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Biden Administration Proposes New Regulations to Lower Cost of Student Loan Repayments
NextGen
Student-loan holders would be able to pay down their debt using income-driven repayment plans under regulations proposed by…
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Powell: Federal Reserve Should Maintain Independence, Mostly Avoid Climate Issues
The Trusted Professional
The Federal Reserve Board should maintain its independence and avoid other issues that are not within its mandate, Chair…
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House GOP Attempts to Repeal Funding to IRS
Taxation
In one of its first actions, the new Republican majority in the U.S. House of Representatives moved to rescind most of the…
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Some Remote Work May Be Here To Stay Because Workers Like It, Economists Say
NextGen
Remote work is not over yet, despite a looming recession, waves of layoffs, and increasing pressures from companies to force…
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DOJ Investigating Binance for Possible Money Laundering Violations
Trusted Professional
The U.S. Attorney’s Office for the Western District of Washington in Seattle has issued subpoenas to some investment…
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IRS Issues Nearly $15B in Refunds After Correcting for 2020 Unemployment Compensation Tax Overpayments
Taxation
The IRS has made corrections to the tax year 2020 accounts for taxpayers who overpaid their taxes on unemployment…
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Regulatory Roundup: January 4-9
Regulatory Roundup
AICPA AICPA Unveils Blueprints for Redesigned CPA…
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New Retirement Savings Law Will Aid Freelance Workers and Others
NextGen
Many Americans, including freelance workers, will be better able to save for retirement thanks to a section of the omnibus…
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FTC Moves to Ban Noncompete Clauses
The Trusted Professional
The Federal Trade Commission (FTC) has proposed a rule to ban employers from imposing noncompete clauses on employees,…
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