Featured News

FASB issued an update June 3 that delays the effective dates of its revenue recognition and lease accounting standards for certain entities in response to the pandemic.

By offering small business clients the opportunity to set up defined benefit plans, CPAs can increase their value and help those clients save on tax.

Beginning July 1, charges for internet access services will no longer be subject to Wisconsin sales and use tax.

CPAs can help shed light on COVID-19 frauds that affect the elderly by recognizing the dangers and keeping in close communication with their older clients.

The IRS will allow taxpayers to electronically file their amended individual tax returns (Form 1040-X) later this spring.

The Wisconsin Economic Development Corp. will begin accepting applications for the $75 million We’re All In Small Business Grant program on June 15.

Treasury and the IRS are providing relief for taxpayers developing renewable energy projects and producing electricity from renewable resources.

Although business owners may not have the luxury of implementing new technology in a measured process right now, certain steps can help them roll out the changes in a systematic way.

As workers settle into the rhythm of telecommuting from home, it is uncertain how many will actually need to report to the office once a COVID-19 vaccine is available.

Under final regulations issued Wednesday, May 27, certain tax-exempt organizations will not have to supply the names and addresses of substantial donors on Schedule B of Form 990.