Featured News
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PCAOB proposes wider liability for auditors
The PCAOB has proposed expanding liability for individual auditors and certain accounting firms when they contribute to violations by the primary firms handling an audit.
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Fed pauses interest rate hikes — for now
The Federal Reserve is pausing its extended campaign against inflation, holding its benchmark interest rate steady and giving borrowers a breather after 11 hikes since March 2022.
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IRS seeks feedback on proposed changes to research credit
The IRS is seeking feedback on its preview of proposed changes to certain sections of Form 6765, Credit for Increasing Research Activities.
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PEEC approves changes to Code of Conduct
The AICPA Professional Ethics Executive Committee (PEEC) approved changes to the Code of Professional Conduct related to attest client fees and ethical responsibilities for testing.
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Survey: Optimism on the rise among large-company CFOs
Fifty-seven percent of North American CFOs rate current economic conditions as good or very good — up from 34% last quarter — according to a new third-quarter survey.
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Increasing ROI with an intentional company culture
The culture-building process should be intentional if you want your practice’s culture to positively contribute to your return on investment and bottom line.
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DOR releases August 2023 Economic Forecast Update
The Wisconsin Department of Revenue’s (DOR’s) latest economic forecast update delays the expected period of slow growth to start by mid-2024.
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IRS orders immediate stop to new ERC processing
The IRS has ordered an immediate stop to processing employee retention credit (ERC) claims amid a surge of scams.
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New guidance issued for corporate alternative minimum tax
New interim guidance from the IRS and Treasury aims to help corporations determine whether the new corporate alternative minimum tax (CAMT) applies to them and how to compute the tax.
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IRS provides guidance for amortization of R&E expenditures
The IRS has provided interim guidance for the amortization of specified research and experimental expenditures (R&E).