Featured News
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Work-from-home time-management
By calculating how long it takes to complete tasks and analyzing their returns on investment, financial professionals can better manage their time.
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Revenue recognition date delayed for private entities
FASB will extend by one year the effective date of its revenue recognition standard to all nonpublic entities that have not yet issued their financial statements.
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IRS to issue prepaid EIP debit cards
Treasury will send 4 million economic impact payments via prepaid debit cards to taxpayers without bank account information on file.
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More IRS phone reps to answer EIP questions
The IRS is adding 3,500 telephone representatives to answer some of the most common questions related to taxpayers’ stimulus checks.
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Proposed guidance on TCJA fines, penalties
The IRS has proposed new regulations under TCJA that provide guidance to taxpayers and governments with respect to fines, penalties and certain other amounts.
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State $75M initiative to help reopen small businesses
Gov. Evers has announced a new $75 million initiative to help small businesses get back on their feet as the state begins to reopen.
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SBA releases PPP forgiveness form
The U.S. Small Business Administration has released an application form for Paycheck Protection Program loan forgiveness.
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DWD addresses return-to-work concerns
The Wisconsin Department of Workforce Development is addressing concerns from employers and employees about how to safely return to the workplace.
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SBA allows increased PPP loans to partnerships
The U.S. Small Business Administration has issued a new interim final rule that allows lenders to increase existing Paycheck Protection Program loans to partnerships.
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Deferring ASB reporting standards
Due to the pandemic, the AICPA Auditing Standards Board deferred the effective dates of its recently issued Statements on Auditing Standards addressing auditor reports.