Featured News
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IRS urges electronic filing
Because the IRS cannot process paper returns during its coronavirus-related closures, the agency is urging taxpayers to file their returns electronically.
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Advising clients during the COVID-19 pandemic
With so much uncertainty caused by the COVID-19 pandemic, advisors can take certain steps to help clients when they need it the most.
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Wisconsin follows IRS’ lead to extend tax deadline
The Wisconsin Department of Revenue has provided updated guidance for extending the deadline for income tax returns and estimated tax payments to July 15.
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U.S. lenders get access to small-business rescue program
Hundreds of U.S. lenders now have access to the U.S. government’s $350 billion Paycheck Protection Program to help small businesses affected by COVID-19.
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AICPA issues audit and accounting COVID-19 guidance
A new AICPA report provides nonauthoritative guidance addressing frequently asked audit and accounting questions related to the COVID-19 pandemic.
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Gov. Evers extends CPA Exam testing, credit
In a new emergency order, Gov. Evers has extended testing and credit for CPA Exam candidates.
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IRS extends more tax deadlines
On April 9, the IRS extended more tax deadlines for individuals and businesses in response to the coronavirus pandemic.
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FASB proposes effective date delays for certain entities
FASB voted to add a project to its technical agenda to propose delaying the effective dates of its standards on revenue recognition and lease accounting for certain entities.
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State Legislative Fiscal Bureau addresses federal tax law changes
In a recent memo, the Wisconsin Legislative Fiscal Bureau addressed certain federal tax law changes enacted in response to the COVID-19 outbreak.
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DOR makes changes to TRIP, SDC programs
Due to the COVID-19 pandemic, the Wisconsin Department of Revenue has made changes to its Tax Refund Interception and State Debt Collection programs.