Regulatory Roundup: April 18-24
AICPA
Apr 19
Affluent Americans Use Their Tax Return to Guide Financial Plan: AICPA Survey
CBO
Cost Estimate
S. 79, Securing Energy Infrastructure Act
April 23, 2018
Cost Estimate
H.R. 4, FAA Reauthorization Act of 2018
April 23, 2018
Blog Post
How the 2017 Tax Act Affects CBO’s Projections
April 20, 2018
Cost Estimate
H. Con. Res. 115, a concurrent resolution authorizing the use of the Capitol Grounds for the National Peace Officers Memorial Service and the National Honor Guard and Pipe Band Exhibition
April 19, 2018
Cost Estimate
H. Con. Res. 113, a concurrent resolution authorizing the use of the Capitol Grounds for the Greater Washington Soap Box Derby
April 19, 2018
Cost Estimate
S. 2527, Small Business Investment Opportunity Act of 2018
April 19, 2018
Presentation
The Budget Outlook for 2018 to 2028 in 11 Slides
April 19, 2018
Blog Post
CBO’s Projections of Deficits and Debt for the 2018–2028 Period
April 19, 2018
Cost Estimate
H.R. 5005, a bill to direct the Secretary of the Interior to conduct a special resource study to determine the suitability and feasibility of establishing the birthplace of James Weldon Johnson in Jacksonville, Florida, as a unit of the National Park...
April 18, 2018
Cost Estimate
H.R. 3288, Northern Border Regional Commission Reauthorization Act of 2017
April 18, 2018
Cost Estimate
H.R. 3170, Small Business Development Center Cyber Training Act of 2017
April 18, 2018
Cost Estimate
H.R. 2655, Small Business Innovation Protection Act of 2017
April 18, 2018
Cost Estimate
S. 791, Small Business Innovation Protection Act of 2017
April 18, 2018
Cost Estimate
H.R. 3144, a bill to provide for the operations of the Federal Columbia River Power System pursuant to a certain operation plan for a specified period of time, and for other purposes
April 18, 2018
Cost Estimate
H.R. 5345, ALSTAR Act
April 18, 2018
Report
Testimony on CBO’s Appropriation Request for Fiscal Year 2019
April 18, 2018
Report
Effects of the 2017 Tax Act on Income Accruing to Foreign Investors
April 18, 2018
Blog Post
CBO’s Projections of Revenues for the 2018–2028 Period
April 18, 2018
FAF
Our Search for New Trustees [04/23/18]
Terri Polley LinkedIn Blog
FASB
FASB Outlook E-Newsletter Q2 2018 [04/23/18]
Newsletter
GAO
Cybersecurity:
DHS Needs to Enhance Efforts to Improve and Promote the Security of Federal and Private-Sector Networks
GAO-18-520T:Published: Apr 24, 2018. Publicly Released: Apr 24, 2018.
Hanford Waste Treatment Plant:
DOE Needs to Take Further Actions to Address Weaknesses in Its Quality Assurance Program
GAO-18-241:Published: Apr 24, 2018. Publicly Released: Apr 24, 2018.
Office of Navajo and Hopi Indian Relocation:
Executive Branch and Legislative Action Needed for Closure and Transfer of Activities
GAO-18-266:Published: Apr 24, 2018. Publicly Released: Apr 24, 2018.
National Preparedness:
FEMA Has Taken Steps to Strengthen Grant Management, But Challenges Remain in Assessing Capabilities
GAO-18-512T:Published: Apr 23, 2018. Publicly Released: Apr 23, 2018.
Transitioning Veterans:
Coast Guard Needs to Improve Data Quality and Monitoring of Its Transition Assistance Program
GAO-18-135:Published: Apr 19, 2018. Publicly Released: Apr 19, 2018.
2020 Census:
Continued Management Attention Needed to Mitigate Key Risks Jeopardizing a Cost-Effective and Secure Enumeration
GAO-18-416T:Published: Apr 18, 2018. Publicly Released: Apr 18, 2018.
Gas Pipeline Safety:
Stakeholders' and Officials' Views on Federal Odorizing Requirements
GAO-18-409:Published: Apr 18, 2018. Publicly Released: Apr 18, 2018.
Immigration Courts:
Observations on Restructuring Options and Actions Needed to Address Long-Standing Management Challenges
GAO-18-469T:Published: Apr 18, 2018. Publicly Released: Apr 18, 2018.
Immigration Detention:
Opportunities Exist to Improve Cost Estimates
GAO-18-343:Published: Apr 18, 2018. Publicly Released: Apr 18, 2018.
KC-46 Tanker Modernization:
Program Cost Is Stable, but Schedule May Be Further Delayed
GAO-18-353:Published: Apr 18, 2018. Publicly Released: Apr 18, 2018.
Food Safety:
USDA Should Take Further Action to Reduce Pathogens in Meat and Poultry Products
GAO-18-272:Published: Mar 19, 2018. Publicly Released: Apr 18, 2018.
IASB
23 April 2018
Sue Lloyd: IFRS 9 and equity investments
19 April 2018
New supporting materials for the IFRS for SMEs Standard available
18 April 2018
Webinar: Introducing the revised Conceptual Framework for Financial Reporting
18 April 2018
TRG for IFRS 17 Insurance Contracts—agenda papers for May 2018 meeting are available now
IRS
Missed the tax-filing deadline? IRS issues tips on what to do
IR-2018-102, April 23, 2018 — While the federal income tax-filing deadline has passed for most people, there are some taxpayers still facing tax-related issues.
IRS systems are back up and running; millions of tax returns accepted; Taxpayers have until midnight Wednesday to file their taxes
IR-2018-101, April 18, 2018 — The Internal Revenue Service said today the agency’s processing systems are fully back up and running.
NYC Dept. of Finance
April 20, 2018
Finance Memoranda #18-4 April 20, 2018 Deemed Repatriation Income under the General Corporation Tax, the Banking Corporation Tax, and the Unincorporated Business Tax
SEC
Altaba, Formerly Known as Yahoo!, Charged With Failing to Disclose Massive Cybersecurity Breach; Agrees To Pay $35 Million
Washington D.C., April 24, 2018 —The Securities and Exchange Commission today announced that the entity formerly known as Yahoo! Inc. has agreed to pay a $35 million penalty to settle charges that it misled investors by failing to disclose one of the world’s largest data breaches in which hackers stole personal data relating to hundreds of millions of user accounts.
SEC Charges Additional Defendant in Fraudulent ICO Scheme
Washington D.C., April 20, 2018 —The Securities and Exchange Commission today announced additional fraud charges stemming from an investigation of Centra Tech Inc.’s $32 million initial coin offering. In an amended complaint filed today, the SEC charged one of Centra’s co-founders, Raymond Trapani, in a fraudulent scheme related to Centra’s 2017 ICO, in which the company issued “CTR Tokens” to investors. Earlier this month, the SEC and criminal authorities charged Centra’s two other co-founders, Sohrab “Sam” Sharma and Robert Farkas, for their roles in the scheme.
SEC Proposes to Enhance Protections and Preserve Choice for Retail Investors in Their Relationships With Investment Professionals
Washington D.C., April 18, 2018—The Securities and Exchange Commission today voted to propose a package of rulemakings and interpretations designed to enhance the quality and transparency of investors’ relationships with investment advisers and broker-dealers while preserving access to a variety of types of advice relationships and investment products.