Regulatory Roundup - Dec. 13-19

By:
Chris Gaetano
Published Date:
Dec 19, 2017

AICPA 

New Survey Explores Financial Sacrifices Americans Willing to Make for their Pets
NEW YORK (December 19, 2017) – How much is that doggie in the window? Before opening your home and your heart to a new pet this holiday season, it’s important to know how often you’ll have to open your wallet. Whether your companion is a puppy, parakeet, hamster, cat, fish, or iguana, pet ownership comes at a cost. A new Harris Poll conducted by telephone for the American Institute of CPAs (AICPA) found that more than half of Americans (54 percent) have a pet in their home and the cost of that companionship is impacting their finances.

CBO

Cost Estimate
H.R. 4568, Enhancing Geothermal Production on Federal Lands Act
December 18, 2017

Cost Estimate
H.R. 4375, STEM Research and Education Effectiveness and Transparency Act
December 18, 2017

Cost Estimate
H.R. 4377, Accelerating American Leadership in Science Act of 2017
December 18, 2017

Cost Estimate
H.R. 4174, Foundations for Evidence-Based Policymaking Act of 2017
December 18, 2017

Cost Estimate
H.R. 4376, Department of Energy Research Infrastructure Act of 2017
December 18, 2017

Cost Estimate
H.R. 1350, a bill to modify the boundary of Voyageurs National Park in the State of Minnesota, and for other purposes
December 18, 2017

Cost Estimate
H.R. 2595, Strengthening the Department of Homeland Security Secure Mail Initiative Act
December 18, 2017

Cost Estimate
Cost Estimate for the Conference Agreement on H.R. 1
December 15, 2017

Cost Estimate
H.R. 2465, Steve Gleason Enduring Voices Act of 2017
December 15, 2017

Cost Estimate
H.R. 2888, Ste. Genevieve National Historical Park Establishment Act
December 15, 2017

Cost Estimate
H.R. 2888, Ste. Genevieve National Historical Park Establishment Act
December 15, 2017

Cost Estimate
H.J.Res. 124, Joint Resolution Making Further Additional Appropriations for Fiscal Year 2018, and for Other Purposes
December 15, 2017

Cost Estimate
S. 1615, Dream Act of 2017
December 15, 2017

Cost Estimate
H.R. 3440, Dream Act of 2017
December 15, 2017

Cost Estimate
H.R. 3776, Cyber Diplomacy Act of 2017
December 14, 2017

Report
Transferring Credit Risk on Mortgages Guaranteed by Fannie Mae or Freddie Mac
December 14, 2017

Cost Estimate
H.R. 3814, No Human Trafficking on Our Roads Act
December 14, 2017

FAF

Private Company Council  [12/15/17]
December 8, 2017 Meeting Recap

FAF Trustees Name New Members to the GASAC  [12/15/17]
News Release

GAO

Drug Industry:
Profits, Research and Development Spending, and Merger and Acquisition Deals
GAO-18-40:Published: Nov 17, 2017. Publicly Released: Dec 19, 2017.

Minority- and Women-Owned Business Contracting:
Analysis of DOD Contract Awards, Fiscal Years 2010-2016
GAO-18-195R:Published: Dec 18, 2017. Publicly Released: Dec 18, 2017.

Sexual Violence:
Actions Needed to Improve DOD's Efforts to Address the Continuum of Unwanted Sexual Behaviors
GAO-18-33:Published: Dec 18, 2017. Publicly Released: Dec 18, 2017.

Federal Student Aid:
Better Program Management and Oversight of Postsecondary Schools Needed to Protect Student Information [Reissued on December 15, 2017]
GAO-18-121:Published: Nov 27, 2017. Publicly Released: Dec 4, 2017.

Sales Taxes:
States Could Gain Revenue from Expanded Authority, but Businesses Are Likely to Experience Compliance Costs
GAO-18-114:Published: Nov 16, 2017. Publicly Released: Dec 18, 2017.

