News Release 2020-39 | March 22, 2020 Share This Page: Joint Release Board of Governors of the Federal Reserve System Federal Deposit Insurance CorporationNational Credit Union AdministrationOffice of the Comptroller of the CurrencyConsumer Financial Protection BureauConference of State Bank Supervisors The federal financial institution regulatory agencies and the state banking regulators issued an interagency statement encouraging […]
Monthly Archives: March 2020
OCC Revises Short-Term Investment Fund Rule
News Release 2020-38 | March 22, 2020 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced an interim final rule to revise its short-term investment fund (STIF) rule for national banks acting in a fiduciary capacity. The rule allows the OCC to authorize banks to temporarily extend maturity limits of these […]
Interagency Statement on Loan Modifications by Financial Institutions Working with Customers Affected by the Coronavirus
FIL-22-2020 March 22, 2020 Interagency Statement on Loan Modifications by Financial Institutions Working with Customers Affected by the Coronavirus Printable Format: FIL-22-2020 – PDF (PDF Help) Summary: The FDIC, the Board of Governors of the Federal Reserve System (FRB), the Office of the Comptroller of the Currency, the National Credit Union Administration, the state banking […]
Treasury and IRS Delay Federal Tax Day from April 15 to July 15 Due to COVID-19 Outbreak
Washington – Following President Donald J. Trump’s emergency declaration pursuant to the Stafford Act, the U.S. Treasury Department and Internal Revenue Service (IRS) yesterday announced that the tax filings and payments for all federal income taxes (including self-employment tax) due on April 15, 2020, regardless of amount, will now be due on July 15, 2020. […]
Tax Day now July 15: Treasury, IRS extend filing deadline and federal tax payments regardless of amount owed
IR-2020-58, March 21, 2020 WASHINGTON — The Treasury Department and Internal Revenue Service announced today that the federal income tax filing due date is automatically extended from April 15, 2020, to July 15, 2020. Taxpayers can also defer federal income tax payments due on April 15, 2020, to July 15, 2020, without penalties and interest, […]
BRP REPORTS RESULTS FOR ITS FOURTH QUARTER AND FY20 YEAR-END
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Treasury, IRS, and Labor Announce Plan to Implement Coronavirus-Related Paid Leave for Workers and Tax Credits for Small and Midsize Businesses to Swiftly Recover the Cost of Providing Coronavirus-Related Leave
IR-2020-57 WASHINGTON – Today the U.S. Treasury Department, Internal Revenue Service (IRS), and the U.S. Department of Labor (Labor) announced that small and midsize employers can begin taking advantage of two new refundable payroll tax credits, designed to immediately and fully reimburse them, dollar-for-dollar, for the cost of providing Coronavirus-related leave to their employees. […]
Treasury, IRS and Labor announce plan to implement Coronavirus-related paid leave for workers and tax credits for small and midsize businesses to swiftly recover the cost of providing Coronavirus-related leave
IR-2020-57, March 20, 2020 WASHINGTON — Today the U.S. Treasury Department, Internal Revenue Service (IRS), and the U.S. Department of Labor (Labor) announced that small and midsize employers can begin taking advantage of two new refundable payroll tax credits, designed to immediately and fully reimburse them, dollar-for-dollar, for the cost of providing Coronavirus-related leave to […]
FTC Staff Provides Annual Letter to CFPB On Fair Debt Collection Practices Act Activities
The staff of the Federal Trade Commission has provided the Consumer Financial Protection Bureau (CFPB) with an annual summary of the FTC’s activities enforcing the Fair Debt Collection Practices Act (FDCPA). The FTC shares enforcement responsibility for the FDCPA with the CFPB, which provides an annual report to Congress about debt collection enforcement activities. The […]
Tesla Operational Update
PALO ALTO, Calif., March 19, 2020 (GLOBE NEWSWIRE) — In the past few days, we have met with local, state and federal officials. We have followed and are continuing to follow all legal directions and safety guidelines with respect to the operations of our facilities, and have honored the Federal Government’s direction to continue operating. […]