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IRS officials are urging participants in abusive micro-captive insurance arrangements to exit the transactions as soon as possible.

The AICPA Auditing Standards Board (ASB) has extended the comment deadline on its quality management exposure draft to Aug. 31 from June 11.

The AICPA has released some suggestions for practitioners regarding issues that have arisen around the postponed May 17 tax due date for individuals.

PCAOB inspections in 2021 will focus on the effects of the coronavirus pandemic on companies’ financial reporting while also becoming less predictable, according to newly published resources.

New guidance from Treasury and the IRS includes a temporary 100% deduction for business meal expenses from Jan. 1, 2021, to Dec. 31, 2022.

The IRS has issued guidance for employers claiming the employee retention credit (ERC) under the CARES Act, modified by the Taxpayer Certainty and Disaster Tax Relief Act of 2020.

An estimated 9,300 small businesses across Wisconsin will receive a $5,000 grant through Gov. Evers’ We’re All In program.

The DOR is extending its customer service call center hours from 7:45 a.m. to 5:45 p.m. on Tuesdays and Thursdays.

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.

In a new report, the GAO urges Congress for more timely and responsive yearly federal guidance to single audit practitioners.