Featured News
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Firms encouraged to aggressively advance PPP applications
The AICPA expects the federal government to open the PPP application process for all lenders by Friday and encourages firms to advance the application process for small business clients.
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IRS finalizes carried interests regulations
Final regulations on the tax treatment of carried interests issued by the IRS retain the basic structure of regulations proposed in August with certain changes.
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Wisconsin’s tax burden drops below national average
Wisconsin’s state and local tax burden dropped below the national average, according to a new report from the Wisconsin Policy Forum.
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Staying focused during Zoom meetings
To get the most out of Zoom meetings, attendees can take steps to remove distractions and prevent counterproductive multitasking.
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We’re All In grants provide $240M to small businesses
Nearly 55,000 Wisconsin small businesses received approximately $240 million last year through the We’re All In grants program, Gov. Tony Evers recently announced.
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PPP application forms released
The U.S. Small Business Administration and Treasury recently released borrower loan application forms for the rebooted Paycheck Protection Program.
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FASB clarifies scope of reference rate relief
New FASB guidance clarifies which derivatives are eligible for optional expedients and exceptions under the new standard that provides accounting relief for reference rate reforms.
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New tool helps check EIP status
Eligible taxpayers who are anticipating an economic impact payment (EIP) soon can now check their payment status using the IRS’ Get My Payment tool.
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IRS to host small business workshop Jan. 21
The IRS will host a virtual small business workshop and listening sesson on Jan. 21 to discuss estimated taxes, self-employment tax, withholding tools for employers and more.
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IRS issuing prepaid EIP debit cards
Starting this week, Treasury and the IRS are sending approximately 8 million economic impact payments (EIPs) via prepaid debit cards to taxpayers.