The IRS has announced tax relief for victims of Iowa derecho and victims of California wildfires in IR-2020-190 and IR-2020-191 by extending the filing deadline for filing various individual and ...
On August 18, 2020 the Consumer Financial Protection Bureau (“CFPB”) issued a notice of proposed rulemaking to amend the Ability to Repay/Qualified Mortgage (“ATR/QM”) rule in Regulation Z. This proposal ...
Today the CFPB announced that the Filing Instructions Guide for data collected in 2021 and reportable in 2022 is now available. The Supplemental Guide for Quarterly Filers, including the 2021 ...
The IRS recently released Notice 2020-62, which has modified the safe harbor explanations used to satisfy the 402(f) notice that is required to be provided by a plan sponsor to ...
The Financial Crimes Enforcement Network (FinCEN), has issued responses to three FAQs regarding customer due diligence (CDD) requirements for covered financial institutions. The topics discussed include whether covered financial institutions ...