Featured News
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DOR extends call center hours through April 15
The DOR is extending its customer service call center hours from 7:45 a.m. to 5:45 p.m. on Tuesdays and Thursdays.
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WICPA joins coalition advocating for tax filing, payment extensions for all
The WICPA has joined a coalition of state CPA societies and the AICPA to advocate for tax filing and payment extensions for all taxpayers and small businesses.
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GAO: Guidance for single audits should be more timely
In a new report, the GAO urges Congress for more timely and responsive yearly federal guidance to single audit practitioners.
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IRS to issue unemployment refunds starting in May
The IRS intends to automatically issue unemployment refunds starting in May and continuing through the summer.
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Emergency financial aid to students not taxable
The IRS recently issued new FAQs that explain how students and higher education institutions should report pandemic-related emergency financial aid grants.
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DOR releases 2020 Wisconsin tax return FAQs
New FAQs published by the DOR provide more information about Wisconsin’s extended due dates for tax returns and payments.
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New goodwill triggering relief for private companies, not-for-profits
FASB has issued a standard that provides an alternative to goodwill impairment triggering event evaluations for private companies and not-for-profits.
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Future workforce to be more flexible, survey says
Job seekers are becoming more open to opportunities outside their current roles, indicating a future workforce that is more skilled and more apt to transition into new industries.
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Biden signs PPP deadline extension into law
The Paycheck Protection Program (PPP) application deadline formally changed from March 31 to May 31 when President Biden signed the extension into law on Tuesday, March 30.
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IRS extends more tax deadlines for individuals to May 17
Individuals have until May 17 to meet certain deadlines that would normally fall on April 15, the IRS announced March 29.