Featured News
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Study: Wisconsin ranks 2nd for small business survival rate
Wisconsin has the second highest chance of a small business surviving at 64.93% on a three-year average, according to a new study.
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IRS reduces PTIN fees, updates Tax Pro Account
The IRS issued rules to reduce the PTIN fee to an $11 user fee plus an $8.75 third-party contractor fee for the next three fiscal years and announced new features for Tax Pro Accounts.
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Public accounting salaries expected to rise 4.9% in 2024
A 2024 analysis of salary data projects the base pay for 11 positions in public accounting will rise 4.9% next year.
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Survey: CFOs worry most about rate hikes
While vexed by high borrowing costs, CFOs see revenues rising next year and the economic landscape brightening.
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GASB addresses disclosure, classification of capital assets
A new GASB proposal would establish requirements for the separate disclosure of certain types of capital assets for the purposes of note disclosures.
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New PCAOB standard addresses confirmation in the audit
A new PCAOB standard aims to modernize the process that auditors use to verify information via a third party about one or more financial statement assertions.
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Enhancing client trust with expanded offerings
Prioritizing communication, building a client-centric culture and gathering feedback will help you strengthen that trust while meeting your client’s needs and adding value.
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OPR publishes letter to request tax info in case files
CPAs and other individuals who practice before the IRS can use a new letter as a standard form for requesting tax information obtained as part of an inquiry into Circular 230 violations.
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Gen Z employees hungry for mentorship, survey finds
A recent survey of young workers found that many are not getting the mentorship they crave and the training they need.
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BOI reports deadline extension proposed for certain companies
Companies registered or created in 2024 would get an extended deadline to file beneficial ownership information reports, while other companies would not, under newly proposed rules.