News

Regulatory and Legislative

Executive Order on Proxy Practices Issued

President Trump has issued an Executive Order (EO) Protecting American Investors from Foreign-Owned and Politically Motivated Proxy Advisors. 

December 12 2025

Regulatory and Legislative

INVEST Act Clears House

The House of Representatives has passed the Incentivizing New Ventures and Economic Strength Through Capital Formation (INVEST) Act by a vote of 302 to 123. 

December 12 2025

Regulatory and Legislative

IRS Provides 2026 Covered Compensation Tables Used in DB Plans

The IRS has issued Revenue Ruling 2026-1, containing the covered compensation tables for the 2026 plan year. 

December 12 2025

Regulatory and Legislative

IRS Announces Deadline Relief for Minnesota Severe Storms

The IRS has announced the postponement of certain tax-related deadlines for victims of severe storms and straight-line winds in Leech Lake Band of Ojibwe until February 2, 2026.

December 12 2025

Regulatory and Legislative

IRS Releases 2026 Form W-4P

The Internal Revenue Service has issued the 2026 Form W-4P, Withholding Certificate for Periodic Pension or Annuity Payments. 

December 11 2025

Regulatory and Legislative

Prime Interest Rate Decreased to 6.75 Percent

Effective December 10, 2025, the prime interest rate was lowered from 7.00 percent to 6.75 percent.

December 10 2025

Regulatory and Legislative

Additional Bills Propose Expanded HSA Usage

Senator Robert Marshall (R-KS) has introduced the Lowering Healthcare Costs for Americans Act. 

December 10 2025

Regulatory and Legislative

IRS Releases Updated Draft Instructions for HSAs and MSAs

The Internal Revenue Service has posted new draft instructions for Forms 1099-SA and 5498-SA. 

December 10 2025

Regulatory and Legislative

Proposal Redirecting Subsidies to HSAs Surfaces

Senators Mike Crapo (R-ID) and Bill Cassidy (R-LA) have released the Health Care Freedom for Patients Act.

December 09 2025

Regulatory and Legislative

IRS Issues HSA Guidance Under OBBBA

The Internal Revenue Service has issued Notice 2026-05 which provides guidance on changes relating to health savings accounts enacted under the One, Big, Beautiful Bill Act.

December 09 2025