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  • Staff Reporter 1
    Businesses have Feb. 1 Deadline to provide Forms 1099-MISC and 1099-NEC to Recipients
    by Staff Reporter 1
    Businesses have Feb. 1 Deadline to provide Forms 1099-MISC and 1099-NEC to Recipients | site |



    (Information contained in U.S. Internal Revenue Service [IRS] press release dated: January 14, 2021)

    Washington - - The Internal Revenue Service today reminded businesses and other payors that the revised Form 1099-MISC, Miscellaneous Income, and the new Form 1099-NEC, Nonemployee Compensation, must be furnished to most recipients by February 1, 2021.

    Redesigned Form 1099-MISC

    The IRS revised Form 1099-MISC for the 2020 tax year to accommodate the creation of a new Form 1099-NEC. The redesigned 1099-MISC has different box numbers for reporting certain income. Businesses must send Form 1099-MISC to recipients by February 1, 2021, and file it with the IRS by March 1 (March 31 if filing electronically). If businesses are using Forms 1099-MISC to report amounts in box 8, Substitute Payments in Lieu of Dividends or Interest...
    01-19-2021, 12:51 AM
  • Staff Reporter 1
    U.S. Department of Education Quickly Makes Available More Than 21 Billion Dollars
    by Staff Reporter 1
    U.S. Department of Education Quickly Makes Available More Than $21 Billion in Taxpayer Funds to Support Continued Education at Colleges, Universities | site |



    (Information contained in U.S. Department of Education press release dated: January 14, 2021)

    Washington - - The U.S. Department of Education announced today that an additional $21.2 billion is now available to institutions of higher education (IHEs) to serve students and ensure learning continues during the COVID-19 pandemic. This funding is allocated to the Higher Education Emergency Relief Fund II (HEERF II) by the Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA), which was signed into law by President Donald J. Trump on Dec. 27, 2020. The CRRSAA appropriated $82 billion for education, and the Department has made available all but $1.9 billion of that funding in the 18 days since the law was enacted. Earlier this year, former Secretary DeVos expeditious...
    01-18-2021, 11:48 PM
  • Staff Reporter 1
    Ensuring a Transparent, Thorough Investigation of COVID-19’s Origin
    by Staff Reporter 1
    Ensuring a Transparent, Thorough Investigation of COVID-19’s Origin | site |




    (Information contained in U.S. Department of State press release press statement dated: January 15, 2021)


    January 15, 2021
    Press Statement
    Michael R. Pompeo, U.S. Secretary of State


    The United States has repeatedly called for a transparent and thorough investigation into the origin of COVID-19. Understanding the origin of this pandemic is essential for global public health, economic recovery, and international security.

    To assist the vital work of the World Health Organization (WHO) investigative team that arrived in China this week, the United States government is today sharing new information concerning the activities inside China’s government laboratories in 2019.

    In particular, we urge the WHO to press the government of China to address the following:

    1. Illnesses at the Wuhan Institute of
    ...
    01-17-2021, 05:59 AM
  • Staff Reporter 1
    FCC Chairman Pai Signs Cross-border Radio Frequency Spectrum Coordination Arrangement
    by Staff Reporter 1
    FCC Chairman Pai Signs Cross-border Radio Frequency Spectrum Coordination Arrangement with Innovation Science and Economic Development Canada | site |



    (Information contained in Federal Communications Commission [FCC] press release: January 15, 2021) Washington, January 15, 2021—FCC Chairman Ajit Pai today signed an arrangement to implement a modernized framework for cross-border radio frequency spectrum coordination between the United States and Canada. This Transitional Arrangement with Innovation, Science and Economic Development Canada (ISED) facilitates the provisional application of the new General Coordination Agreement which the two countries signed earlier this week on January 12 and 13. The agreement on the use of the radio frequency spectrum by terrestrial and earth stations, after almost two decades of negotiations, modernizes the existing spectrum coordination framework. “This agreement will improve our nations’ effectiveness in elimin...
    01-17-2021, 05:41 AM
  • Staff Reporter 1
    U.S. Food and Drug Administration Coronavirus COVID-19 Update - - - January 15, 2021
    by Staff Reporter 1
    U.S. Food and Drug Administration Coronavirus (COVID-19) Update: January 15, 2021 | site |



    (Information contained in U.S. Food and Drug Administration [FDA] press release dated: January 15, 2021)

    The U.S. Food and Drug Administration today announced the following actions taken in its ongoing response effort to the COVID-19 pandemic:
    ...
    01-17-2021, 05:15 AM

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