WipFli partners with cybersecurity company Paladion

Cybercrime is on the rapid rise; Accounting firms who are proactive on security services are placing themselves ahead of the curve.


House passes bill to help workers save for retirement

The bipartisan legislation will provide more retirement planning options for accountants to advise small business clients about, while also fixing a glitch in the Tax Cuts and Jobs Act that imposed the kiddie tax on children of deceased service members.


Tax Fraud Blotter: An ID is a terrible thing to waste

Flag on the play; range of misdeeds; economic development; and other highlights of recent tax cases.


House votes to ease rules for IRAs, makes fixes to Trump tax law

The U.S. House of Representatives approved legislation that relaxes the rules for retirement savers and corrects an unintended side-effect of the 2017 tax law that hit children of military members who died in combat with higher-than-expected tax bills.


Companies lag on getting ready for CECL

Many banks and financial institutions are encountering challenges in preparing for the Financial Accounting Standards Board’s credit losses standard, according to a new survey.


Making the choice between state-sponsored retirement plans and traditional 401(k)s

As the U.S. retirement savings crisis continues to grow, legislators are taking steps to ensure all employees have access to formal retirement savings programs.


How to prepare your firm’s marketing budget and plan

You must understand what your business wants to be and where it wants to go in order to market it effectively.


Judge rejects Trump effort to block Deutsche Bank subpoena

A federal judge in New York rejected President Donald Trump’s request to keep his banks from producing financial records to lawmakers, handing House Democrats a second convincing courtroom win this week in their efforts to delve into the president’s finances.


Bernie Sanders revives plan to tax stock, bond and derivatives trades

Democratic presidential candidate Bernie Sanders introduced legislation that would impose a tax on trades of all stocks, bonds and derivatives in the U.S., a move he says would help curb Wall Street speculation and help finance his campaign promise to provide tuition-free college and cut student debt.


In the blogs: Carrots and sticks

Auditors and people; whistleblowers’ comfort; Wayfair developments; and other highlights from our favorite tax bloggers.