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  • U.S. Department of Veterans Affairs Solid Start program makes Strides in First Year

    U.S. Department of Veterans Affairs Solid Start program makes Strides in First Year | site |


    VA says successful contact made with recently separated Veterans during first 365-days following transition from military service


    (Information contained in U.S Department of Veterans Affairs press release: December 2, 2020)

    Washington - - The U.S. Department of Veterans Affairs (VA) announced today, as VA Solid Start celebrates its one year anniversary — the Veterans Benefits Administration connected with nearly 70,000 newly-separated service members. Annually, the program aims to proactively contact Veterans three times during their first year of transition from military to civilian life at the 90-, 180- and 360-day mark after separation. “The department’s efforts have been effective,” said VA Secretary Robert Wilkie. “Approximately 124,000 service members separated from the military in fiscal year 2020, and nearly 60% of those
    ...
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  • SEC Chairman Jay Clayton Confirms Plans to Conclude Tenure at Year End

    SEC Chairman Jay Clayton Confirms Plans to Conclude Tenure at Year End

    U.S. Securities and Exchange Commission Chairman Jay Clayton Confirms Plans to Conclude Tenure at Year End | site |



    Clayton Led Agency Through Period of Historic Productivity and Unprecedented Challenges; Commission Redoubled Focus on Interests of Long-Term Main Street Investors, Ensured Capital Markets Functioned With Increased Efficiency, Resilience and Transparency


    (November 16, 2020) - - On November 16, 2020 the U.S. Securities and Exchange Commission (SEC) published the following information:

    Washington D.C., Nov. 16, 2020 — Jay Clayton, Chairman of the Securities and Exchange Commission, confirmed today that after serving for more than three and a half years, he will conclude his tenure at the end of this year.

    Chairman Clayton was sworn in on May 4, 2017, and will leave the SEC as one of its longest serving Chairs. During his tenure, Chairman Clayton focused the agency’s resources on advancing the interests
    ...
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  • IRS provides Tax Inflation Adjustments for Tax Year 2021

    IRS provides Tax Inflation Adjustments for Tax Year 2021

    U.S. Internal Revenue Service provides Tax Inflation Adjustments for Tax Year 2021 | site |



    (October 26, 2020) - - On October 26, 2020 the U.S. Internal Revenue Service (IRS) published the following information:


    WASHINGTON — The Internal Revenue Service today announced the tax year 2021 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes. Revenue Procedure 2020-45 provides details about these annual adjustments.

    Highlights of changes in Revenue Procedure 2020-45

    The Consolidated Appropriation Act for 2020 increased the amount of the minimum addition tax for failure to file a tax return within 60 days of the due date. Beginning with returns due after Dec. 31, 2019, the new additional tax is $435 or 100 percent of the amount of tax due, whichever is less, an increase from $330. The $435 additional tax will be adjusted for inflation.

    The tax year
    ...
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  • Statement On Budget Results For Fiscal Year 2020

    Statement On Budget Results For Fiscal Year 2020

    Statement On Budget Results For Fiscal Year 2020 | site |




    (October 16, 2020) - - Today, October 16, 2020, the U.S. Department of the Treasury published the following information:




    Statement On Budget Results For Fiscal Year 2020



    WASHINGTON — U.S. Treasury Secretary Steven T. Mnuchin and White House Office of Management and Budget (OMB) Director Russell Vought today released the final budget results for fiscal year (FY) 2020.

    President Donald Trump took bold and swift action to protect public health from the effects of the unprecedented pandemic, signing into law four major pieces of legislation that address the health and economic effects of COVID-19. Through these laws, the Trump Administration has provided assistance to American workers and families, small businesses, and state, local, and tribal governments, and preserved jobs for American industry. Primarily due to these efforts,
    ...
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  • FHA Extends Foreclosure and Eviction Moratorium for Homeowners through Year End        |        site        |

    FHA Extends Foreclosure and Eviction Moratorium for Homeowners through Year End | site |


    Third extension will allow FHA-insured homeowners economically impacted by COVID-19 to focus on financial recovery


    (August 27, 2020) - - Today, August 27, 2020, the U.S. Department of Housing and Urban Development (HUD) published the following information:

    WASHINGTON - Today, the Federal Housing Administration (FHA) announced the third extension of its foreclosure and eviction moratorium through December 31, 2020, for homeowners with FHA-insured single family mortgages covered under the Coronavirus Relief and Economic Security (CARES) Act. This extension provides an additional four months of housing security to homeowners, as they will not fear losing their homes as they work to recover financially from the adverse impacts of the pandemic. With this third extension, FHA has now provided more than nine months of foreclosure and eviction relief
    ...
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  • USDA says United Nations Declares 2020 as the International Year of Plant Health

