News Release 2020-22 | February 27, 2020 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) will host two workshops at the Holiday Inn & Suites in Charleston, W.V., April 14 and 15, for directors of national community banks and federal savings associations supervised by the OCC. The Risk Governance workshop on April […]
Monthly Archives: February 2020
NMPA and Peloton Announce Settlement of Litigation, Joint Collaboration Agreement
NEW YORK, Feb. 27, 2020 /PRNewswire/ — The National Music Publishers’ Association (NMPA), the trade association representing all American music publishers and their songwriting partners, and Peloton (NASDAQ: PTON), the world’s largest interactive fitness platform, today announced that they have fully settled the litigation brought last year by 14 NMPA members. In addition, Peloton and the […]
FTC and Commonwealth of Pennsylvania Challenge Proposed Merger of Two Major Philadelphia-area Hospital Systems
The Federal Trade Commission has authorized an action to block the proposed merger of Jefferson Health and Albert Einstein Healthcare Network, two leading providers of inpatient general acute care hospital services and inpatient acute rehabilitation services in both Philadelphia County and Montgomery County, Pennsylvania. The FTC issued an administrative complaint alleging that the proposed merger […]
United States and Switzerland Finalize the Swiss Humanitarian Trade Arrangement
WASHINGTON – The United States and Swiss Governments today finalized the terms of the Swiss Humanitarian Trade Arrangement (SHTA), which is now fully operational. The SHTA will further facilitate the flow of humanitarian goods to the Iranian people while safeguarding against the Iranian regime’s diversion of humanitarian trade for malign purposes. The SHTA is the […]
Treasury and IRS Announce National Taxpayer Advocate Appointment
Washington – Today, the U.S. Treasury Department and Internal Revenue Service (IRS) announced the appointment of Erin M. Collins to serve as the National Taxpayer Advocate (NTA). “Erin Collins will be an outstanding voice for American taxpayers,” said Secretary Steven T. Mnuchin. “She has a wealth of experience representing a broad range of taxpayers before […]
Low income taxpayer clinics represented 19,513 taxpayers dealing with an IRS tax controversy; see the latest program report and the 2020 LITC grant recipient list
Name of Organization City State Award Amount Alaska Business Development Center LITC Anchorage AK $76,000 Legal Services Alabama LITC Montgomery AL $100,000 UA Little Rock Bowen School of Law LITC Little Rock AR $100,000 Legal Aid of Arkansas LITC Springdale AR $64,000 Community Legal Services LITC Phoenix AZ $95,000 Southern Arizona Tax Clinic Tucson AZ […]
Some popular tax benefits renewed for 2019; IRS Publication 17 Helps with 2019 Taxes
IR-2020-44, February 26, 2020 WASHINGTON ― The Internal Revenue Service reminds taxpayers that it is processing tax returns claiming benefits extended or changed by recent legislation. Most taxpayers can file when they are ready – and as they normally would – if they are eligible for one or more of these benefits and claim them […]
Treasury Designates Martyrs Foundation Companies and Officials as Global Terrorists
Washington – The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today designated as Specially Designated Global Terrorists (SDGTs) three Lebanon-based officials and 12 Lebanon-based entities linked to the Martyrs Foundation, part of Hizballah’s support network. Specifically, OFAC designated Atlas Holding for being owned or controlled by the Martyrs Foundation, as well […]
Readouts from a Treasury Spokesperson on Secretary Mnuchin’s Bilateral Meetings in Qatar on Tuesday, February 25 and Wednesday, February 26, 2020
Readout from a Treasury Spokesperson on Secretary Mnuchin’s meeting with His Excellency Saad Al-Kaabi, Minister of State for Energy Affairs of Qatar Doha – U.S. Treasury Secretary Steven T. Mnuchin met with His Excellency Saad Al-Kaabi, Qatari Minister of State for Energy Affairs. The Secretary and Energy Minister visited the Ras Laffan Industrial City and discussed […]
FTC Files Suit to Block Joint Venture between Coal Mining Companies Peabody Energy Corporation and Arch Coal
The Federal Trade Commission has filed an administrative complaint challenging a proposed joint venture between Peabody Energy Corporation and Arch Coal. The transaction would combine their coal mining operations in the Southern Powder River Basin, located in northeastern Wyoming. The complaint alleges that the transaction will eliminate competition between Peabody and Arch Coal, which are the […]