The Office of Management and Budget has received a final rule from the IRS titled “Electronically Filed Returns”.
Representatives Bill Huizenga (R-MI) and Blaine Luetkemeyer (R-MO) have introduced HR 8521, the Investor Democracy is Expected (INDEX) Act.
The IRS has announced the postponement of certain tax-related deadlines for victims of a water shortage and health impact from unprecedented sargassum seagrass influx on the island of St. Croix, U.S. Virgin Islands.
Effective July 27, 2022, the Federal prime interest rate increased from 4.75 percent to 5.50 percent.
The Department of Labor has announced a proposed amendment to the Class Prohibited Transaction Exemption 84-14, also known as the Qualified Professional Asset Manager (QPAM) Exemption.
Representative Warren Davidson (R-OH) has introduced HR 8331, a bill that would provide for a suspension of RMDs from retirement plans and IRAs for the 2022 calendar year.
A Proposed Rule titled “Proposed Amendment to PTE 84-14 for Plan Asset Transactions Determined by an Independent Qualified Plan Asset Manager” (QPAM) has left the Office of Management and Budget.
The Department of Labor has posted online its upcoming guidance priorities.
The Senate Finance Committee conducted a hearing today to consider the Enhancing American Retirement Now (EARN) Act.
The Davis-Bacon Act (DBA) has played a major role in the construction industry for over 90 years.