Featured News
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FASB proposal would amend interim disclosure requirements
A new FASB proposal would change the rules for interim disclosures in financial statements.
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DOR to hold public hearing for proposed CR 21-085 tax rules
The DOR will hold a public hearing regarding proposed permanent rules related to income, franchise and excise tax provisions on Dec. 3.
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Staying alert amid rise in 'unprecedented' unemployment fraud
Employers need to stay alert for red flags following an unprecedented rise in fraudulent schemes, state agencies warn.
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Submissions open for 2021 Governor’s Financial Literacy Awards
Gov. Tony Evers' financial literacy council is now accepting nominations for its 2021 Governor’s Financial Literacy Awards.
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New survey tackles top issues for CPA firms in 2021
The 2021 PCPS survey reviews top issues for CPA firms and provides key insights on the top 10 results that may enhance the understanding of their concerns.
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Planning for obstacles CPAs face in consulting
While some challenges take time to overcome when CPAs grow their advisory practice, the right strategic planning can easily resolve many of them.
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DSPS: CPA licenses expire Dec. 14, renew now
The Wisconsin Department of Safety and Professional Services (DSPS) is reminding CPAs to renew their licenses before they expire on Dec. 14.
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FASB issues new private company practical expedient
The FASB recently issued a new standard to improve an area of financial reporting for nonpublic business entities that issue equity-classified share-based awards.
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Spotting a fake IRS letter
With fake IRS letters now in circulation with real ones, it is a good time to remind clients how to spot the fraudulent letters right away.
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IRS issues guidance for LLCs seeking tax-exempt recognition
The IRS has issued new guidance to clarify the standards that an LLC must satisfy to receive a determination letter recognizing it as tax-exempt.