Storm tax relief for eligible Wisconsinites: The IRS has postponed certain tax deadlines for individuals and businesses in Forest, Outagamie, Vilas, and Winnebago counties affected by the severe storms and tornadoes that began July 27. Learn more: ow.ly/ulBZ50ZYuR9.
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ICYMI: Treasury’s Financial Crimes Enforcement Network issued a final rule last week that permanently ends the requirement for U.S. companies and U.S. persons to report beneficial ownership information to FinCEN under the Corporate Transparency Act: cpapracticeadvisor.com/2026/….
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Do you know someone who has made a positive impact on you or the #accounting profession? Nominate them for the 2027 #WICPA Excellence Awards! Check out the award categories below and help us recognize outstanding achievements in the profession: ow.ly/to7y50ZuGIn.
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Citing the increase in gas prices, the IRS set a higher optional standard mileage rate used to calculate the deductible costs of operating an automobile for business for the remainder of 2026. See the revised standard mileage rates below: cpapracticeadvisor.com/2026/…
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Catch up on the latest topics affecting financial institutions, including economic changes, new market trends, generative artificial intelligence and accountant liability issues. Watch the 2026 WICPA Financial Institutions Conference on demand at wicpa.org/Conferences.
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ICYMI: The IRS released introductory guidelines for tax professionals to follow when using generative artificial intelligence in practice, emphasizing that long-standing duties such as due diligence, competence and confidentiality remain unchanged: ow.ly/7IRc50ZlEH8.
📢 Attention CPA Exam candidates: NASBA’s licensure deadline has moved up to Saturday, July 11, before it pauses applications for a system upgrade. Applications will reopen in the CPA Portal on Monday, Aug. 3. Learn more about the transition here: ow.ly/6gs250ZcLRx.
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Taxpayers and #TaxPros are raising red flags about CP53E notices from the #IRS requesting updated bank information. Many worry the letters might be errors or even scams, with QR codes fueling fraud concerns. Learn more: ow.ly/iqgM50YXGKJ.
Entrepreneurial spirit on the rise: A new survey found that 48% of women working in #accounting and #finance aspire to use their skill sets to become entrepreneurs, up from 45% last year. See more findings: ow.ly/16lA50YClV1.
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The IRS’s annual “dirty dozen” list of #tax frauds and #scams includes two new schemes that threaten businesses and individuals: artificial intelligence abuse and capital gains fraud. Catch up on the latest red flags: ow.ly/U9E950Ys4xl.
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In a recent interview with @tmj4, WICPA member David Begalke, CPA, founding partner of Begalke & Associates, LLC in Sheboygan, stressed the importance of trusting a CPA to file your taxes. Learn how to avoid #scams during the #tax season: tmj4.com/news/sheboygan-coun…
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The #IRS will begin accepting and processing #tax returns on Monday, Jan. 26! Post a comment with your best tip to make busy season less taxing for you and your clients: ow.ly/2lEe50XWNwy.
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#Accountants: Help your clients get the most mileage out of the temporary car loan interest #tax deduction! 🚗ow.ly/Xjs550XSwfz.
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The WICPA office will close at noon today and remain closed all day tomorrow as we ring in the new year with friends and family. We’ll see you in 2026!
#WICPA #HappyNewYear
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