Featured News

  • IRS to keep July 15 filing deadline

    June 30, 2020

    Treasury and the IRS have announced that they will not postpone the July 15 tax filing and payment deadline.

  • PPP guidance on maturity dates, loan amounts

    June 30, 2020

    Recently issued Paycheck Protection Program guidance addresses PPP loan maturity dates for all borrowers as well as maximum loan amounts for certain self-employed individuals.

  • Rollover relief for required minimum distributions

    June 30, 2020

    Under new IRS guidance, taxpayers who already took an RMD in 2020 from certain retirement accounts now have the opportunity to roll those funds back into a retirement account.

  • Demand for CPAs rises

    June 29, 2020

    Accountants are the sixth most in-demand job on LinkedIn, according to new data, and they top the list of jobs with the fastest-growing demand.

  • GASB addresses deferred compensation plans

    June 28, 2020

    GASB issued a new standard that helps reduce costs and increase the consistency and comparability of reporting on state and local governments’ fiduciary component units.

  • Working from home with kids

    June 27, 2020

    CPAs who are working from home with kids can take certain measures to stay productive while also being present for their families.

  • Proposed guidance on disallowed QTF deduction

    June 26, 2020

    The IRS has proposed new regulations that explain the disallowance of qualified transportation fringe benefits and provide guidance on transportation and commuting expenses.

  • FASAB defers lease accounting standard date

    June 25, 2020

    The FASAB recently deferred the lease accounting effective date for federal entities to reporting periods beginning after Sept. 30, 2023.

  • WEDC extends We’re All In deadline

    June 24, 2020

    The Wisconsin Economic Development Corp. is extending its We’re All In Small Business Grant Program to 11:59 p.m. on Friday, June 26.

  • AICPA supports keeping July 15 filing date

    June 24, 2020

    The AICPA wants the July 15 filing deadline to stay after considering responses it received from a survey regarding whether or not the IRS should extend the date.