| Whitley Penn launches strategic consulting services practice; Illinois CPA Society announces 2019 Excel Award winners; and more CPA news. | Veterans set to receive automatic coronavirus stimulus payments → | | By Michael Cohn 2 min read | | The Treasury Department and the Internal Revenue Service are partnering with the U.S. Department of Veterans Affairs to deliver economic impact payments automatically to veterans and their beneficiaries, without filling out extra forms, in response to the COVID-19 pandemic. | |
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| Small companies avoid internal controls attestations by taking on debt → | | By Michael Cohn 4 min read | | The Securities and Exchange Commission recently voted to exempt many smaller public companies from the Sarbanes-Oxley requirement for auditor attestations of their internal controls over financial reporting, but many companies have been able to bypass those audits anyway. | |
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