Commercial Fishing Vessels:
More Information Needed to Improve Classification Implementation
GAO-18-16:Published: Dec 14, 2017. Publicly Released: Dec 14, 2017.

Democracy Assistance:
State Should Improve Accountability Over Funding; USAID Should Assess Whether New Processes Have Improved Award Documentation
GAO-18-136:Published: Dec 14, 2017. Publicly Released: Dec 14, 2017.

Transportation Security Administration:
Surface Transportation Inspector Activities Should Align More Closely With Identified Risks
GAO-18-180:Published: Dec 14, 2017. Publicly Released: Dec 14, 2017.

Federal Pay:
Opportunities Exist to Enhance Strategic Use of Special Payments
GAO-18-91:Published: Dec 7, 2017. Publicly Released: Dec 14, 2017.

Health Insurance Exchanges:
Changes in Benchmark Plans and Premiums and Effects of Automatic Re-enrollment on Consumers' Costs
GAO-18-68:Published: Nov 14, 2017. Publicly Released: Dec 14, 2017.

Department of Justice:
Continued Action Needed To Address Incarceration Challenges and Offenders' Reentry
GAO-18-275T:Published: Dec 13, 2017. Publicly Released: Dec 13, 2017.

Climate Change Adaptation:
DOD Needs to Better Incorporate Adaptation into Planning and Collaboration at Overseas Installations
GAO-18-206:Published: Nov 13, 2017. Publicly Released: Dec 13, 2017.

GASB

GASB Issues Implementation Guide on Other Postemployment Benefits  [12/19/17]
Media AdvisoryImplementation Guide No. 2017-3

IASB

19 December 2017
December 2017 IFRS for SMEs Update published

18 December 2017
December 2017 IASB Update and work plan updated

14 December 2017
Q&A guidance published on accounting for the issue of financial guarantee contracts under the IFRS for SMEs Standard

14 December 2017
IFRS Foundation appoints seven new Trustees

14 December 2017
IFRS Foundation publishes IFRS Taxonomy guide for companies

13 December 2017
IFRS Taxonomy 2017 now available in Japanese

IRS 

IRS Provides Additional Relief for Partnerships and Certain other Entities
IR-2017-205, Dec. 14, 2017 — The Internal Revenue Service today issued revised guidance extending relief for certain partnerships, real estate mortgage investment conduits (REMICs), and other entities that did not file the required returns by the new due date for tax years beginning in 2016.

Standard Mileage Rates for 2018 Up from Rates for 2017
IR-2017-204, Dec. 14, 2017 ― The Internal Revenue Service today issued the 2018 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

IRS Statement – Withholding for 2018
Dec. 13, 2017 — IRS announced that it is continuing to monitor the pending legislation in Congress, and taking the initial steps to prepare guidance on withholding for 2018.

Consumer Alert: IRS Warns Taxpayers, Tax Pros of New Email Scam Targeting Hotmail Users
IR-2017-203, Dec. 13, 2017 — The Internal Revenue Service today warned taxpayers and tax professionals of a new email scam targeting Hotmail users that is being used to steal personal and financial information.

IRS Provides Safe Harbors to Help Taxpayers Suffering Property Losses, Including Losses from Hurricanes
IR-2017-202, Dec. 13, 2017  —  As part of a wider effort to help victims of natural disasters, the Internal Revenue Service today issued guidance providing safe harbor methods that individuals may use in determining the amount of their casualty and theft losses for their homes and personal belongings, including losses from recent hurricanes.

NYS Dept. of Taxation and Finance

Monthly and Quarterly Sales Tax Filers: Submit Your Returns Today!

SEC

Marc P. Berger Named Director of New York Regional Office
Dec. 18, 2017

SEC Names Kenneth A. Johnson as Chief Operating Officer       
Dec. 14, 2017                               

Division of Trading and Markets Deputy Director Gary Barnett to Retire
Dec. 13, 2017                              

SEC Appoints New Chairman and Board Members to PCAOB
Dec. 12, 2017

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