Featured News
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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.
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AICPA requests more tax relief from Treasury
In an April 7 letter to Treasury, the AICPA requested extensions for all tax filing and payment deadlines.
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ASB to consider deferral of effective dates
The AICPA Auditing Standards Board will soon consider a one-year deferral of effective dates for seven auditing standards due to the COVID-19 pandemic.
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Treasury releases FAQ on PPP
The Treasury Department recently released a new FAQ document concerning implementation of the Paycheck Protection Program.