Regulatory Roundup: March 22-28

By:
Chris Gaetano
Published Date:
Mar 28, 2017

AICPA

AICPA Urges Congress to Reintroduce and Pass Tax Technical Corrections Legislation The AICPA urged the chairmen and ranking minority members of the tax committees in Congress to reintroduce the Tax Technical Corrections Act of 2016.
Published on March 22, 2017

CBO

Cost Estimate
S. 444, Supporting America’s Innovators Act of 2017
March 22, 2017

Cost Estimate
H.R. 1219, Supporting America’s Innovators Act of 2017
March 22, 2017

Cost Estimate
S. 488, Encouraging Employee Ownership Act
March 23, 2017

Cost Estimate
H.R. 1379, a bill to amend title 38, United States Code, to provide for the entitlement to educational assistance under the Post-9/11 Educational Assistance Program of the Department of Veterans Affairs for members of the Armed Forces awarded the Purple Heart
March 23, 2017

Cost Estimate
H.R. 1628, the American Health Care Act, incorporating manager's amendments 4, 5, 24, and 25
March 23, 2017

Cost Estimate
H.R. 1252, DHS Acquisition Authorities Act of 2017
March 22, 2017

Cost Estimate
H.R. 1249, DHS Multiyear Acquisition Strategy Act of 2017
March 22, 2017

Cost Estimate
H.R. 1294, Reducing DHS Acquisition Cost Growth Act
March 22, 2017

Cost Estimate
H.R. 1312, Small Business Capital Formation Enhancement Act
March 22, 2017

Cost Estimate
H.R. 1282, DHS Acquisition Review Board Act of 2017
March 22, 2017

Cost Estimate
H.R. 1365, Department of Homeland Security Acquisition Innovation Act
March 22, 2017

Cost Estimate
H.R. 1215, Protecting Access to Care Act of 2017
March 22, 2017

Cost Estimate
S. 218, Social Security Fraud Prevention Act of 2017
March 23, 2017

Cost Estimate
H.R. 1343, Encouraging Employee Ownership Act of 2017
March 23, 2017

Cost Estimate
S. 188, EGO Act
March 24, 2017

Cost Estimate
S. 500, Securing our Agriculture and Food Act
March 24, 2017

Cost Estimate
H.R. 1431, EPA Science Advisory Board Reform Act of 2017
March 27, 2017

Cost Estimate
H.R. 274, Modernizing Government Travel Act
March 27, 2017

Cost Estimate
H.R. 1387, Scholarships for Opportunity and Results Reauthorization Act
March 27, 2017

Blog Post
How Does CBO Estimate the Effects of Proposed Legislation Affecting Immigration?
March 27, 2017

Blog Post
CBO To Release Long-Term Budget Outlook on March 30
March 24, 2017

Report
Testimony on Federal Support for Developing, Producing, and Using Fuels and Energy Technologies
Testimony to be delivered on March 29, 2017

GAO

Department of State:
Foreign Language Proficiency Has Improved, but Efforts to Reduce Gaps Need Evaluation
GAO-17-318:Published: Mar 22, 2017. Publicly Released: Mar 22, 2017.

Face Recognition Technology:
DOJ and FBI Need to Take Additional Actions to Ensure Privacy and Accuracy
GAO-17-489T:Published: Mar 22, 2017. Publicly Released: Mar 22, 2017.

Veterans Health Administration:
Actions Needed to Better Recruit and Retain Clinical and Administrative Staff
GAO-17-475T:Published: Mar 22, 2017. Publicly Released: Mar 22, 2017.

Airport Funding:
FAA's and Industry's Cost Estimates for Airport Development
GAO-17-504T:Published: Mar 23, 2017. Publicly Released: Mar 23, 2017.

Aviation Certification:
FAA Has Made Continued Progress in Improving Its Processes for U.S. Aviation Products
GAO-17-508T:Published: Mar 23, 2017. Publicly Released: Mar 23, 2017.

Commercial Space Launch Insurance:
Weakness in FAA's Insurance Calculation May Expose the Federal Government to Excess Risk
GAO-17-366:Published: Mar 23, 2017. Publicly Released: Mar 23, 2017.

