Featured News
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DSPS: CPA licenses expire Dec. 14, renew now
The Wisconsin Department of Safety and Professional Services (DSPS) is reminding CPAs to renew their licenses before they expire on Thursday, Dec. 14.
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FinCEN will allow use of identifier in BOI reporting
Treasury's FinCEN issued a final rule regarding when a reporting company may report an entity’s FinCEN identifier instead of information about an individual beneficial owner.
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Survey: Auditors leading the way on generative AI
Half of finance executives report they’ve already implemented generative artificial intelligence (GenAI) into financial reporting, and the majority of them say auditors are crucial to the cause.
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IRS reschedules digital asset public hearing
The IRS has moved a public hearing on proposed regulations regarding digital asset transactions currently scheduled to Monday, Nov. 13.
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IRS announces tax year 2024 adjustments, tax brackets
The IRS has announced annual inflation adjustments for over 60 tax provisions in tax year 2024, including increases in the standard deduction for married couples and single individuals.
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Survey: 79% of accounting students confident in their career choice
As fewer people pursue accounting careers, those who do are looking to have an impact on more than just an organization’s books.
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Taxpayers may digitally submit tax documents sooner, says Yellen
Taxpayers will be able to digitally submit all sorts of tax documents and other communications to the IRS months earlier than originally planned.
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Big companies have big hopes for 2024, survey finds
About two-thirds of US large-company CEOs believe 2024 will bring better financial fortunes for their organizations, according to a survey.
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Survey: Most execs don’t see AI shrinking financial teams
A new survey finds that more than half of senior financial leaders do not think artificial intelligence (AI) will shrink their financial reporting teams.
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IRS issues adjustments to 2024 retirement account limits
The IRS issued inflation-adjusted limits on benefits and contributions for various retirement accounts, including the maximum contribution amounts for 401(k) plans and IRAs.