Treasury
3-MO 3.89% unch 6-MO 3.98% -2bp 1-YR 4.03% -1bp 2-YR 4.18% -2bp 3-YR 4.24% -1bp 5-YR 4.33% unch 7-YR 4.47% unch 10-YR 4.63% unch 20-YR 5.18% unch 30-YR 5.17% -1bp 3-MO 3.89% unch 6-MO 3.98% -2bp 1-YR 4.03% -1bp 2-YR 4.18% -2bp 3-YR 4.24% -1bp 5-YR 4.33% unch 7-YR 4.47% unch 10-YR 4.63% unch 20-YR 5.18% unch 30-YR 5.17% -1bp 3-MO 3.89% unch 6-MO 3.98% -2bp 1-YR 4.03% -1bp 2-YR 4.18% -2bp 3-YR 4.24% -1bp 5-YR 4.33% unch 7-YR 4.47% unch 10-YR 4.63% unch 20-YR 5.18% unch 30-YR 5.17% -1bp 3-MO 3.89% unch 6-MO 3.98% -2bp 1-YR 4.03% -1bp 2-YR 4.18% -2bp 3-YR 4.24% -1bp 5-YR 4.33% unch 7-YR 4.47% unch 10-YR 4.63% unch 20-YR 5.18% unch 30-YR 5.17% -1bp 3-MO 3.89% unch 6-MO 3.98% -2bp 1-YR 4.03% -1bp 2-YR 4.18% -2bp 3-YR 4.24% -1bp 5-YR 4.33% unch 7-YR 4.47% unch 10-YR 4.63% unch 20-YR 5.18% unch 30-YR 5.17% -1bp 3-MO 3.89% unch 6-MO 3.98% -2bp 1-YR 4.03% -1bp 2-YR 4.18% -2bp 3-YR 4.24% -1bp 5-YR 4.33% unch 7-YR 4.47% unch 10-YR 4.63% unch 20-YR 5.18% unch 30-YR 5.17% -1bp
US Treasury par yield curve · Aug 5 · Source: U.S. Treasury
Thursday, August 6, 2026
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MONEY & WORLD
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Form 8-K

CreditRiskMonitor is restating five quarters and two years after a nexus study found it had not been collecting sales tax, and it puts the bill at about $1.98m

Money & World
The Editorial Team ·
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CreditRiskMonitor.com has no headquarters. The company says so in a footnote to its own cover page: it is remote only, and stockholder communications go to an agent for service of process in Las Vegas.

On Thursday morning it told the Securities and Exchange Commission that a nexus study, run with an outside tax adviser, had found it had economic and physical nexus in state and local jurisdictions where it had historically not been collecting and remitting sales and use tax, and had not been filing income taxes.

The consequence is a restatement.

What comes off the record

The audit committee reached its conclusion on 3 August, after discussion with management and with CohnReznick LLP, the company's independent registered public accounting firm. Seven sets of figures should no longer be relied upon.

Five are unaudited quarterly statements. They are the quarters ended 30 June 2025, 30 September 2025, 30 September 2024, 31 March 2026 and 31 March 2025, and two audited annual statements follow them, for the years ended 31 December 2025 and 31 December 2024. The list is not continuous. The quarter ended 30 June 2024 is absent, and the filing gives no reason.

The company says it plans to restate all seven.

The numbers, and what they are worth

The filing is careful about their status, and so is this. The company expects to record a sales tax liability of approximately $1,767 thousand, described as sales tax plus interest, and an income tax liability of approximately $210 thousand, described as income tax plus interest. It expects the adjustments to fall primarily on accrued liabilities, income tax liabilities, retained earnings, selling, general and administrative expenses, interest expense and income tax expense.

The review is continuing. The company says the amounts are preliminary estimates that could change as more information arrives.

The control finding

Alongside the restatement the company identified a material weakness in internal control over financial reporting, and concluded that its controls and procedures for identifying, monitoring and evaluating state and local tax nexus requirements were ineffective. Management has written a remediation plan. Its conclusions on internal control will appear in the 2026 annual report on Form 10-K, which the company says it expects to file on time.

CreditRiskMonitor trades over the counter as CRMZ, and the Commission's own records classify it under standard industrial classification 7320, consumer credit reporting and collection agencies. No enforcement action is disclosed in the filing and none is implied by it. The company issued no press release, so the filing is the announcement.

The document: CreditRiskMonitor.com, Inc. Form 8-K, Item 4.02 non-reliance on previously issued financial statements, event dated 3 August 2026, filed 6 August 2026.

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