Defense Commissaries:
DOD Needs to Improve Business Processes to Ensure Patron Benefits and Achieve Operational Efficiencies
GAO-17-80:Published: Mar 23, 2017. Publicly Released: Mar 23, 2017.

Immigration Status Verification for Benefits:
Actions Needed to Improve Effectiveness and Oversight
GAO-17-204:Published: Mar 23, 2017. Publicly Released: Mar 23, 2017.

VA Disability Benefits:
Additional Planning Would Enhance Efforts to Improve the Timeliness of Appeals Decisions
GAO-17-234:Published: Mar 23, 2017. Publicly Released: Mar 23, 2017.

Building Partner Capacity:
Inventory of Department of Defense Security Cooperation and Department of State Security Assistance Efforts
GAO-17-255R:Published: Mar 24, 2017. Publicly Released: Mar 24, 2017.

KC-46 Tanker Modernization:
Delivery of First Fully Capable Aircraft Has Been Delayed over One Year and Additional Delays Are Possible
GAO-17-370:Published: Mar 24, 2017. Publicly Released: Mar 24, 2017.

Grants Management:
Corporation for National and Community Service's Grant Monitoring Process Could Be Improved
GAO-17-528T:Published: Mar 28, 2017. Publicly Released: Mar 28, 2017.

Information Security:
DHS Needs to Continue to Advance Initiatives to Protect Federal Systems
GAO-17-518T:Published: Mar 28, 2017. Publicly Released: Mar 28, 2017.

IASB

March 2017 IFRIC Update published
23 March 2017
The March 2017 IFRS Interpretations Committee Update (IFRIC Update) has been published.

Live webinar to explain the IFRS Taxonomy 2017
23 March 2017
On Tuesday 28 March, the IFRS Taxonomy team will broadcast a live webinar on the IFRS Taxonomy 2017, featuring IASB member, Gary Kabureck.

IASB Staff Webcast: IFRS 16—Lease Modifications: Lessee
27 March 2017
The IASB staff have recorded a web presentation discussing the lease modification requirements for lessees in IFRS 16 Leases.

IRS 

Free File Tops 50 Million Users; Saves Taxpayers $1.5 Billion Since Inception
IR-2017-68, March 28, 2017 — The IRS announced today that Free File recently surpassed 50 million users since the program started.

IRS Reminds Seniors to Remain on Alert to Phone Scams during Tax Season
IR-2017-67, March 23, 2017 — With the 2017 tax season underway, the IRS reminds seniors to remain alert to aggressive and threatening phone calls by criminals impersonating IRS agents.

IRS Announces Taxpayer Advocacy Panel Members Selected for 2017; Recruits Members for 2018
IR-2017-66, March 22, 2017 — The IRS announced today the selection of 24 new members to serve on the nationwide Taxpayer Advocacy Panel.

NYS Dept. of Taxation and Finance

A.G. Schneiderman & Acting Tax Commissioner Manion Announce Indictment Of Spa Castle Operators For Allegedly Failing To Pay $1.5 Million In Taxes

A North Miami Resident was Sentenced to More than 3 Years in Prison for Identity Theft

File On Time—and for Free—at One of 54 Free Tax Assistance Sites Statewide

NYS Tax Department Announces More Free Tax Filing Assistance Events Ahead of the April 18 Filing Deadline

Free Tax Filing Assistance Available in the Capital Region

Check Your Eligibility: Millions of Dollars Available to NYS Volunteer Firefighters and Ambulance Workers

SEC

SEC Halts Fraud Targeting Seniors March 27, 2017

SEC Halts Boiler Room Scheme Involving State Lottery Tickets March 27, 2017

Overseas Traders Paying Back All Profits Plus Penalties in Insider Trading Case March 24, 2017

SEC Announces 2017 Compliance Outreach Program Seminars for Investment Companies and Investment Advisers March 23, 2017

SEC Adopts T+2 Settlement Cycle for Securities Transactions March 22, 2017

TIGTA

Inconsistent Processes and Procedures Result in Many Victims of Identity Theft Not Receiving Identity Protection Personal Identification Numbers
WASHINGTON — The Internal Revenue Service (IRS) did not deactivate the Identity Protection Personal Identification Number (IP PIN) Program after a May 17, 2015 system security breach was identified, according to a report publicly released today by the Treasury Inspector General for Tax Administration (TIGTA).

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