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Regulatory Roundup: May 29-June 3
Regulatory Roundup
CBO Presentation Effects of Extreme Temperatures From Climate Change on the Medicare Population: Preliminary Results May 31,…
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IRS to Make Its Free Direct File Program a Permanent Option Nationwide
Taxation
The IRS announced that it will make its free Direct File program “a permanent option for filing federal tax returns…
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Atlanta Federal Reserve President Sees Possibility of Interest Rate Cuts in 4th Quarter
The Trusted Professional
Although inflation is still high, the Federal Reserve Board may be in a position to cut interest rates in the fourth quarter…
Read More
Treasury and IRS Issue Proposed Guidance on Clean Energy Tax Credits
Taxation
The U.S. Treasury Department and the IRS released proposed guidance for owners of qualified clean electricity facilities…
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IRS Whistleblower Claims Agency Lags in Investigating Puerto Rico Tax Break Abuse
Taxation
An IRS insider has blown the metaphorical whistle on the tax agency’s failure to investigate individuals who may be taking…
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Attendees at National Public Liaison Meeting Discuss Ways to Expand Use of IRS's ADR Process
The Trusted Professional
How to increase taxpayers' use of the IRS’s alternative dispute resolution (ADR) process was one topic of discussion at…
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Private-Equity Firms Negotiate Settlements with SEC Over Record-Keeping Violations
The Trusted Professional
Some of Wall Street’s biggest private-equity firms have disclosed in their quarterly filings that they are negotiating…
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Crypto Industry Lobbies for Less Stringent Regulation
The Trusted Professional
A bill currently before Congress would move some federal oversight of crypto from the Securities and Exchange Commission…
Read More
Regulatory Roundup: May 21-28
Regulatory Roundup
AICPA CIMA and Datamaran announce ESG offering for finance professionals May 28, 2024 AICPA Submits Suggestions for the…
Read More
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