News

Traditional vs. Roth 401(k)

Let’s dive into a topic that's crucial for anyone planning for retirement: Roth vs. Traditional 401(k) accounts. Choosing between these two options can significantly impact your financial future, so ...

WI Tax Changes

Milwaukee City and County Sales and Use Tax

Beginning January 1, 2024:

• City of Milwaukee imposes a new 2% sales and use tax

• Milwaukee County sales and use tax increases from 0.5% to 0.9%

...

Updated Form I-9 Now Available

A new Form I-9 was released on August 1, 2023. After October 31, 2023, the prior version of Form I-9 will be obsolete and no longer valid for use.

Form I-9 is used to document verification of the ...

3rd Quarter Estimated Taxes due 9/15

September 15th is almost here. Do you know what that means? No, we're not just getting you hyped up for apple picking and pumpkin lattes in mid-September. Your third quarter tax estimates are due ...

Illinois Secure Choice Retirement Savings Program

If  you  are  a  business  operating  in  Illinois,  you  may  now  be  required  to  facilitate  the  “Illinois  Secure  Choice  Retirement Savings Program.” This program started in 2018, but it was ...

Tax Tips for Summertime Activities

For many people, summertime means change. Whether it's a life change, like a marriage, or a typical summer event, like sending the kids to camp, things people do in summer can affect their income ...

Recent Scams

QuickBooks Renewal Phone Scam

If you receive a phone call with a transcript similar to the following, beware that it is a scam:

“This is an automated reminder message from QuickBooks Support ...

WI Personal Property Tax Repealed

Big news! On June 20, 2023, Wisconsin Governor Tony Evers signed Assembly Bill 245 (AB 245), repealing Wisconsin's personal property tax, and certain filing requirements associated with the tax. The ...

Chrome Web Browser Security Vulnerabilities

On June 1, Google discovered that a “zero-day security vulnerability” in its Chrome web browser is being actively exploited. A zero-day vulnerability is an undiscovered flaw in an application or ...

Beware (Again!) of Employee Retention Credit Scams

We have discussed this in the newsletter before, but recently the scamming has ramped up and new warnings are being issued. The IRS is warning small businesses and tax-exempt organizations to steer ...