Featured News
-
DOR releases August 2024 Economic Forecast Update
The Wisconsin Department of Revenue’s (DOR’s) latest economic forecast update expects the state's unemployment rate to peak at 3.6% by 2027, compared to 4.6% nationwide.
-
Bloomberg report projects tax rates to rise in 2025
Bloomberg Tax's 2025 Projected U.S. Tax Rates Report forecasts a 2.8% increase in inflation-adjusted tax amounts for 2025, a significant decrease from the 7.1% rise in 2023.
-
SEC approves PCAOB system of quality control
The SEC approved a PCAOB standard establishing a risk-based quality control system for public accounting firms.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.