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FinCEN has issued an interim final rule that removes the requirement for U.S. companies and U.S. persons to report beneficial ownership information under the Corporate Transparency Act.

In a closely watched decision Wednesday, the Federal Reserve held the line on benchmark interest rates though it still indicated that reductions are likely later in the year.

The FASB recently announced that the SEC accepted its taxonomies for 2025.

In a letter to congressional finance leaders, the AICPA listed increasing the threshold to $10,000 as one of its priorities.

The Auditing Standards Board is accepting comments through Friday, June 13, on its proposed 2026-2030 strategic plan.

The IRS has issued a warning against a new trend on social media encouraging individuals to falsely inflate their withholdings to increase tax refunds.

Wisconsin consumers reported losing more than $106 million to scams in 2024, according a new report from the Federal Trade Commission (FTC).

CPA firms that fail to optimize their IT investments often struggle with inefficiencies, unplanned expenses and system downtimes that negatively impact productivity.

The IRS recently announced that over 1.1 million people nationwide have unclaimed refunds for tax year 2021 but face an April 15 deadline to submit their tax returns.

The Wisconsin Department of Revenue’s (DOR’s) latest economic forecast expects federal interest rates to remain elevated, with only one rate cut scheduled for 2025.