The IRS posted an updated Publication 969 relative to Health Savings Accounts and Other Tax-Favored Health Plans for use in preparing 2019 returns. The “What’s New” section outlines that the ...
The Consumer Financial Protection Bureau has posted new frequently asked questions (“FAQs”) related to the TILA-RESPA Integrated Disclosure (“TRID”). There are 21 FAQs related to five topics, which are: 1) ...
The IRS has posted a final version of the 2020 Instructions for Forms 1099-R and 5498. Form 5498 IRA providers are required to report repayments of Qualified Birth or Adoption Distributions ...
The IRS has now posted two different draft versions of the 2020 Instructions for Forms 1099-R and 5498. The first draft was posted on January 16, 2020, and the second draft ...
Today, the Federal Deposit Insurance Corporation (“FDIC”) announced the members for the new Advisory Committee of State Regulators (“ACSR”). In November of 2019, the FDIC Board approved the establishment of ...
As we reported late last year, the Supreme Court is getting ready to hear oral arguments in the Selia Law, LLC v CFPB case. Late last week, we saw a ...
Last week, the Consumer Financial Protection Bureau (“CFPB”) issues its 21st edition of Supervisory Highlights in which they summarize examination findings in the areas of debt collection, mortgage servicing, payday ...
The IRS posted an updated Publication 590-A relative to Contributions to Individual Retirement Arrangements (IRAs) for use in preparing 2019 income tax returns. The publication highlights some of the following ...
Based on the SECURE Act of 2019, individuals can now remove funds from an IRA penalty-free to pay for qualified birth and adoption expenses. The IRS has posted a draft ...
In the Fall of 2019 the Consumer Financial Protection Bureau (“the Bureau”) published a request for information to reassess the integrated mortgage disclosures under the Real Estate Settlement Procedures Act ...