Regulatory Roundup: Jan. 31-Feb. 6
CBO
Report
Testimony on the Congressional Budget Office’s Baseline Projections and Cost Estimates: Process and Principles
February 6, 2018
Report
How CBO Prepares Baseline Budget Projections
February 5, 2018
Report
How CBO Prepares Cost Estimates
February 5, 2018
Presentation
Prospects for DoD’s Budget Over the Next Decade
February 5, 2018
Working Paper
How CBO Produces Its 10-Year Economic Forecast: Working Paper 2018-02
February 2, 2018
Cost Estimate
H.R. 4771, Small Bank Holding Company Relief Act of 2018
January 31, 2018
Cost Estimate
H.R. 4465, Endangered Fish Recovery Programs Extension Act of 2017
January 31, 2018
Cost Estimate
H.R. 4263, Regulation At Improvement Act of 2017
January 31, 2018
Report
Federal Debt and the Statutory Limit, January 2018
January 31, 2018
FASB
Representatives of the Financial Accounting Standards Board and the Accounting Standards Board of Japan Hold Biannual Meeting [02/02/18]
News Release
GAO
Commonwealth of the Northern Mariana Islands:
Recent Economic Trends and Preliminary Observations on Workforce Data
GAO-18-373T:Published: Feb 6, 2018. Publicly Released: Feb 6, 2018.
Department of Energy:
Continued Actions Needed to Modernize Nuclear Infrastructure and Address Management Challenges
GAO-18-374T:Published: Feb 6, 2018. Publicly Released: Feb 6, 2018.
Medicaid Assisted Living Services:
Improved Federal Oversight of Beneficiary Health and Welfare is Needed
GAO-18-179:Published: Jan 5, 2018. Publicly Released: Feb 5, 2018.
Federal Criminal Restitution:
Most Debt Is Outstanding and Oversight of Collections Could Be Improved
GAO-18-203:Published: Feb 2, 2018. Publicly Released: Feb 2, 2018.
Aviation Security:
TSA Uses Current Assumptions and Airport-Specific Data for Its Staffing Process and Monitors Passenger Wait Times Using Daily Operations Data
GAO-18-236:Published: Feb 1, 2018. Publicly Released: Feb 1, 2018.
Foreign Military Sales:
DOD Should Take Additional Steps to Streamline Process for Assessing Potential Recovery of Certain Acquisition Costs
GAO-18-242:Published: Jan 31, 2018. Publicly Released: Jan 31, 2018.
Forest Service:
Improvements Needed in Internal Controls over Budget Execution Processes
GAO-18-56:Published: Jan 31, 2018. Publicly Released: Jan 31, 2018.
Small Business Research Programs:
Agencies Need to Take Steps to Assess Progress Toward Commercializing Technologies
GAO-18-207:Published: Jan 31, 2018. Publicly Released: Jan 31, 2018
GASB
GASB Requests Public Input on Revenue and Expense Recognition [02/01/18]
News Release
Invitation to Comment
IASB
05 February 2018
International Accounting Standards Board to issue Plan Amendment, Curtailment or Settlement (Amendments to IAS 19 Employee Benefits)
31 January 2018
First podcast of 2018 now available
IRS
IRS Announces 2018 Pension Plan Limitations Not Affected by Tax Cut and Jobs Act of 2017
IR-2018-19, Feb. 6, 2018— The Internal Revenue Service today announced that the Tax Cut and Jobs Act of 2017 does not affect the tax year 2018 dollar limitations for retirement plans announced in IR 2017-177 and detailed in Notice 2017-64.
IRS Encourages Taxpayers to Renew ITINs; Delays Expected for Those Who Missed Deadline
IR-2018-18, Feb. 5, 2018 — The Internal Revenue Service urges taxpayers with expired Individual Taxpayer Identification Numbers (ITINs) to renew them as soon as possible.
Tax Pros Urged to Step Up Security as Filing Scheme Emerges, Reminded to Report Data Thefts
IR-2018-17, Feb. 2, 2018 – Seeing the emergence of a new filing season scam, the Internal Revenue Service today urged tax professionals to step up security and beware of phishing emails that can secretly download malicious software that can help cybercriminals steal client data.
NYS Dept. of Taxation and Finance
A.G. Schneiderman And Acting Tax Commissioner Manion Announce Guilty Plea Of Steuben County Restauranteur For Failing To Pay Over $175K In Sales Tax
PCAOB
PCAOB Board Member J. Robert Brown Sworn into Office Today
Washington, Feb. 1, 2018
SEC
SEC Halts Ongoing Fraud by Purported Hedge Fund Manager
Washington D.C., Feb. 2, 2018 —The Securities and Exchange Commission today charged a purported hedge fund manager in New York City with a brazen offering and investment adviser fraud thereby putting an end to an ongoing scheme.
Alleged Perpetrator of Ski Slope Investment Scheme Agrees to Pay Back Investor Money, Surrender Properties
Washington D.C., Feb. 2, 2018 —The Securities and Exchange Commission today announced that the Miami-based businessman behind an alleged scheme involving investments in a Vermont-based ski resort has agreed to pay back more than $81 million of investor money that he used illegally.
TIGTA
Some Legal Requirements to Deactivate Individual Taxpayer Identification Numbers Have Not Been Met