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A letter from the AICPA and 53 CPA societies, including the WICPA, criticizes the provision in the House-approved budget bill that would eliminate the SALT deduction for certain passthrough entities.

Employers increased job openings more than expected in April, while hiring and layoffs also both rose, indicating a relatively steady labor market.

Interim guidance from the IRS for the application of the corporate alternative minimum tax (AMT) offers an optional simplified method for determining applicable corporation status.

The Treasury Department is seeking public feedback on its planned elimination of most paper checks as part of a government-wide shift to electronic payments.

Buoyed by a spike at two-year institutions, undergraduate enrollment in accounting programs is up 12% from the spring of 2024.

At the end of the first quarter of 2025, total assets for Wisconsin’s state-chartered credit unions rose to $67.6 billion.

The CPA Journal recently outlined a strategy for CPA firms to adopt value pricing, which focuses on bundling services based on perceived customer value rather than costs.

The IRS issued interim final and proposed regulations on Friday, May 16, lowering the user fee for the service to issue an estate tax closing letter from $67 to $56.

A new report shows small and medium-sized businesses (SMBs) are aggressively adopting technology to drive market growth and operational efficiency.

The Senate unanimously passed the No Tax on Tips Act on Tuesday, May 20, which provides a tax deduction worth up to $25,000 for cash tips.