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U.S. consumer confidence remains steady despite concerns about high prices and a less optimistic short-term future, according to the Conference Board.

Wisconsin Act 147 requires the state to study the effects of instituting income tax reciprocity with Minnesota.

The IRS is proposing to shorten the notice of third-party contact to 10 days in several circumstances involving statutory periods for assessments and collection investigations.

The IRS is reporting a smooth tax filing season, with no backlog of paper returns and improved customer service.

The latest economic forecast from the Wisconsin Department of Revenue (DOR) projects a period of slow growth by late 2024 or 2025 to bring down inflation.

Close to two-thirds (62%) of CFOs responding to a Deloitte poll anticipated an allocation of less than 1% of their organization’s budget for generative AI next year.

Many not-for-profits and private companies are just beginning to grapple with the new rules for current expected credit loss accounting (CECL).

The Accounting Scholars Leadership Workshop is now accepting applications from diverse college and university students interested in a career in accounting and finance.

The Federal Reserve held its key interest rate steady Wednesday, March 20, for the fifth consecutive meeting, as the central bank awaits more data to determine when to cut rates.

The IRS continues to increase the amount of information available in multiple languages as part of its strategic operating plan.