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Scammers are becoming increasingly sophisticated with their schemes during the pandemic, but finance professionals can take steps to protect themselves and their organizations.

Personal income growth in Wisconsin will slow to 0.2% in 2020 and 1.6% in 2021, according to the latest economic forecast update from the DOR.

The IRS has proposed regulations explaining how the temporary reduction of the personal exemption deduction affects taxpayers eligible for the Sec. 36B premium tax credit.

While the post-pandemic market environment remains uncertain, business leaders can still take a variety of measures in the interim to focus on the longer term.

The IRS will host its 2020 IRS Nationwide Tax Forums virtually with a series of livestreamed webinars beginning this July.

Wisconsin has received nearly $5 billion in Economic Impact Payments in the opening weeks of the coronavirus relief program, according to IRS data.

Treasury and the U.S. Small Business Administration havereleased new Paycheck Protection Program guidance that provides some clarity on several loan forgiveness questions.

With companies reducing travel budgets, those that rely on in-person networking events and conferences are now turning to online solutions.

With many taxpayers now working at home, it’s important they understand the IRS’ rules for deducting home office expenses.

With an ongoing need for communication due to coronavirus-related challenges, CPAs have an opportunity to remind clients to update their essential documents.