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The Wisconsin Department of Revenue (DOR) is extending its customer service call center hours on Tuesdays and Thursdays for the remainder of January.

The IRS is reminding businesses to furnish new Forms 1099-MISC and 1099-NEC to most recipients by Feb. 1, 2021.

The AICPA has issued two Technical Questions and Answers (TQAs) that provide nonauthoritative guidance related to performing third-party assessment engagements.

Taxpayers subject to government fines and penalties received guidance on when those payments are deductible or not deductible under final regulations posted by the IRS.

Significant provisions of the federal Consolidated Appropriations Act, 2021, were not adopted into Wisconsin law and will affect the filing of 2020 Wisconsin tax returns, the DOR announced.

The IRS is delaying the start of the 2020 tax filing season to Feb. 12 to give the agency more time to prepare amid the ongoing COVID-19 pandemic.

All taxpayers who can verify their identities are now eligible for the Identity Protection PIN (IP PIN) opt-in program, the IRS recently announced.

The .cpa domain application window opens Friday, Jan. 15, for licensed CPAs to apply for on an individual basis, the AICPA announced.

The SBA and Treasury have released procedural guidance that details requirements for the second round of PPP borrowers to reapply for a loan or request a loan increase.

The application window for PPP forgivable loans opens Friday, Jan. 15, for lenders with $1 billion or less in assets, the SBA and Treasury announced.