Featured News
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PCAOB issues specialist audit guidance
The Public Company Accounting Oversight Board (PCAOB) has issued new guidance for audit firms regarding the use of specialists in financial reporting and auditing.
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BOI penalties increase while reporting rules remain on hold
As legal challenges to the BOI reporting rules wind their way through the courts, inflation adjustments again increased the civil monetary penalties for violating those rules.
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Americans optimistic over economy, poll shows
A recent poll shows that Americans are increasingly optimistic about the U.S. economy, stock market and the likelihood of inflation and borrowing costs falling.
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FinCEN hints at BOI reporting changes in court filing
FinCEN said it will consider changes to the beneficial ownership information (BOI) requirements if a court grants the government request for a stay of a nationwide injunction in a Texas case.
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Survey: Job satisfaction on the rise
A new employee survey finds that job satisfaction is on the rise, with only 29% of professionals planning to look for a new job in the first six months of 2025, down from 35% in July 2024.
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DSPS announces new digital tool for licensed professionals
The Wisconsin Department of Safety and Professional Services (DSPS) now offers a new digital licensing tool for occupational license holders to carry their credentials wherever they go.
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AICPA supports Senate discussion draft to help taxpayers, preparers
The AICPA said it supports a Senate discussion draft released Thursday, Jan. 30, backing 13 of the 65 provisions designed to reduce burdens on taxpayers and tax preparers.
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DOR releases January 2025 tax bulletin
The Wisconsin Department of Revenue (DOR) has published its state tax bulletin for January 2025.
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TIGTA warns of new tax season text message scam
Scammers impersonating the IRS are texting taxpayers, leading them to believe they're going to receive an economic impact payment.
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Survey: Culture, tech key to accounting talent retention
A recent survey found that a supportive, tech-forward work culture can help retain younger entrants to the accounting profession.