Featured News
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AICPA requests more tax relief from Treasury
In an April 7 letter to Treasury, the AICPA requested extensions for all tax filing and payment deadlines.
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FASB proposes effective date delays for certain entities
FASB voted to add a project to its technical agenda to propose delaying the effective dates of its standards on revenue recognition and lease accounting for certain entities.
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Treasury releases FAQ on PPP
The Treasury Department recently released a new FAQ document concerning implementation of the Paycheck Protection Program.
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ASB to consider deferral of effective dates
The AICPA Auditing Standards Board will soon consider a one-year deferral of effective dates for seven auditing standards due to the COVID-19 pandemic.
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Gov. Evers moves state’s spring election to June 9
Gov. Tony Evers issued an executive order to move Tuesday's spring election to June 9 due to coronavirus concerns in the state.
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Wisconsin granted federal disaster declaration
The state of Wisconsin has received a major disaster declaration from FEMA as a result of the COVID-19 pandemic.
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SBA elaborates on PPP loans for small businesses
The Small Business Administration’s Paycheck Protection Program offers $349 billion in forgivable loans to small businesses impacted by COVID-19.
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State Supreme Court reinstates April 7 election
The Wisconsin Supreme Court has ruled Gov. Tony Evers cannot postpone Tuesday's primary election.
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FASB to discuss effective date deferral requests
In response to the COVID-19 pandemic, FASB will soon discuss effective date deferral requests for significant accounting standards that are not yet effective.
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IRS now accepts email, digital signatures
During the COVID-19 pandemic, the IRS is temporarily accepting images of signatures and digital signatures on certain tax liability documents.