Legislation introduced Friday would exclude qualified catastrophe mitigation payments from gross income, officials said. The legislation, Disaster Mitigation and Tax Parity Act of 2025, was introd...
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The Consumer Financial Protection Bureau (CFPB) recently ordered Wise, a UK-based electronic money services provider, to pay nearly $2.5 million for a series of illegal actions. Wise’s service al...
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U.S. Sen. Ron Wyden (D-OR) is seeking answers from Treasury Secretary Scott Bessent following a report that personnel associated with Elon Musk sought access to a Treasury Department payment system. ...
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A bipartisan group of senators introduced legislation last week to help small business owners integrate digital tools into their businesses. The Small Business Technological Advancement Act (S.305)...
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U.S. Sens. Mike Crapo (R-ID) and Ron Wyden (D-OR) released a discussion draft of a bill that seeks to make several changes to procedure and administration at the Internal Revenue Service (IRS). The...
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The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), have agreed to extend the compliance date for the amendments to Form PF. Form PF is the confidentia...
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Legislation introduced by U.S. Rep. Randy Feenstra (R-IA) and U.S. Sen. Joni Ernst (R-IA) would strengthen the accountability of the Supplemental Nutrition Assistance Program (SNAP). The Snap Back...
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U.S. Reps. Mike Turner (R-OH) and Mikie Sherrill introduced legislation that would reinstate the expired brownfields tax incentive. The Brownfields Redevelopment Tax Incentive Reauthorization Act (...
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The Securities and Exchange Commission (SEC) published its annual report on Nationally Recognized Statistical Rating Organizations (NRSROs), or credit rating agencies. The report, produced by the...
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Bipartisan legislation recently reintroduced in the U.S. House of Representatives would create an investment tax credit for semiconductor design expenditures. The Semiconductor Technology Advanceme...
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