The IRS issued WV-2021-01 to provide "affected taxpayers" who were victims of severe storms and flooding in West Virginia relief with postponed deadlines for the completion of certain time-sensitive acts, many of ...
The IRS has issued a revised 2020 Publication 590-B, Distributions from Individual Retirement Arrangements (IRAs). An example on page 12 in the prior version of the publication released on March ...
In April 2021, members of the U.S. House of Representatives introduced H.R. 2547 – the Comprehensive Debt Collection Improvement Act (the “Act”). The Act passed the House on May 13, ...
The Consumer Financial Protection Bureau (CFPB) issued five new FAQs specifically related to housing assistance loans and the BUILD Act. These FAQs cover topics such as the applicability of TRID ...
On May 13, 2021, the IRS issued TN-2021-01 to provide affected taxpayers" who were victims of severe storms in Tennessee relief with postponed deadlines for the completion of certain time-sensitive acts, many ...
The IRS released Revenue Procedure 2021-25 on May 10, 2021 announcing the cost-of-living adjustments (COLAs) applicable to health savings accounts (HSAs) for the calendar year 2022. The changes include an increase in ...
On Wednesday May 5, 2021, the House Ways & Means Committee approved HR 2954, the Securing a Strong Retirement Act of 2021 (SSRA) with a unanimous vote. The bill is now ...
IRS Announces Additional Postpones Deadlines for IRA/HAS Contributions and Other Time-Sensitive Acts
On April 29, 2021, the IRS issued News Release KY-2021-01 and News Release AL-2021-01 to provide "affected taxpayers" who were victims of certain disasters in Kentucky and Alabama relief with postponed deadlines ...
On April 20, 2021, Fannie Mae and Freddie Mac (the GSEs) made a joint Uniform Loan Application Dataset/Uniform Residential Loan Application (ULAD/URLA) announcement reminding lenders that starting on May 1, 2021, ...
The Internal Revenue Service (IRS) recently published Form 4506-C to replace Form 4506-T for IVES participants. Form 4506-C had a mandatory use date of March 1, 2021. One of the ...