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FTC Finalizes $7 Million Settlement With H&R Block – PYMNTS.com

The FTC announced that it had completed a $7 million settlement. H&R Block. Federal Trade Commission (FTC) announced The settlement was made on Wednesday (January 8) as part of a larger agreement with tax preparation firms. The company has agreed to make a number of changes to its business practices ahead of the 2025 tax […]

Biden finalizes contentious hydrogen guidance

{beacon} energy and environment energy and environment Full text   EPA decides formaldehyde poses an 'unreasonable risk' to humans and needs to be regulated The Biden administration has formally determined that the chemical formaldehyde poses an “unreasonable” risk to human health and should be regulated. Full text   Trump slams UK energy policy and 'windmills', […]

NASA finalizes strategy for human presence in space

This week, NASA finalized its strategy for maintaining a human presence in space. One document emphasized the importance of maintaining the International Space Station's ability to remain in orbit for long periods after it is retired. “NASA's Low Earth Orbit Microgravity Strategy will guide NASA toward the next generation of continued human presence in orbit, […]

Biden administration finalizes nearly $8B in CHIPS funding for Intel

Under the final agreement with the Biden administration, Intel will receive approximately $7.86 billion in CHIPS and Science Act funding to build new semiconductor manufacturing facilities in four states. The final award is more than $600 million less than the $8.5 billion originally announced in March, after the chipmaker signed a separate $3 billion contract […]

FTC finalizes ‘click to cancel’ rule making it easier to cancel subscriptions

Former FTC chief engineer Neil Chilson discusses Google facing its third antitrust lawsuit from the Department of Justice and why regulators are going after Big Tech. The Federal Trade Commission (FTC) announced Wednesday that it has finalized the following: “Click to cancel” rule To do so, companies will need to make it easy for consumers […]

US finalizes details of Boeing 737 MAX guilty plea deal

The Justice Department announced that aircraft maker Boeing has agreed to plead guilty to fraud conspiracy charges and pay a $243.6 million penalty for violating a 2021 deferred prosecution agreement, according to a court filing on Wednesday. Boeing agreed to plead guilty in principle to conspiring to defraud the Federal Aviation Administration on July 7 […]

IRS Finalizes Guidance On Treatment Of Inherited IRAs – Forbes

The final regulations provide clarity regarding inherited IRA withdrawals and eligibility requirements. Getty The IRS has issued further guidance on required minimum distribution (RMD) rules, this time in the form of a final rule. of Final Rule Clarify inherited IRA withdrawals and eligibility requirements. RMD By law, you are required to withdraw money from your […]

US Treasury finalizes crypto rules to prevent tax evasion – Engadget

People who own and sell cryptocurrency already have to pay tax on the proceeds, but the new rules mean Confirm The new rules will require crypto platforms, including exchanges and payment processors, to report users’ transactions to the IRS. The Wall Street JournalOfficials hope the move will help the IRS get an accurate picture of […]