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The IRS has proposed new regulations that explain the disallowance of qualified transportation fringe benefits and provide guidance on transportation and commuting expenses.

The FASAB recently deferred the lease accounting effective date for federal entities to reporting periods beginning after Sept. 30, 2023.

The Wisconsin Economic Development Corp. is extending its We’re All In Small Business Grant Program to 11:59 p.m. on Friday, June 26.

The AICPA wants the July 15 filing deadline to stay after considering responses it received from a survey regarding whether or not the IRS should extend the date.

Treasury and the IRS have provided tax relief for certain taxpayers who are involved in new markets tax credit transactions and who have been affected by the COVID-19 pandemic.

New Paycheck Protection Program guidance released June 22 declares that PPP recipients can apply for loan forgiveness early but doing so could cost them money.

The Wisconsin Department of Revenue is extending its call center hours of operation as the July 15 tax filing deadline approaches.

The Small Business Administration has launched a free online tool to connect small businesses with Paycheck Protection Program lenders.

A new nationwide survey has found that CPA firms worry that up to 28% of their clients may not survive the current economy.

The SBA and Treasury have agreed to publish the names and amount ranges for all recipients of Paycheck Protection Program loans of $150,000 or more.