payments by Tuesday, Sept. 30.

The Associated Press recently reported that U.S. employers added a surprising 228,000 jobs last month as the American labor market continues to show resilience.

The FASB has released a staff educational paper to clarify the application of its revenue recognition standard, Topic 606, regarding retainage in construction contracts.

Excel’s AGGREGATE function supports 19 operations, ranging from basic sums and averages to more advanced calculations, such as product and standard deviation.

The IRS has sent more than 55.7 million refunds to taxpayers totaling nearly $179.5 billion thus far this tax season, an increase of 1.3% and 5.9%, respectively, from last year.

The IRS recently added five FAQs about the employee retention credit (ERC) that mainly address how to handle the pandemic-era credit on tax returns under various scenarios.

Preliminary employment estimates for February 2025 showed Wisconsin's seasonally adjusted unemployment rate remained unchanged at 3.2% over last month.