Featured News
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Survey reveals growing interest in M&A
A recent survey indicates a rising interest in mergers and acquisitions (M&A) and new growth opportunities among leaders at private companies and those that have recently gone public.
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State-chartered banks performing well, DFI says
Data released by state and federal agencies indicate Wisconsin banks and credit unions are in good financial condition.
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Comments sought on SECURE 2.0 saver’s match contributions
The IRS has issued a notice requesting comments on saver's match contributions that the Treasury will pay under the SECURE 2.0 Act of 2022.
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IRS updates accounting method rules for research expenses
The IRS has updated the procedures for obtaining automatic consent to change accounting methods for research or experimental expenditures incurred after Dec. 31, 2021.
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Survey finds decline in optimism among CPA leaders
CPA leaders' optimism about the U.S. economy and their organizations has trended downward in a quarterly survey since hitting peaks in the second quarter of 2021.
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PEEC releases ethics exposure draft for Sec. 529 plans
The AICPA Professional Ethics Executive Committee (PEEC) has issued an exposure draft for public comment proposing changes to the AICPA’s Code of Conduct related to Sec. 529 plans.
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Fed’s Beige Book shows slowing economic activity
This month's Beige Book report finds that economic growth is slowing down in some parts of the country, but the labor market remains stable.
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'Deepfake' scams escalate across the US and UK
A recent survey by financial software provider Medius reveals that over half (53%) of businesses in the U.S. and U.K. were targets of financial scams involving “deepfake” technology.
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Report: Main Street employers face tax troubles
A new report from the National Federation of Independent Business finds that many small business owners are increasingly concerned about taxes.
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IRS clarifies tax rules for crowdfunding distributions
The IRS said that crowdfunding distributions may be included in the gross income of the person receiving them, depending on the facts and circumstances of the distributions.