Featured News
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Business interest expense limitation guidance
The IRS has issued a long-awaited package of guidance regarding the Sec. 163(j) limitation on business interest expense deductions.
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DOR offers limited in-person appointments
The Wisconsin Department of Revenue is now offering limited in-person appointments at its Appleton, Eau Claire, Madison, Milwaukee and Wausau offices.
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New cloud computing standard reduces complexity
A new FASB standard reduces the complexity in accounting for the costs of implementing a cloud computing service arrangement.
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New loan program for west-central Wisconsin
The U.S. Economic Development Administration recently awarded the West Central Wisconsin Regional Planning Commission funds for a new loan program in seven counties.
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Recapturing excess employment tax credits
The IRS has issued temporary and proposed regulations on how it will recapture excess credits taken by employers under certain coronavirus relief legislation.
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IRS slows down on in-person audits
The IRS will continue to rely on remote contact between its employees and taxpayers for the vast majority of its cases, according to a new memo.
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Temporary changes re charitable contributions
Individuals and businesses may take advantage of temporary changes this year involving charitable contributions, the IRS recently announced.
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IRS unveils 2020 list of tax scams
The IRS recently unveiled its annual Dirty Dozen list of tax scams with a special emphasis on aggressive and evolving schemes related to coronavirus tax relief.
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CPA Evolution initiative advances
Work to transform the CPA licensure model will continue in earnest after receiving unanimous support from the National Association of State Boards of Accountancy's board of directors.
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COVID-19 resources for state business owners
Focus Forward, a new platform by the Wisconsin Economic Development Corp., provides up-to-date information to help state business owners navigate COVID-19 pandemic resources.