    USDA says United Nations Declares 2020 as the International Year of Plant Health | site |



    USDA Kicks Off Awareness Efforts in the United States


    (January 27, 2020) - - Today, the U.S. Department of Agriculture (USDA) published the following information: WASHINGTON, D.C., January 27, 2020 – Plants make the oxygen we breathe and give us 80 percent of the food we eat. But plants are under attack by invasive pests. These pests destroy up to 40 percent of the world’s food crops and cause $220 billion in trade losses each year according to the United Nations (U.N.). That leaves millions of people worldwide without enough food to eat and seriously damages agriculture—the primary source of income for rural communities. To bring worldwide attention to this challenge, the U.N. has declared 2020 as the International Year of Plant Health. They are calling on people, organizations, industries, scientists, and governments to work together to pro...
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  • IRS to restore Sequestered Funds - - - AMT only - - - this Fiscal Year to Businesses affected by OMB Determination

    IRS to restore Sequestered Funds (AMT only) this Fiscal Year to Businesses affected by OMB Determination| site |


    (January 16, 2020) - - Today, the U.S. Internal Revenue Service (IRS) published the following information: WASHINGTON – The Internal Revenue Service today announced it will return sequestered funds to businesses that were affected by a recent Office of Management and Budget (OMB) determination regarding the Balanced Budget and Emergency Deficit Control Act of 1985, as amended. The IRS will restore any amounts sequestered since 2013 under section 168(k)(4). OMB determined that the refundable corporate minimum tax credit claimed under sections 53 and 168(k)(4) of title 26, U.S. Code as in effect for taxable years beginning before Jan. 1, 2018, is not subject to sequestration. The IRS has a complete list of all taxpayers affected so taxpayers do not need to take any action. Funds and applicable interest will be sent out during fiscal year 2020. Less t...
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  • U.S. Securities and Exchange Commission announces Fee Rate Advisory Number 2 for Fiscal Year 2020

    U.S. Securities and Exchange Commission announces Fee Rate Advisory #2 for Fiscal Year 2020| site |



    (January 9, 2020) - - Today (January 9, 2020), the U.S. Securities and Exchange Commission (SEC) published the following information:

    Washington D.C., Jan. 9, 2020 — The Securities and Exchange Commission announced that starting on Feb. 18, 2020, the fee rates applicable to most securities transactions will be set at $22.10 per million dollars.

    Consequently, each SRO will continue to pay the Commission a rate of $20.70 per million for covered sales occurring on charge dates through Feb. 17, 2020, and a rate of $22.10 per million for covered sales occurring on charge dates on or after Feb. 18, 2020.

    For more information on the term “charge date,” please refer to Rule 31(a)(3) and Exchange Act Release No. 49928. The assessment on security futures transactions will remain unchanged at $0.0042 for each round turn transaction
    ...
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  • U.S. Postal Service says Get Ready for the Year’s Busiest Mailing and Shipping Week

    U.S. Postal Service says Get Ready for the Year’s Busiest Mailing and Shipping Week| site |



    More Than 28 Million Packages Delivered Per Day This Week


    (December 16, 2019) - - Today (December 16, 2019), the U.S. Postal Service (USPS) published the following information: WASHINGTON — Many consumers are in a sprint to the finish getting their holiday gifts and greetings in the mail. This week is anticipated to be the busiest week of the holiday mailing and shipping season for the Postal Service. The agency expects to process and deliver nearly 2.5 billion pieces of mail, including packages, this week alone. Overall, the Postal Service anticipates delivering 800 million packages between Thanksgiving and New Year’s Day. The Postal Service has expanded its Sunday delivery operations in select high package volume locations. The agency already delivers packages on Sundays in most major cities and expects to deliver more than 8 million pack...
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  • IRS Information on Get Ready for Taxes - - - What to do Before the Tax Year Ends December 31

    IRS Information on Get Ready for Taxes: What to do Before the Tax Year ends December 31| site |




    (December 16, 2019) - - Today, the U.S. Internal Revenue Service (IRS) published the following information:

    WASHINGTON — The Internal Revenue Service reminds taxpayers there are things they should do now to get ready for the tax-filing season ahead.


    Charitable Contributions

    For most taxpayers, December 31 is the last day to take actions that will impact their 2019 tax return. For example, those who plan to itemize deductions should know that charitable contributions are deductible in the year made. Donations charged to a credit card before the end of 2019 count for the 2019 tax year, even if the bill isn't paid until 2020. Checks to a charity count for 2019 if they are mailed by the last day of the year.

