Regulatory Roundup: Jan. 16-22
CBO
Cost Estimate
H.R. 268, Supplemental Appropriations Act, 2019, Including Further Continuing Appropriations
Presentation
Navy Ship Construction: From the Budget Control Act to Building a New Fleet
January 17, 2019
Blog Post
CBO to Release Budget and Economic Outlook on January 28
January 15, 2019
FAF
FAF Trustees Name New Members to the FASAC [12/18/18]
News Release
FAF Trustees Reappoint GASAC Chair, Announce New Members and Reappointments [12/18/18]
News Release
GAO
Housing Finance:
Prolonged Conservatorships of Fannie Mae and Freddie Mac Prompt Need for Reform
GAO-19-239: Published: Jan 18, 2019. Publicly Released: Jan 18, 2019.
Climate Change:
Activities of Selected Agencies to Address Potential Impact on Global Migration
GAO-19-166: Published: Jan 17, 2019. Publicly Released: Jan 17, 2019.
Defense Management:
DOD Needs to Implement Statutory Requirements and Identify Resources for Its Cross-Functional Reform Teams
GAO-19-165: Published: Jan 17, 2019. Publicly Released: Jan 17, 2019.
Drug Control:
DOD Should Improve Its Oversight of the National Guard Counterdrug Program
GAO-19-27: Published: Jan 17, 2019. Publicly Released: Jan 17, 2019.
Military and Veteran Support:
Detailed Inventory of Federal Programs to Help Servicemembers Achieve Civilian Employment
GAO-19-97R: Published: Jan 17, 2019. Publicly Released: Jan 17, 2019.
Transportation Security Acquisition Reform Act:
TSA Generally Addressed Requirements, but Could Improve Reporting on Security-Related Technology
GAO-19-96: Published: Jan 17, 2019. Publicly Released: Jan 17, 2019.
Health Information Technology:
Approaches and Challenges to Electronically Matching Patients' Records across Providers
GAO-19-197: Published: Jan 15, 2019. Publicly Released: Jan 15, 2019.
Supplemental Nutrition Assistance Program:
Actions Needed to Better Measure and Address Retailer Trafficking
GAO-19-167: Published: Dec 14, 2018. Publicly Released: Jan 15, 2019.
Bureau of Reclamation:
Water Reuse Grant Program Supports Diverse Projects and Is Managed Consistently with Federal Regulations
GAO-19-110: Published: Dec 13, 2018. Publicly Released: Jan 15, 2019.
IASB
18 January 2019
Join the IFRS Foundation—IT and AV Technician
16 January 2019
Comment on the proposed general improvements to the IFRS Taxonomy 2018 by Monday 4 February
IRS
Treasury, IRS issue final regulations, other guidance on new qualified business income deduction; Safe harbor enables many rental real estate owners to claim deduction
IR-2019-04, January 18, 2019 — Today the Treasury Department and the Internal Revenue Service issued final regulations and three related pieces of guidance, implementing the new qualified business income (QBI) deduction (section 199A deduction).
IRS waives penalty for many whose tax withholding and estimated tax payments fell short in 2018
IR-2019-03, January 16, 2019 — The Internal Revenue Service announced today that it is waiving the estimated tax penalty for many taxpayers whose 2018 federal income tax withholding and estimated tax payments fell short of their total tax liability for the year.
IRS Operations During the Appropriations Lapse
January 15, 2019 - Due to the lapse in appropriations, most IRS operations are closed during the shutdown. An IRS-wide furlough began on December 22, 2018, that affects many operations. During this period, the IRS reminds taxpayers that the underlying tax laws remain in effect, and all taxpayers should continue to meet their tax obligations as normal.
NYC Dept. of Finance
January 15, 2019
Department of Finance Publishes FY19 Tentative Assessment Roll
NYS Dept. of Taxation and Finance
Tax Filing Tips from the New York State Tax Department
SEC
Statement on EDGAR Hacking Enforcement Action
Jan 15, 2019
SEC Brings Charges in Edgar Hacking Case
Washington D.C., Jan. 15, 2019 —The Securities and Exchange Commission today announced charges against nine defendants for participating in a previously disclosed scheme to hack into the SEC’s EDGAR system and extract nonpublic information to use for illegal trading. The SEC charged a Ukrainian hacker, six individual traders in California, Ukraine, and Russia, and two entities. The hacker and some of the traders were also involved in a similar scheme to hack into newswire services and trade on information that had not yet been released to the public. The SEC charged the hacker and other traders for that conduct in 2015 (see here, here and here).