The National Association of State Boards of Accountancy, the American Institute of CPAs and testing administrator Prometric have launched the Continuous Testing model for U.S. CPA Exam candidates, due to the ongoing coronavirus pandemic, effective July 1, 2020.
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July 6, 2020
Upcoming Events July 6, 2020
Continuous CPA Exam testing for U.S. candidates begins
By Sean McCabe      1 min read
The National Association of State Boards of Accountancy, the American Institute of CPAs and testing administrator Prometric have launched the Continuous Testing model for U.S. CPA Exam candidates, due to the ongoing coronavirus pandemic, effective July 1, 2020.
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Mnuchin says he may consider second tax due-date extension
By Saleha Mohsin and Laura Davison     1 min read
Treasury Secretary Steven Mnuchin said he may consider a second extension in the U.S. tax filing deadline as the coronavirus pandemic continues.
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New Taxpayer Advocate sees tax challenges from CARES Act
By Michael Cohn     8 min read
National Taxpayer Advocate Erin Collins released her first report to Congress Monday, discussing some of the difficulties confronting taxpayers and the IRS during the COVID-19 pandemic.
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IRS says it will not extend tax filing deadline beyond July 15
By Laura Davison     1 min read
The Internal Revenue Service won’t further delay the tax filing and payment deadline past July 15, despite requests to do so, the agency said Monday.
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IRS expands relief for coronavirus-related retirement plan withdrawals
By Michael Cohn     3 min read
The Internal Revenue Service provided guidance on expanded eligibility and more.
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Procrastination may pay this tax season, IRS says
By Laura Davison and Allyson Versprille     2 min read
Taxpayers who are owed a refund may also get a second check this year if they took advantage of the July 15 extended filing deadline, according to the Internal Revenue Service.
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Tax filing deadlines in the time of coronavirus
By Joshua Ashman     3 min read
The extension also applies to Americans living abroad who would otherwise generally have had a filing deadline of June 15.
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A post-pandemic to-do list
By Danielle Lee     8 min read
Accounting’s thought leaders predict how the profession can expect to successfully emerge from the crisis.
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Wirecard auditors say ‘elaborate’ fraud led to missing billions
By Natalia Drozdiak, Steven Arons and Sarah Syed     4 min read
Wirecard auditors say ‘elaborate’ fraud led to missing billions
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CPA firms down, but not out, from COVID-19, survey finds
By Sean McCabe     3 min read
A recent webinar hosted by Inovautus Consulting found that polled firms are largely optimistic about the future, but marketing and advisory services remain vital amid the pandemic.
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