IRS: Some wellness expenses not deductible under tax code
The IRS issued a reminder to taxpayers, businesses and heath spending plan administrators that personal expenses for general health and...
Newsbytes
ABA Data Bank: Projected new energy demand in North America doubles
Forecasted demand for new energy has skyrocketed due to the rapid innovation in artificial intelligence.
House passes capital formation package
The House passed a package of capital markets bills that included ABA-supported provisions on SEC reporting thresholds and 403(b) retirement...
FHFA launches test program aimed at reducing closing costs
FHFA Director Sandra Thompson announced that the agency has launched a pilot program to waive the requirement that lenders first...
IRS holds off on IVES updates, seeks industry input
IVES allows taxpayers to authorize third parties to request their tax return or wage transcripts to obtain a residential or...
275,000 jobs added in February, unemployment rate increased to 3.9%
The U.S. economy added 275,000 nonfarm jobs in February, the Labor Department said.
Fed finalizes operational risk management rule for market utilities
The final rule is intended to address changes to the operational risk, technology and landscape in which FMUs operate that...
Mortgage rates fall
The rate for a 30-year fixed-rate mortgage was 6.88% this week, down from last week when it averaged 6.94%. A...
Consumer credit increased in January
Consumer credit increased at a seasonally adjusted annual rate of 4.7% in January, the Federal Reserve reported.
U.S. international trade deficit increases in January
The international trade deficit was $67.4 billion in January, up $3.3 billion from $64.2 billion in December, the Commerce Department...
