Financial News

For the first time in forty years, the IRS has released new guidance on nonprofit group exemptions. On January 15th,...

The USPS recently clarified an important change that could affect taxpayers, nonprofits, and anyone relying on year-end mailings: A postmark...

OBBBA Updates: IRS Restores 1099-K Threshold and Raises 1099-NEC Limits The One Big Beautiful Bill Act (OBBBA), signed into law...

The Wisconsin Department of Revenue (WI DOR) has begun a limited audit project focused on retirement income reporting. As part...

How Can Nonprofits Remain Resilient Amid a Government Shutdown? Background The federal government is in a partial shutdown that began...

On September 17th, 2025, the IRS announced tax relief for individuals and businesses in areas of Wisconsin affected by severe...

How does OBBBA Impact Taxpayers with International Operations? Recent legislative updates have introduced substantial changes to the U.S. tax code...

Key Takeaways of the 2025-2027 Wisconsin State Budget Wisconsin has enacted several significant changes as part of the 2025–2027 state...

The One Big Beautiful Bill Act that was signed into law on July 4, 2025 includes many provisions impacting businesses,...

On July 4, 2025, President Donald Trump signed the One Big Beautiful Bill Act (OBBBA) into law. The sweeping legislation...

The One Big Beautiful Bill Act (OBBBA) introduces new federal tax deductions aimed at workers who earn tips or overtime....

How the OBBBA Could Impact Tax-Exempt Organizations Earlier this week, the Senate Finance Committee released its revisions to the One...