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The IRS recently proposed new guidance for estates and trusts, clarifying that certain deductions of estates and non-grantor trusts are not miscellaneous itemized deductions.

The AICPA recently made a broad range of legislative recommendations to encourage economic recovery in the wake of the COVID-19 pandemic.

The effective dates of three AICPA ethics interpretations are now extended one year because of the COVID-19 pandemic.

Gov. Evers has announced a series of publications to keep business owners informed of best practices and safety tips as the state prepares to reopen.

The Wisconsin Pork Association and the Wisconsin Department of Agriculture, Trade and Consumer Protection have joined forces to promote the state’s pork industry.

The Securities and Exchange Commission is providing temporary, conditional crowdfunding relief for smaller companies affected by COVID-19.

The AICPA Peer Review Board has granted CPA firms six-month extensions for peer reviews, corrective actions and implementation plans.

Wisconsin’s tax collections in April were down $870 million compared to last year as the state’s revenue took a hit due to the COVID-19 pandemic and extended tax deadline.

The U.S. Department of Agriculture is offering up to $100 million in competitive grants for activities designed to expand the availability and sale of renewable fuels.

Businesses that received Paycheck Protection Program loans can exclude laid-off employees from loan forgiveness reduction calculations if the employees refuse to return to work.