Trusted Professional

Regulatory Roundup: Jan. 24-30

CBO 

Blog Post
10 Things to Know About CBO
January 30, 2018

Report
Testimony on the Congressional Budget Office’s Work in 2017 and Plans for the Future
January 30, 2018

Cost Estimate
H.R. 3961, Kissimmee River Wild and Scenic River Study Act of 2017
January 26, 2018

Cost Estimate
H.R. 4578, Counter Terrorist Network Act
January 26, 2018

Cost Estimate
H.R. 4555, DHS Interagency Counterterrorism Task Force Act of 2017
January 26, 2018

Cost Estimate
H.R. 4433, Securing DHS Firearms Act of 2017
January 26, 2018

Cost Estimate
H.R. 2711, National Memorial to Fallen Educators Act
January 26, 2018

Cost Estimate
H.R. 443, James K. Polk Presidential Home Study Act
January 26, 2018

Cost Estimate
H.R. 219, Swan Lake Hydroelectric Project Boundary Correction Act
January 26, 2018

Cost Estimate
H.R. 4792, Small Business Access to Capital After a Natural Disaster Act
January 26, 2018

Cost Estimate
H.R. 2255, HOME Act
January 26, 2018

Cost Estimate
H.R. 1426, Federal Savings Association Charter Flexibility Act of 2017.
January 26, 2018

Cost Estimate
H.R. 3851, War Crimes Rewards Expansion Act
January 26, 2018

Presentation
The Pell Grant Program
January 26, 2018

Report
Cash and Accrual Measures in Federal Budgeting
January 26, 2018

Presentation
How the Government Budgets for Student Loans
January 25, 2018

Blog Post
CBO’s Release of Annual Budget and Economic Outlook to Be Delayed
January 24, 2018

Report
Testimony on the Congressional Budget Office’s Work in 2017 and Plans for the Future
January 24, 2018

FASB

Emerging Issues Task Force  [01/18/18]
January 18, 2018 Meeting Recap

FASB Simplifies Adoption of New Leases Standard for Some Land Easements [01/25/18]
Media Advisory
ASU 2018-01

GAO

Coast Guard Health Records:
Timely Acquisition of New System Is Critical to Overcoming Challenges with Paper Process
GAO-18-363T:Published: Jan 30, 2018. Publicly Released: Jan 30, 2018.

VA Disability Benefits:
Opportunities Exist to Better Ensure Successful Appeals Reform
GAO-18-349T:Published: Jan 30, 2018. Publicly Released: Jan 30, 2018.

Coast Guard Health Records:
Timely Acquisition of New System Is Critical to Overcoming Challenges with Paper Process
GAO-18-59:Published: Jan 24, 2018. Publicly Released: Jan 30, 2018.

Inter-American Organizations:
U.S. Agencies Support Oversight Mechanisms but Could Enhance Their Monitoring of U.S. Assistance Agreements
GAO-18-219:Published: Dec 29, 2017. Publicly Released: Jan 29, 2018.

Water and Wastewater Workforce:
Recruiting Approaches Helped Industry Hire Operators, but Additional EPA Guidance Could Help Identify Future Needs
GAO-18-102:Published: Jan 26, 2018. Publicly Released: Jan 26, 2018.

GASB

Understanding Costs and Benefits: Leases  [01/29/18]
Article

IASB

29 January 2018
Join the IFRS Foundation—Head of Content Services required

29 January 2018
Webinar: Business Combinations under Common Control—Scope of the project

29 January 2018
IFRS Foundation updates jurisdiction profiles to reflect decision by 17 African countries to adopt IFRS Standards from 2019

26 January 2018
January 2018 IASB Update published and work plan updated

26 January 2018
Transition to the new IFRS Standard for insurance contracts

25 January 2018
IFRS Standards and their impact on financial stability and long-term investments

25 January 2018
Papua New Guinea adopts IFRS Standards and the IFRS for SMEs Standard

IRS 

IRS Announces 2018 Tax Filing Season Opens with April 17 Deadline; 155 Million Tax Returns Projected, 70 Percent Expect Refunds
IR-2018-14, Jan. 29, 2018 — Marking the beginning of the nation’s tax season, the Internal Revenue Service said today that it successfully started accepting and processing 2017 federal individual income tax returns. More than 155 million returns are expected to be filed this year. 

IRS, Partners Across the Nation Mark Today’s EITC Awareness Day; Taxpayers May Qualify for Significant Tax Benefit
IR-2018-13, Jan. 26, 2018 — The Internal Revenue Service and its partners across the country remind taxpayers about the Earned Income Tax Credit (EITC) on EITC Awareness Day.

IRS Encourages Tribal Communities to Check Out Earned Income Tax Credit
IR-2018-12, Jan 25, 2018 - The Internal Revenue Service urges Native American taxpayers to look into the Earned Income Tax Credit (EITC) and the Child Tax Credit (CTC) to see if they qualify.

IRS: Special Rules Help Many with Disabilities Qualify for Earned Income Tax Credit
IR-2018-11, Jan. 24, 2017 - The Internal Revenue Service wants taxpayers with disabilities and parents of children with disabilities to be aware of the Earned Income Tax Credit (EITC) and correctly claim it if they qualify.

NYS Dept. of Taxation and Finance

Governor Cuomo Announces Tax Credit Available to New York Farmers for Charitable Food Donations

Governor Cuomo Warns New Yorkers of Potential Scams and Promises of Inflated Tax Refunds as Filing Season Opens

Billions in Valuable Tax Credits Available to New Yorkers

New York State Reminds New Yorkers to Protect Themselves from Cyber Crime in Recognition of Data Privacy Day

NYC Dept. of Consumer Affairs

Department of Consumer Affairs and Partners Kick Off the Tax Season with Continued Expansion of NYC Free Tax Prep

PCAOB

PCAOB Board Statement on Passing of Former PCAOB Chairman William McDonough 

SEC

SEC Halts Alleged Initial Coin Offering Scam
Washington D.C., Jan. 30, 2018 —The Securities and Exchange Commission obtained a court order halting an allegedly fraudulent initial coin offering (ICO) that targeted retail investors to fund what it claimed to be the world’s first “decentralized bank.”

SEC Invites Regulated Entities to Voluntarily Submit Self-Assessments of Diversity Policies and Practices
Washington D.C., Jan. 25, 2018 —The Securities and Exchange Commission (SEC) Office of Minority and Women Inclusion (OMWI) today introduced its Diversity Assessment Report for Entities Regulated by the SEC.