Featured News
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Fed officials appear open to further interest rate hikes
Federal Reserve officials expressed concern at their July meeting about the pace of inflation and said more rate hikes could be necessary in the future unless conditions change.
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Survey: Employers consider enhancing retirement plans
To attract and retain talent, U.S. employers are making enhancements to their nonqualified retirement plans, a new survey finds.
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Guidance provided for electronic filing exemptions, waivers
The IRS provided guidance to persons filing certain returns on how to seek religious exemptions, hardship waivers and other administrative exemptions from electronic filing requirements.
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WICPA joins nationwide effort to add accounting to STEM education
The WICPA joined a coalition of CPA state societies and the AICPA to request the addition of accounting programs in STEM education.
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IRS to host virtual meeting for Wisconsin tax practitioners
The IRS will host a virtual meeting for Wisconsin tax practitioners to provide feedback about processes and procedures on Wednesday, Aug. 30.
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Survey: Future execs want continued hybrid work model
A new study finds two-thirds of next-generation and senior leaders at large financial institutions are likely to leave their current roles if required to return to the office five days a week.
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Report: Credit card balances spiked in Q2
A new report finds Americans increasingly turned to their credit cards to make ends meet heading into the summer, sending aggregate balances over $1 trillion for the first time ever.
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Tax pros urged to identify signs of data theft
The IRS is urging tax professionals to learn and identify the signs of data theft so they can respond quickly to protect their clients.
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IRS proposal targets monetized installment sales
The IRS and Treasury issued proposed regulations on Thursday, Aug. 3, that identify certain monetized installment sale deals as listed transactions.
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Embracing cloud tech to meet growing client demands
Efficient cloud-based technology is essential to managing staffing issues and meeting growing client expectations.