Featured News
- 
                            CFO optimism reaches highest level in 3 years, survey showsA recent survey of financial chiefs found that 58% of CFOs are optimistic about the U.S. economy — the highest level of optimism since the third quarter of 2021. 
- 
                            New scam targets clean energy tax creditThe IRS is warning taxpayers not to fall victim to a new emerging scam involving buying clean energy tax credits. 
- 
                            DOR: Third-party MTA users can close business tax accountsThe Wisconsin Department of Revenue (DOR) has introduced a new feature that enables third-party My Tax Account (MTA) users to request the inactivation of most business tax accounts. 
- 
                            Financial restatements drop by 50%, CAQ study findsAccording to a Center for Audit Quality study, the number of financial restatements filed with the SEC dropped by more than 50% from 2013 to 2022. 
- 
                            Report: Small businesses hired at slower rate in JuneA new report finds that small businesses with fewer than 50 employees added jobs in June but at a slower pace than in May. 
- 
                            Survey: Tax pros want quicker answers from IRSAlmost two-thirds of tax professionals who responded to an annual AICPA survey about IRS customer service said it takes over 90 days for the agency to respond to correspondence. 
- 
                            US inflation slowing again, says Fed Chair PowellInflation in the U.S. is slowing again, according to Federal Reserve Chair Jerome Powell, who added that the Fed will need more evidence before considering interest rate cuts. 
- 
                            Identity thieves continue to target tax pros, IRS warnsThe IRS has issued another warning to tax professionals about the increasing threat of identity theft. 
- 
                            Final regulations issued on stock repurchase taxThe IRS and Treasury have issued final regulations that provide guidance on reporting and paying the 1% excise tax owed on corporate stock repurchases. 
- 
                            IRS issues final regulations for reporting digital assetsFinal regulations from the IRS now require custodial brokers to report certain sale and exchange transactions of digital assets beginning in 2026 for transactions in calendar year 2025. 
