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Show Notes

• 07:02 - Treasury Department, IRS will not extend Tax Day a second time - CNBC
• 07:09 - July 15 Filing Date — Not to Move – AICPA
  • In March, the AICPA advocated to move the deadlines to October 15 - AICPA 
  • Some AICPA tweet (and replies) about the filing extension issue – Twitter 
• 09:10 - Tax TeleGraf tweet on reasons you can control vs. can’t control: - Twitter
• 11:10 -  IRS will not postpone July 15 deadline - Journal of Accountancy  
• 12:02 - Wirecard’s Adventure-Seeking No. 2 Was Key to the Firm’s Rapid Rise. Then He Disappeared. - WSJ
• 12:58 - Wirecard ex-COO Marsalek's entry into Philippines was faked, minister says - Reuters
• 14:40 -  More Wirecard discussion from last week's episode, 181
• 16:17 -  Wirecard Scandal Puts Spotlight on Auditor Ernst & Young - WSJ
• 17:05 -  Wirecard Exposes Big 4 Accounting Lapses Endure Post-Enron – Claims Journal 
• 20:06 -  Your Wirecard E-Cash Was Safe Until It Wasn’t - Bloomberg
• 21:24 - SoftBank Wants Out Of Wirecard Partnership | PYMNTS.com 
• 22:27 - Corporate audits fell 71% as coronavirus crippled IRS – Accounting Today 
• 22:33 - Millionaires face near-zero chance of IRS audit — for now – Accounting Today   
• 23:12 - IRS wasting millions on audits with no results, watchdog says – Accounting Today 
• 26:05 -  IRS chief pledges to work with Congress on examining tax code's role in racial wealth disparities – The Hill
• 26:59 - House joins Senate in approving 5-week PPP extension - Journal of Accountancy 
  • Senate passes extension of small business loan program – Accounting Today 
• 27:50 - Has There Been $1 Billion in PPP Fraud? - Entrepreneur
• 29:19 - Watchdog’s deceased mother one of 1.1M to get stimulus check – Accounting Today 
• 29:58 -  What Should Business Owners Do After They Run Out of PPP Loan Money? - AccountingWEB 
• 33:09 -  In the Covid-19 Economy, You Can Have a Kid or a Job. You Can’t Have Both. - The New York Times 

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Transcript

If you...