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The U.S. Senate passed a bill on Monday, Oct. 20, that, among other changes, requires the IRS to provide taxpayers with details on notices related to mathematical or clerical errors.

The WICPA is pleased to announce that Gov. Tony Evers and the state of Wisconsin have designated November 2025 as Accounting Careers Month in Wisconsin.

WICPA President & CEO Tammy Hofstede recently met with representatives from the Wisconsin Department of Revenue to express concerns with DOR's 1099-R billing project and the qualified charitable distribution (QCD) issue.

A new survey by information services firm Wolters Kluwer finds a notable uptick in the number of accounting firms offering business advisory services.

A new report from audit, risk and compliance software provider AuditBoard reveals that the adoption of artificial intelligence in audit functions is growing, increasing from 8% to 21% in just one year.

U.S. economic activity was little changed in recent weeks and employment levels held largely stable, according to the latest Beige Book report from the Federal Reserve.

The IRS has named Jarod Koopman as its acting chief tax compliance officer, overseeing IRS employees in its enforcement divisions.

On Thursday, Oct. 9, the IRS published tax year 2026 inflation adjustments for more than 60 tax provisions, including updated tax brackets and the standard deduction.

A new report finds that accounting firms worldwide are moving beyond tactical responses to embrace strategic transformation.

The IRS and Treasury issued guidance on Tuesday, Oct. 7, that provides deposit penalty relief for the first three quarters of 2026 to remittance transfer providers.