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The IRS and Treasury recently announced their intent to remove basis-shifting transaction-of-interest regulations.

Preliminary employment estimates for March showed Wisconsin’s unemployment rate remained unchanged at 3.2%, one percentage point below the national unemployment rate of 4.2%.

The Financial Accounting Foundation’s annual report highlights how the FASB and GASB engage with multiple stakeholder groups to create and improve GAAP.

The AICPA has strongly endorsed a bipartisan House of Representatives bill that would add accounting to the STEM education program.

A recent survey of U.S. adults found that two-thirds of Gen Z adults are not confident in their understanding of personal finance.

The FASB voted to adopt a proposed update to its GAAP standards for derivatives, which will take effect in less than a year.

In a letter to the IRS, the AICPA recommended changes to the final regulations for generation-skipping transfer (GST) exemption and certain GST elections.

CPAs play an increasingly crucial role during tax season — not just by navigating tax filings and compliance but also by helping clients safeguard their financial data from cyber threats.

More than 61.5 million Americans have received their annual tax refunds from the IRS, with the average filer getting back about 4% more than they did last year.

A recent study of state taxpayers finds that Wisconsinites are the least likely to procrastinate on filing their taxes in 2025.