With the increase in measures taken to reduce the spread of COVID-19, Prometric has announced that it will extend the closure of test centers in the U.S. and Canada through April 30, with planned resumption of testing on May 1 across the United States and Canada. Earlier, this closure was expected to last until April […]
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Prometric Extends Temporary Closures for Some Centers
BREAKING NEWS. With the increase in measures taken to reduce the spread of COVID-19, Prometric has announced that it will be extending the temporary closure to at least May 1st across the United States and Canada. Earlier, this closure was expected to last until April 16th. This step is being taken to further protect the […]
5 tips for college graduates entering the workforce
Congratulations! You’re a new graduate! You’ve made it through four years of rigorous study hours and assignments that made you question your sanity. Now you’re part of the “real world,” so you can put all the knowledge and skills you have obtained to good use. But, your knowledge will only take you so far; you’re […]
IMA Global CMA Survey Results – The Key Findings
For many years, IMA has conducted a salary survey of its members around the world for the sixth consecutive year, comparing compensation, assessing the value of education and certification, and more. Spanning more than 4,000 responses, and 80 different countries, we’ve gathered the high-level key findings from the survey below! CMAs Earn 60% More Than […]
NASBA, AICPA and Prometric issue joint statement announcing emergency testing period
In an email sent to CPA Exam candidates on March 25, 2020, NASBA, AICPA and Prometric announced their decision to offer additional testing opportunities. The 2020 Q2 testing window will be extended from June 10, 2020, to June 30, 2020, (what was previously a blackout period). Previously, Prometric announced it would be closing its testing […]
How COVID-19 Is Impacting Tax Filing
With the Coronavirus pandemic across the United States, the US treasury secretary has announced that Americans will have an additional three months to file their taxes. This means that ‘Tax Day’ is now July 15th – and all taxpayers and businesses will have this additional time to file and make payments without interest or penalties. […]
IMA Announces Extended Testing Window
BREAKING NEWS.Institute of Management Accountants (IMA) just announced their response to the outbreak of COVID-19 in light of recent news of Prometric testing centure closures. In an email distributed to CMA candidates on March 19th, Dennis Whitney, CMA, Senior Vice President of ICMA wrote that they would be lengthening the upcoming CMA Exam testing window […]
Form 1040 Filing Date Not Extended
Treasury Secretary Steven Mnuchin stated at a press conference on March 17, 2020 that the payment deadline would be extended 90 days from April 15, 2020. His comments did not alter the Form 1040 filing deadline of April 15, 2020. Individuals can defer up to $1M, and corporations are able to defer up to $10M […]
Non-Filers Beware
The IRS recently announced a renewed focus on non-filers by way of Information Release 2020-34 and Fact Sheet 2020-2. Both were issued on February 19, 2020 and warn of the IRS increasing face-to-face visits with high-income taxpayers who have not filed tax returns in 2018 or previous years. The IRS has hired additional enforcement personnel […]