    Retirement Plans

    Taxpayers who are over age 70 ½ are generally required to take distributions...
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  • Fiscal Year 2019 Medicare Fee-For-Service Improper Payment Rate is Lowest Since 2010 while Data Points to Concerns with Medicaid Eligibility

    Fiscal Year (FY) 2019 Medicare Fee-For-Service Improper Payment Rate is Lowest Since 2010 while Data Points to Concerns with Medicaid Eligibility | site |


    Estimated improper payments for Medicare Fee-For-Service (FFS) declines more than $7 billion from FY 2017-2019

    (November 19, 2019) - - Today, the Centers for Medicare & Medicaid Services published the following information:


    The Centers for Medicare & Medicaid Services (CMS) announced today that the Medicare Fee-For-Service (FFS) improper payment rate has fallen yet again, and is at its lowest level since FY 2010. Today’s announcement reinforces the Trump Administration and CMS’ commitment to strengthening Medicare and ensuring that tax dollars are spent appropriately. CMS’ aggressive program integrity measures lowered the estimated amount of Medicare fee-for-service (FFS) improper payments $7 billion from FY 2017-2019 to a total of $28.9 billion.


    ...
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  • National Oceanic and Atmospheric Administration says September 2018 and Year to Date were 4th Hottest on Record for the Globe

    National Oceanic and Atmospheric Administration says September 2018 and Year to Date were 4th Hottest on Record for the Globe



    Polar sea ice coverage remains at near-record lows


    (October 17, 2018) - - The National Oceanic and Atmospheric Administration (NOAA) says warmth continued its steady march across the world last month, making for the fourth hottest September on record for the globe and the fourth warmest year to date, according to the latest analysis by scientists from NOAA’s National Centers for Environmental Information.




    (Source: Graphic published by NOAA)



    According to NOAA, the 10 warmest September global land and ocean surface temperatures have occurred since 2003 with the last five Septembers (2014, 2015, 2016, 2017 and 2018) ranking as the five warmest on record.


    NOAA says: Le...
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  • David W. Wilcox, Director of the Division of Research and Statistics, to Retire at Year End

    David W. Wilcox, Director of the Division of Research and Statistics, to Retire at Year End





    Retiring after 30 years of service with the Federal Reserve Board



    (August 20, 2018) - - David W. Wilcox, director of the Division of Research and Statistics, will retire at the end of this year after 30 years of service with the Federal Reserve Board, including seven years as the director of the division. In addition to overseeing the 350 employees of the Division, Wilcox has been responsible for briefing the Federal Open Market Committee on the outlook for the U.S. economy. The Board's Division of Research and Statistics engages in economic analysis, forecasting, and research related to the domestic economy and financial markets. The Division also conducts several major programs in economic measurement, and provides research and analysis supporting the Federal
    ...
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  • Centers for Medicare and Medicaid Services issues Proposed Additional Rule to Address Risk Adjustment Program for the 2018 Benefit Year

    Centers for Medicare and Medicaid Services issues Proposed Additional Rule to Address Risk Adjustment Program for the 2018 Benefit Year



    Proposed rule seeks to provide certainty and sustain consumer choices and affordability


    (August 8, 2018) - - Today’s notice of proposed rulemaking, “Patient Protection and Affordable Care Act; Methodology for the HHS-operated Permanent Risk Adjustment Program for 2018 Proposed Rule,” proposes to adopt the risk adjustment methodology that HHS previously established for the 2018 benefit year which uses the statewide average premium in the payment transfer formula. “Today’s proposed rule continues our effort to help stabilize the individual and small group markets,” said CMS Administrator Seema Verma. “Our goal has been, and will continue to be, to stabilize the market and provide American consumers with more affordable health cove
    ...
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  • U.S. Department of Homeland Security Announces Funding Opportunity for Fiscal Year 2018 Preparedness Grants

    U.S. Department of Homeland Security Announces Funding Opportunity for Fiscal Year 2018 Preparedness Grants



    (May 21, 2018) - - Secretary of Homeland Security Kirstjen M. Nielsen today announced the release of Fiscal Year (FY) 2018 Notices of Funding Opportunity for eight DHS preparedness grant programs totaling more than $1.6 billion. The grant programs provide funding to state, local, tribal, and territorial governments, as well as transportation authorities, nonprofit organizations, and the private sector, to improve the nation’s readiness in preventing, protecting against, responding to, recovering from and mitigating terrorist attacks, major disasters and other emergencies. The grants reflect the Department’s focus on funding for programs that address our nation’s immediate security needs and ensure public safety in our communities. “The administration remains committed to strength...
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  • Staff Reporter 1
    U.S. Department of Veterans Affairs Solid Start program makes Strides in First Year
    by Staff Reporter 1
    U.S. Department of Veterans Affairs Solid Start program makes Strides in First Year | site |


