Featured News
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Gov. Evers signs PPP bill cutting taxes for businesses
Gov. Tony Evers has signed into law a bill that makes PPP loans tax-deductible under Wisconsin’s tax code, saving businesses millions of dollars.
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SEC official calls for clear cryptocurrency rules
An SEC official recently called for clear cryptocurrency regulations to remove the uncertainty regarding the status of digital assets in the U.S.
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State legislature approves PPP bill with bipartisan support
Both houses of the state legislature have approved a bill that ensures businesses are not taxed on their PPP loans.
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Launching new virtual initiatives
Although the COVID-19 pandemic is still far from over, CPA firms can use what they have learned from 2020 to successfully launch new initiatives virtually.
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More tax pros see future in advisory
Most tax professionals (95%) believe their clients want business advisory services, a new study finds.
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Survey: Illegitimate expenses increase amid pandemic
A new survey shows that 40% of employees have, or know a colleague who has, purchased a personal item, service or good that was outside of company policy.
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FASB tweaks goodwill accounting rules for private companies, nonprofits
FASB approved an accounting alternative that allows private companies and not-for-profits the option to perform goodwill impairment triggering event assessments at the reporting date any time they report financial information.
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Preparing for new cybercrime threats
To protect their practice and clients, CPA firms are preparing for new cybercrime threats in 2021.
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State budget committee approves tax cut for PPP loans
Wisconsin’s budget committee voted Feb. 10 to ensure state businesses are not taxed on their PPP loans, saving those companies millions of dollars through mid-2023.
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SBA announces PPP process changes
The U.S. Small Business Administration has announced changes designed to reduce delays in the PPP approval process.