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The IRS has issued additional relief in satisfying the substantial rehabilitation test to lessen the burden on taxpayers claiming the rehabilitation credit during the COVID-19 pandemic.

Clients desperately trying to navigate the coronavirus pandemic need the assistance of accounting practices that can quickly pivot to provide services.

The IRS is now allowing taxpayers to fax duplicate copies of their automatic method change requests.

Executives are still learning important takeaways from the COVID-19 pandemic, says one risk management expert, and planning ahead for risks is crucial to their company’s success.

Many accounting firms are moving beyond traditional accounting and compliance services and offering more strategic offerings, according to a new survey.

The IRS has issued a long-awaited package of guidance regarding the Sec. 163(j) limitation on business interest expense deductions.

The Wisconsin Department of Revenue is now offering limited in-person appointments at its Appleton, Eau Claire, Madison, Milwaukee and Wausau offices.

A new FASB standard reduces the complexity in accounting for the costs of implementing a cloud computing service arrangement.

The U.S. Economic Development Administration recently awarded the West Central Wisconsin Regional Planning Commission funds for a new loan program in seven counties.

The IRS has issued temporary and proposed regulations on how it will recapture excess credits taken by employers under certain coronavirus relief legislation.