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.
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
Venezuela-related Designations; Issuance of Venezuela-related General License; Publication of Amended Venezuela-related Frequently Asked Question
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Venezuela-related General License 5T, "Authorizing Certain Transactions Related to the Petróleos de Venezuela, S.A. 2020 8.5 Percent Bond on or After February 3,...
OFACPosted: Dec 19, 2025
Treasury, IRS allow States to make an Advance Election to participate in the new federal tax credit for individual contributions to Scholarship Granting Organizations under the One, Big, Beautiful Bill
IR-2025-121, Dec. 12, 2025
WASHINGTON — The Department of the Treasury and the Internal Revenue Service today issued
Revenue Procedure 2026-6 PDF allowing States, including the District of Columbia, to make an...
IRSPosted: Dec 12, 2025
IRS and Security Summit partners announce 10th Annual National Tax Security Awareness Week
IR-2025-118, Dec. 3, 2025
WASHINGTON —The Internal Revenue Service working with the Security Summit partners today announced that the 10th National Tax Security Awareness Week began this week to raise awareness...
IRSPosted: Dec 03, 2025
Showing 61 - 70 of 70