Featured News
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Rep. Wittke receives 2022 WICPA Legislative Leadership Award
The WICPA presented its Legislative Leadership Award to Rep. Robert Wittke, R-Racine, at the 2022 Member Recognition Banquet & Annual Business Meeting.
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Interest rates to increase for Q3 2022
Interest rates for the third quarter of 2022 will increase starting July 1, the IRS recently announced.
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IRS should work to expand e-filing, TIGTA says
A recent report from the Treasury Inspector General for Tax Administration (TIGTA) stresses the need to expand e-filing at the IRS for both taxpayers and the government.
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Reviewing priorities when leading an understaffed team
For managers of understaffed teams, now is the time to set up process improvement interventions, prioritize core client needs and assign employees fewer concurrent projects.
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SEC predicts a lot more fraud in crypto markets
Fraud will likely increase in cryptocurrency markets, the SEC warned following an intensified crackdown against swindling in decentralized finance platforms.
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IRS blames old tech for destruction of returns
The IRS erroneously destroyed about 30 million unprocessed information returns due to outdated technology, the agency explained on May 12.
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AICPA board approves new quality management standards
The AICPA Auditing Standards Board recently approved new quality management standards to improve a firm’s risk assessment and audit quality.
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Email fraud accounts for $43B lost in past 5 years, FBI says
A new FBI report finds that 241,206 domestic and international email fraud incidents occurred between June 2016 and December 2021, for an exposed loss of more than $43 billion.
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DOR updates publications for field audits, sampling
The Wisconsin Department of Revenue (DOR) recently updated its publications for field audits and sampling.
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FASAB seeks input on proposed amendments related to leases
FASAB is seeking input on proposed amendments intended to clarify the application of lessee and lessor discounting requirements.