2021 Wisconsin Acts 1 & 2

Gov. Tony Evers today signed Assembly Bill 2, now 2021 Wisconsin Act 1, providing approximately $450 million in tax relief to Wisconsin businesses and $30 million more in tax relief to low-income families by adopting federal changes to align state tax law. Most...

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Effect of New Federal Law on 2020 Wisconsin Tax Returns

The Wisconsin Department of Revenue recently published a bulletin describing the effect of new federal law changes on 2020 Wisconsin tax returns.     The federal Consolidated Appropriations Act, 2021 (Public Law 116-260) was enacted on December 27, 2020. The...

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PPP: Second Draw Loan and Revised Borrower Application

The SBA has recently released a top-line overview describing the criteria for those who may qualify for a second draw of Paycheck Protection Program (PPP) loans as well as the application form for the second draw loan and a revised application for new borrowers. Click...

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