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The AICPA's Private Companies Practice Section (PCPS) has introduced a strategy planning toolkit designed to assist accounting firms in business model transformation.

The Wisconsin Department of Revenue (DOR) has released its state tax bulletin for July 2023, which outlines the tax laws changed by the state’s repeal of the personal property tax.

The number of audit deficiencies found during PCAOB inspections showed another year-over-year increase in 2022, according to a new board staff report.

The Federal Reserve announced Wednesday, July 26, it had raised its key interest rate by 0.25% to as much as 5.5%, the highest level in 22 years.

Leveraging data, maintaining a cash reserve and hiring an accountant are all steps that can help small businesses build confidence around their financial decisions.

The IRS announced Monday, July 24, that it will end its policy of unannounced visits to taxpayers by agency revenue officers.

The IRS and its security partners have released a written information security plan template to help tax professionals safeguard their clients and their own businesses.

The PCAOB released new search filters on its website that allow people to look for reports with six new criteria on its Firm Inspection Reports page.

The IRS is reminding individuals using an extension to file their tax returns as soon as possible to take advantage of special tools available on IRS.gov.

The IRS provided transition relief regarding the change in the required beginning date for required minimum distributions (RMDs) under the SECURE 2.0 Act in Notice 2023-54.