Featured News
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The high cost of minimum wage
Nearly one-third of workers currently earning less than $15 an hour would be at risk of losing their jobs if Wisconsin raised its minimum wage, according to a new report.
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Badger Institute, Tax Foundation investigate state’s tax system
Advocating for tax reform, the Badger Institute and the national Tax Foundation teamed up to investigate Wisconsin’s tax system.
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IRS finalizes opportunity zone requirements
Final regulations from the IRS provide details about investment in qualified opportunity zones.
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Who’s paying for the DNC?
Will the Democratic National Convention really pump $200 million into the Wisconsin economy?
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IRS urges use of final Form W-4, FAQs
After releasing the final Form W-4 and FAQs in December 2019, the IRS strongly recommends tax professionals rely on the updated versions instead of earlier drafts.
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Taxation of gambling income and losses
CPAs should know how to help clients with the taxation of gambling income and losses.
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XML software providers first need IRS approval
Returns filed with XML software will not be accepted until the third-party software has received IRS approval.
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DOR surpasses $82M auditor revenue goal
The Wisconsin Department of Revenue surpassed its Act 55 goal of generating $82 million in additional audit collections for the 2019 fiscal year.
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IRS launches new income tax withholding tool
A new online assistant designed by the IRS can help employers determine the right amount of federal income tax to withhold from their workers’ pay.
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Medicaid program costs projected to exceed budget
Costs for the state’s Medicaid program are projected to exceed the general purpose revenue budget by $39.8 million over the next two years.