    VA says successful contact made with recently separated Veterans during first 365-days following transition from military service


    (Information contained in U.S Department of Veterans Affairs press release: December 2, 2020)

    Washington - - The U.S. Department of Veterans Affairs (VA) announced today, as VA Solid Start celebrates its one year anniversary — the Veterans Benefits Administration connected with nearly 70,000 newly-separated service members. Annually, the program aims to proactively contact Veterans three times during their first year of transition from military to civilian life at the 90-, 180- and 360-day mark after separation. “The department’s efforts have been effective,” said VA Secretary Robert Wilkie. “Approximately 124,000 service members separated from the military in fiscal year 2020, and nearly 60% of those
    ...
    12-03-2020, 08:34 AM
  • Staff Reporter 1
    SEC Chairman Jay Clayton Confirms Plans to Conclude Tenure at Year End
    by Staff Reporter 1
    U.S. Securities and Exchange Commission Chairman Jay Clayton Confirms Plans to Conclude Tenure at Year End | site |



    Clayton Led Agency Through Period of Historic Productivity and Unprecedented Challenges; Commission Redoubled Focus on Interests of Long-Term Main Street Investors, Ensured Capital Markets Functioned With Increased Efficiency, Resilience and Transparency


    (November 16, 2020) - - On November 16, 2020 the U.S. Securities and Exchange Commission (SEC) published the following information:

    Washington D.C., Nov. 16, 2020 — Jay Clayton, Chairman of the Securities and Exchange Commission, confirmed today that after serving for more than three and a half years, he will conclude his tenure at the end of this year.

    Chairman Clayton was sworn in on May 4, 2017, and will leave the SEC as one of its longest serving Chairs. During his tenure, Chairman Clayton focused the agency’s resources on advancing the interests
    ...
    11-19-2020, 10:36 AM
  • Staff Reporter 1
    IRS provides Tax Inflation Adjustments for Tax Year 2021
    by Staff Reporter 1
    U.S. Internal Revenue Service provides Tax Inflation Adjustments for Tax Year 2021 | site |



    (October 26, 2020) - - On October 26, 2020 the U.S. Internal Revenue Service (IRS) published the following information:


    WASHINGTON — The Internal Revenue Service today announced the tax year 2021 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes. Revenue Procedure 2020-45 provides details about these annual adjustments.

    Highlights of changes in Revenue Procedure 2020-45

    The Consolidated Appropriation Act for 2020 increased the amount of the minimum addition tax for failure to file a tax return within 60 days of the due date. Beginning with returns due after Dec. 31, 2019, the new additional tax is $435 or 100 percent of the amount of tax due, whichever is less, an increase from $330. The $435 additional tax will be adjusted for inflation.

    The tax year
    ...
    11-07-2020, 10:14 PM
  • Staff Reporter 1
    Statement On Budget Results For Fiscal Year 2020
    by Staff Reporter 1
    Statement On Budget Results For Fiscal Year 2020 | site |




    (October 16, 2020) - - Today, October 16, 2020, the U.S. Department of the Treasury published the following information:




    Statement On Budget Results For Fiscal Year 2020



    WASHINGTON — U.S. Treasury Secretary Steven T. Mnuchin and White House Office of Management and Budget (OMB) Director Russell Vought today released the final budget results for fiscal year (FY) 2020.

    President Donald Trump took bold and swift action to protect public health from the effects of the unprecedented pandemic, signing into law four major pieces of legislation that address the health and economic effects of COVID-19. Through these laws, the Trump Administration has provided assistance to American workers and families, small businesses, and state, local, and tribal governments, and preserved jobs for American industry. Primarily due to these efforts,
    ...
    10-20-2020, 06:31 AM
  • Staff Reporter 1
    FHA Extends Foreclosure and Eviction Moratorium for Homeowners through Year End        |        site        |
    by Staff Reporter 1
    FHA Extends Foreclosure and Eviction Moratorium for Homeowners through Year End | site |


    Third extension will allow FHA-insured homeowners economically impacted by COVID-19 to focus on financial recovery


    (August 27, 2020) - - Today, August 27, 2020, the U.S. Department of Housing and Urban Development (HUD) published the following information:

    WASHINGTON - Today, the Federal Housing Administration (FHA) announced the third extension of its foreclosure and eviction moratorium through December 31, 2020, for homeowners with FHA-insured single family mortgages covered under the Coronavirus Relief and Economic Security (CARES) Act. This extension provides an additional four months of housing security to homeowners, as they will not fear losing their homes as they work to recover financially from the adverse impacts of the pandemic. With this third extension, FHA has now provided more than nine months of foreclosure and eviction relief
    ...
    08-31-2020, 01:56 PM

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