Featured News
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DSPS announces new digital tool for licensed professionals
The Wisconsin Department of Safety and Professional Services (DSPS) now offers a new digital licensing tool for occupational license holders to carry their credentials wherever they go.
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AICPA supports Senate discussion draft to help taxpayers, preparers
The AICPA said it supports a Senate discussion draft released Thursday, Jan. 30, backing 13 of the 65 provisions designed to reduce burdens on taxpayers and tax preparers.
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DOR releases January 2025 tax bulletin
The Wisconsin Department of Revenue (DOR) has published its state tax bulletin for January 2025.
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TIGTA warns of new tax season text message scam
Scammers impersonating the IRS are texting taxpayers, leading them to believe they're going to receive an economic impact payment.
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Survey: Culture, tech key to accounting talent retention
A recent survey found that a supportive, tech-forward work culture can help retain younger entrants to the accounting profession.
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Fed leaves key interest rate unchanged
The Federal Reserve left its benchmark interest rate unchanged Wednesday, Jan. 29, after cutting it three times in a row last year.
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IRS kicks off 2025 tax season
The IRS has officially opened the 2025 tax filing season, accepting federal individual tax returns for the year 2024.
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IRS revises FAQs on home energy tax credits
The IRS recently updated its fact sheet about the energy-efficient home improvement credit and the residential clean energy property credit.
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FASB proposes several changes to accounting standards
FASB is seeking feedback on a proposed Accounting Standards Update (ASU) that addresses 34 issues in its codification.
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New IRS rules address expatriate gifts
The IRS has issued final regulations concerning taxes on gifts and bequests received from individuals who renounced their U.S. citizenship or residency.