Featured News
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Answers to common accounting, auditing questions
The Center for Plain English Accounting recently answered some common accounting and auditing questions related to new FASB standards.
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Using the new Form 1099-NEC
The IRS has unveiled the new Form 1099-NEC that CFOs and their financial staff will use to report nonemployee compensation.
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WICPA president & CEO calls for federal relief
Tammy Hofstede, WICPA president & CEO, has joined the leadership of 27 other state societies to urge Congress to pass legislation that provides federal relief for state and local governments.
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GASB updates emergency toolbox
GASB has updated its emergency toolbox that addresses accounting and financial reporting issues during the ongoing COVID-19 pandemic.
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New tool automates PPP loan forgiveness process
A new tool from the AICPA automates the forgiveness process for small business owners who received funds from the Paycheck Protection Program.
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Fed opens Main Street program to nonprofits
The Federal Reserve recently opened its Main Street loan program to nonprofits, allowing certain education, health, social service and other groups to tap central bank funding.
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COVID-19 aid program for farmers reopens
The Wisconsin Department of Agriculture, Trade and Consumer Protection is reopening a coronavirus relief program for farmers with $9 million in funding remaining.
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Congress urged to act on PPP issues, other topics
The AICPA urged Congress to take action on Paycheck Protection Program issues and other topics as congressional leaders consider the next phase of COVID-19 relief legislation.
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Reporting employee COVID-19 sick leave
New IRS guidance explains how employers should report the amount of qualified sick and family leave wages paid to employees under the Families First Coronavirus Response Act.
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Filing protective claims ahead of ACA decision
A Q&A to help your firm decide whether or not to file protective claims in advance of the Supreme Court’s decision on the Patient Protection and Affordable Care Act.