Featured News
-
Answers to PPP lender accounting questions
The AICPA discusses a range of lender accounting issues related to the Paycheck Protection Program in new Technical Questions and Answers posted online.
-
WEDC shares COVID-19 impact report
A new report by the Wisconsin Economic Development Corp. outlines a plan to help the state recover from the economic impacts of the COVID-19 pandemic.
-
Tracking down cryptocurrency
Forensic accountants are combining old-fashioned sleuthing techniques with complex blockchain investigations as criminals increasingly turn to cryptocurrencies to launder the proceeds of fraud.
-
Senate approves 5-week PPP extension
The U.S. Senate unanimously passed a five-week extension of the Paycheck Protection Program on Tuesday, June 30.
-
DPI revises financial literacy standards
The Wisconsin Department of Public Instruction has revised its standards for promoting financial literacy among its students.
-
IRS to keep July 15 filing deadline
Treasury and the IRS have announced that they will not postpone the July 15 tax filing and payment deadline.
-
PPP guidance on maturity dates, loan amounts
Recently issued Paycheck Protection Program guidance addresses PPP loan maturity dates for all borrowers as well as maximum loan amounts for certain self-employed individuals.
-
Rollover relief for required minimum distributions
Under new IRS guidance, taxpayers who already took an RMD in 2020 from certain retirement accounts now have the opportunity to roll those funds back into a retirement account.
-
Demand for CPAs rises
Accountants are the sixth most in-demand job on LinkedIn, according to new data, and they top the list of jobs with the fastest-growing demand.
-
GASB addresses deferred compensation plans
GASB issued a new standard that helps reduce costs and increase the consistency and comparability of reporting on state and local governments’ fiduciary component units.