Compliance News
Stay Informed with the Latest in Compliance & Regulations. Explore expert insights, regulatory updates, and best practices to help you stay ahead in the ever-evolving compliance landscape. Our news page keeps you informed and empowered with the knowledge you need to navigate industry changes confidently.
Iran-related Designations
ABBASPOUR QOMI, Bashir (a.k.a. ABBASPOUR GHOMI, Bashir), Tehran, Iran; DOB 25 Nov 1965; POB Babol, Iran; nationality Iran; Additional Sanctions Information - Subject to Secondary Sanctions; Gender Male; National ID No. 2061931111 (Iran) (individual)...
OFACPosted: Jan 15, 2026
Treasury, IRS issue guidance on the additional first year depreciation deduction amended as part of the One, Big, Beautiful Bill
Treasury, IRS issue guidance on the additional first year depreciation deduction amended as part of the One, Big, Beautiful Bill
IR-2026-06, Jan. 14, 2026
WASHINGTON — The Department of the Treasury and the...
IRSPosted: Jan 14, 2026
Issuance of Amended Russia-related General License; Publication of Amended Russia-related Frequently Asked Questions
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Russia-related General License 131B, "Authorizing Certain Transactions for the Negotiation of and Entry Into...
OFACPosted: Jan 14, 2026
Treasury, IRS issue proposed regulations reflecting changes from the One, Big, Beautiful Bill to the threshold for backup withholding on certain payments made through third parties
Treasury, IRS issue proposed regulations reflecting changes from the One, Big, Beautiful Bill to the threshold for backup withholding on certain payments made through third partiesIR-2026-03, Jan. 08,...
IRSPosted: Jan 08, 2026
Russia-related Designation Update and Designation Removal
Specially Designated Nationals List UpdateThe following deletions have been made to OFAC's SDN List:KAMPERI, Kyriaki Demetriou (Greek: ΚΑΜΠΕΡΗ, Κυριακη Δημητριου) (a.k.a. KAMPERI, Koulla Demetriou; a.k.a. KAMPERI, Kyriakou Demetriou), 35 Grosvenor...
OFACPosted: Jan 08, 2026
Counter Terrorism Designation Update
Specially Designated Nationals List UpdateThe following changes have been made to OFAC's SDN List:CLAN DEL GOLFO (a.k.a. BANDA CRIMINAL DE URABA; a.k.a. CLAN USUGA; a.k.a....
OFACPosted: Jan 05, 2026
Transnational Criminal Organizations Designations; Issuance of Amended Russia-related General Licenses; Publication of Updated Russia-related Frequently Asked Questions
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Russia-related General License 55E, "Authorizing Certain Services Related to Sakhalin-2;"...
OFACPosted: Jan 05, 2026
Venezuela-related Designations
Venezuela-related Designations
Specially Designated Nationals List UpdateThe following entities have been added to OFAC's SDN...
OFACPosted: Jan 05, 2026
IRS updates frequently asked questions on changes to the Limitation on the Deduction for Business Interest Expense
IR-2025-126, Dec. 23, 2025WASHINGTON — The Internal Revenue Service today updated frequently asked questions in Fact Sheet 2025-09 PDF regarding changes to the limitation on the deduction for business interest...
IRSPosted: Dec 23, 2025
IRS seeks public comment on Voluntary Disclosure Practice proposal
WASHINGTON — The Internal Revenue Service today opened a 90-day public comment period, ending March 22, 2026, for proposed updates to its Voluntary Disclosure Practice, including a more streamlined penalty...
IRSPosted: Dec 22, 2025
Showing 31 - 40 of 70