Notice 12 May 2025 irs, construction, tax regulation, contributions, public utilities

🏗️IRS Seeks Comments on Contributions for Aid of Construction

The Internal Revenue Service, as part of its continuing effort to reduce paperwork and respondent burden, invites the public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995. Currently, the IRS is soliciting comments concerning the burden related to contributions for aid of construction under section 118(c).

Learn More
Rule 16 Apr 2025 regulations, finance, federal employees, claims, pensions, government employees, contributions, retirement, tsp, retirement savings

💰Final Rule on Late Contributions

The Federal Retirement Thrift Investment Board (FRTIB) adopts as final, without changes, the proposed rule permitting the TSP record keeper to calculate gains and losses on late contributions, makeup contributions, loan payments even when the total amount on a late payment record or total agency contributions on a current payment record is less than $1.00.

Learn More
Compliance, Financial Implications 30 Jan 2025 federal election commission, campaign finance, lobbying, contributions, 2025 regulation

💼Adjusted Contribution Limits for 2025 by Federal Election Commission

As mandated by provisions of the Federal Election Campaign Act ("the Act"), the Federal Election Commission ("the Commission") is adjusting certain contribution and expenditure limitations and the lobbyist bundling disclosure threshold set forth in the Act, to index the amounts for inflation. Additional details appear in the supplemental information that follows.

Learn More