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Day: January 21, 2025

IRS Proposes New Regulations for Retirement Plan Catch-Up Contributions

The IRS has proposed new regulations regarding catch-up contributions for retirement plans, primarily affecting higher-income workers.

Federal Court Halts Beneficial Ownership Reporting Requirements: Key Updates for Accounting Professionals

“A federal appeals court has reinstated a nationwide injunction halting the enforcement of beneficial ownership information reporting requirements, impacting compliance deadlines set by the Corporate Transparency Act. Read more to stay updated.”

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