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8 May 2024, 2:26 pm
With respect to social security, federal government projections tell us by 2033—a scant nine years away—the reserves in the Old-Age and Survivors Insurance (social security) Trust Fund (hereafter, Trust Fund) will be depleted and the continuing program income (FICA taxes) will be sufficient to pay only 77 percent of scheduled benefits.[1] That’s a big 23% hole that people will desperately want filled. [read post]
7 May 2024, 9:01 pm
For our part, we have supported stakeholder governance for more than 50 years — first to empower boards of directors to reject opportunistic takeover bids by corporate raiders, especially those using junk-bond financing, and later to combat short-termism and preserve directors’ reasoned decision-making for the long-term. [read post]
6 May 2024, 10:00 pm
The IRS also announced the Standard Industry Fare Level and terminal charges that apply when using the special valuation rule for non-business travel on employer-provided aircraft set forth in Treasury Regulations. [read post]
6 May 2024, 11:42 am
Treasury Department’s Financial Crimes Enforcement Network’s (FinCEN) website at https://boiefiling.fincen.gov/fileboir. [read post]
6 May 2024, 4:43 am
Last week in the courts On 29 April 2024, the court heard the appeal brought by HM Treasury and the Department for Levelling Up, Housing and Communities in an attempt to overturn a decision of the Information Commissioner. [read post]
5 May 2024, 9:01 pm
Treasury Department. [read post]
5 May 2024, 8:05 am
This Bill Would Give the Treasury Nearly Unlimited Power To Destroy Nonprofits (Matthew Petti, Reason) [Ed. [read post]
5 May 2024, 8:00 am
One reason I think this is that the Federal Reserve Chair Jerome Powell has told us there will be bank failures ahead. [read post]
4 May 2024, 8:31 pm
The lawsuit alleged the Pennsylvania Department of Health hired Insight to provide staffing for COVID-19 contact tracing and paid Insight using federal funds from the U.S. [read post]
3 May 2024, 2:05 am
On 2 May 2024, HM Treasury updated its guidance on financial sanctions enforcement and monetary penalties. [read post]
2 May 2024, 5:15 pm
The sanctions were implemented following persistent warnings from US officials, including Treasury Secretary Janet Yellen and Secretary of State Antony Blinken. [read post]
2 May 2024, 7:43 am
On 1 May 2024, the Financial Conduct Authority (FCA) and HM Treasury (HMT) published a Roadmap to implementing the Overseas Funds Regime (OFR). [read post]
1 May 2024, 9:01 pm
This post comes to us from Ropes & Gray LLP. [read post]
1 May 2024, 6:56 pm
[3] Australian Government – The Treasury, Non-Compete clauses – prevalence, impact and policy considerations, presented 18 October 2023 [read post]
1 May 2024, 8:18 am
The Departments of Health and Human Services, Labor, and the Treasury (collectively, the Departments) today announced changes to the required process for resubmitting Independent Dispute Resolution (“IDR”) disputes originally improperly batched or bundled in the Federal IDR portal. [read post]
30 Apr 2024, 2:51 pm
Treasury Department Regulations. [read post]
30 Apr 2024, 9:40 am
Readers may not rely upon, are solely responsible for, and assume the risk and all liabilities resulting from their use of this publication. [read post]
29 Apr 2024, 10:00 pm
IRS and Treasury propose regulations that would provide guidance regarding reporting and payment of the new excise tax on repurchases of corporate stock made after December 31, 2022, and would affect certain publicly traded corporations that repurchase their stock or whose stock is acquired by certain specified affiliates. 89 Fed. [read post]
26 Apr 2024, 6:00 am
” The panel also included representatives from the fintechs Plaid and Modern Treasury. . . . [read post]
24 Apr 2024, 10:04 pm
Also, Treasury should identify methods to expand government-wide estimates of fraud—prioritizing higher-risk program areas. [read post]
