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Regulatory and Legislative
IRS Announces Deadline Relief for Missouri Storms
The IRS has announced the postponement of certain tax-related deadlines for victims of severe storms, straight-line winds, tornadoes, and flooding in Missouri.
Regulatory and Legislative
Kies Confirmed as Assistant Secretary for Tax Policy
The Senate voted to approve the nomination of Ken Kies as the assistant secretary for tax policy at the Treasury by a vote of 53-45.
Regulatory and Legislative
Retirement Plan Disaster Assistance May Be Available for Tennessee Storms
The Federal Emergency Management Agency issued a Major Disaster Declaration on June 19, 2025, for Tennessee severe storms.
Regulatory and Legislative
IRS Announces Applicable Federal Rates for July
The IRS has issued Revenue Ruling 2025-13 which contains the applicable federal rates (AFR) for July 2025.
Regulatory and Legislative
Senate Releases Draft of Tax Bill
The Senate Finance committee released bill text for inclusion in the Senate’s version of the budget reconciliation bill yesterday.
Regulatory and Legislative
IRS Issues Yield Curves and Segment Rates for DB Plans
The Internal Revenue Service has issued Notice 2025-35, which contains updated guidance on factors used in certain defined benefit pension plan minimum funding and present value calculations.
Regulatory and Legislative
Retirement Plan Disaster Assistance May Be Available for Mississippi, Missouri, Oklahoma, and Texas
The IRS may also issue relief related to this disaster for certain tax-related deadlines.
Regulatory and Legislative
Proposal Directing SEC to Allow Electronic Delivery Reintroduced in Senate
Senator Thom Tillis (R-NC) and several cosponsors have reintroduced the Improving Disclosure for Investors Act.
Regulatory and Legislative
DOL Launches Opinion Letter Program
The Department of Labor has announced the launch of its opinion letter program.
Regulatory and Legislative
DOL Notice on Information Collection Activities has left OMB
A notice of availability and request for comments on DOL information collection activities has left the Office of Management and Budget.