Featured News
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Wednesday deadline for EIP direct deposits
Taxpayers who have not yet shared their bank account information with the IRS must do so by Wednesday, May 13, to receive their economic impact payments through direct deposit.
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COVID-19: GAGAS CPE Alert
The GAO has released a COVID-19 GAGAS CPE Alert that provides a grace period for completing Yellow Book CPE.
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Proposed regulations for estates and trusts
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.
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AICPA proposes new tax relief
The AICPA recently made a broad range of legislative recommendations to encourage economic recovery in the wake of the COVID-19 pandemic.
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Effective dates extended for 3 ethics interpretations
The effective dates of three AICPA ethics interpretations are now extended one year because of the COVID-19 pandemic.
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Gov. Evers announces business guidelines
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.
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Wisconsin launches ‘Passion for Pork’ initiative
The Wisconsin Pork Association and the Wisconsin Department of Agriculture, Trade and Consumer Protection have joined forces to promote the state’s pork industry.
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Crowdfunding regulations relaxed for small business
The Securities and Exchange Commission is providing temporary, conditional crowdfunding relief for smaller companies affected by COVID-19.
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6-month delay granted for peer reviews
The AICPA Peer Review Board has granted CPA firms six-month extensions for peer reviews, corrective actions and implementation plans.
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State tax collections take a hit
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.