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10 Aug 2023, 8:59 am by Doug Cornelius
Treasury Department had informed him that a failure to pass the resolution would cause the agency to take immediate regulatory action and to lobby for legislation imposing additional obligations on lawyers. [read post]
10 Aug 2023, 5:42 am by Above the Law
[ABA Journal] * Treasury announcing regulations to curb money laundering through real estate. [read post]
8 Aug 2023, 12:50 pm by Austin J Bull
The global debt levels have reached new records despite the massive technological advances made in recent decades.[1] The current global debt has reached approximately 350% of the global GDP, or the equivalent of $37,500 per person in the world.[2] Although international economists have forecasted that the global economy will continue to grow in 2023, albeit at a decreased rate of 2.7% from the 6% of 2021, their predictions are based upon gross domestic product,… [read post]
8 Aug 2023, 5:55 am by Erin Sikorsky
Treasury Secretary Janet Yellen went to China last month, she sent a message to developing countries that the United States has their backs by calling on Beijing to up its climate finance commitments. [read post]
8 Aug 2023, 4:00 am by Sherica Celine
In a Michigan case to be heard in the coming months, the question is whether the Michigan Department of Treasury’s use of a statutory formula to allocate income and calculate business tax violates the Commerce Clause and Due Process as applied to the taxpayer because it was determined in a year that the out-of-state business had an especially high level of activity in Michigan. [read post]
6 Aug 2023, 10:00 pm
A recently issued White House Fact Sheet, along with a regulatory package from the US Departments of the Treasury, Labor, and Health and Human Services (the Departments), provides some welcome clarity for plan sponsors and fiduciaries on the requirements imposed on group health plans by the Paul Wellstone and Pete Domenici Mental Health Parity and Addiction Equity Act of 2008 (MHPAEA), while also raising key questions for stakeholders. [read post]
6 Aug 2023, 10:00 pm
A recently issued White House Fact Sheet, along with a regulatory package from the US Departments of the Treasury, Labor, and Health and Human Services (the Departments), provides some welcome clarity for plan sponsors and fiduciaries on the requirements imposed on group health plans by the Paul Wellstone and Pete Domenici Mental Health Parity and Addiction Equity Act of 2008 (MHPAEA), while also raising key questions for stakeholders. [read post]
6 Aug 2023, 10:00 pm
A recently issued White House Fact Sheet, along with a regulatory package from the US Departments of the Treasury, Labor, and Health and Human Services (the Departments), provides some welcome clarity for plan sponsors and fiduciaries on the requirements imposed on group health plans by the Paul Wellstone and Pete Domenici Mental Health Parity and Addiction Equity Act of 2008 (MHPAEA), while also raising key questions for stakeholders. [read post]
6 Aug 2023, 10:00 pm
A recently issued White House Fact Sheet, along with a regulatory package from the US Departments of the Treasury, Labor, and Health and Human Services (the Departments), provides some welcome clarity for plan sponsors and fiduciaries on the requirements imposed on group health plans by the Paul Wellstone and Pete Domenici Mental Health Parity and Addiction Equity Act of 2008 (MHPAEA), while also raising key questions for stakeholders. [read post]
6 Aug 2023, 10:00 pm
A recently issued White House Fact Sheet, along with a regulatory package from the US Departments of the Treasury, Labor, and Health and Human Services (the Departments), provides some welcome clarity for plan sponsors and fiduciaries on the requirements imposed on group health plans by the Paul Wellstone and Pete Domenici Mental Health Parity and Addiction Equity Act of 2008 (MHPAEA), while also raising key questions for stakeholders. [read post]
6 Aug 2023, 10:00 pm
A recently issued White House Fact Sheet, along with a regulatory package from the US Departments of the Treasury, Labor, and Health and Human Services (the Departments), provides some welcome clarity for plan sponsors and fiduciaries on the requirements imposed on group health plans by the Paul Wellstone and Pete Domenici Mental Health Parity and Addiction Equity Act of 2008 (MHPAEA), while also raising key questions for stakeholders. [read post]
6 Aug 2023, 9:01 pm by renholding
MMFs are managed with the goal of providing principal stability and access to liquidity by investing in high-quality, short-term debt securities (such as Treasury bills, repurchase agreements and commercial paper) whose value does not fluctuate significantly in normal market conditions. [read post]
4 Aug 2023, 5:55 pm by Cynthia Marcotte Stamer
Effective August 3, 2023, the Departments of Health and Human Services Centers for Medicare and Medicaid Services, Department of Labor Employee Benefit Security Administration and Department of Treasury (“Departments”) temporarily suspended the Federal Independent Dispute Resolution (IDR) medical claims review process including the ability to initiate new disputes and directed certified IDR entities to pause all IDR-related activities in… [read post]
3 Aug 2023, 5:41 am by Hunton Andrews Kurth LLP
What Happened:  As reported in a Hunton Client Alert, the US Department of Justice (DOJ), the US Department of Commerce’s Bureau of Industry and Security (BIS), and the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) recently issued guidance regarding the voluntary self-disclosure by US businesses of violations of US sanctions and export control laws to these agencies (Tri-Seal Compliance Note: Voluntary Self-Disclosure… [read post]
2 Aug 2023, 10:30 am by ocgdev
Commencing January 1, 2024, reporting companies that are classified as LLCs will need to submit a Beneficial Ownership Information Report to the Financial Crimes Enforcement Network of the Department of the Treasury. [read post]
2 Aug 2023, 9:12 am by Ashley Belanger
Today, the US Treasury Department announced that taxpayers will have the choice to go paperless for all Internal Revenue Service (IRS) correspondence in the upcoming 2024 filing season. [read post]
1 Aug 2023, 10:00 pm
The US Departments of the Treasury, Labor, and Health and Human Services (the Departments) recently unveiled a proposed rule intended to increase mental health coverage through expanded plan oversight and enforcement activity. [read post]
1 Aug 2023, 10:00 pm
The US Departments of the Treasury, Labor, and Health and Human Services (the Departments) recently unveiled a proposed rule intended to increase mental health coverage through expanded plan oversight and enforcement activity. [read post]
1 Aug 2023, 10:00 pm
The US Departments of the Treasury, Labor, and Health and Human Services (the Departments) recently unveiled a proposed rule intended to increase mental health coverage through expanded plan oversight and enforcement activity. [read post]