The updated
reporting requirements have a life-saving purpose: they will enable employers and workers to prevent future injuries by identifying and eliminating the most serious workplace hazards.
The IRS issued two related proposed regulation projects on health care coverage
reporting requirements under the Patient Protection and Affordable Care Act, P.
The NCUA has announced new call
reporting requirements for credit unions, codifying the recent troubled debt restructuring regulations and helps the agency keep closer tabs on delinquent auto and business loans.
Businesses are already overburdened with tax paperwork and
reporting requirements, so the additional requirements included in the PPACA will only increase the cost and complexity of complying with the tax code.
This legislation will place onerous
reporting requirements on individuals and organizations that lobby our national leaders on issues of importance to them.
Finally, the SEC stated that "ultimately, all public companies will be required to comply with the internal control
reporting requirements of Section 404," signaling that there is more guidance for smaller companies to come.
Clarifies requirements for contractor reporting of contract performance outside the United States; and establishes two separate clauses to eliminate confusion between two
reporting requirements previously contained in one clause.
Environmental Protection Agency alleging that the company failed to comply with the technical
reporting requirements of the Toxic Substances Control Act (TSCA) and the Resource Conservation Recovery Act (RCRA) regarding PFOA, an essential processing aid used to produce fluoropolymers.
The SEC proposed rules and reforms address the registration, disclosure and
reporting requirements for ABS.
Burdensome
reporting requirements stemming from the consolidation of plans as proposed would be a likely culprit.
For example, an entity that falls within the
reporting requirements of either Form 5471 or 8865 for a substantial portion of the year may change its status to an FDE.
Mandatory
reporting requirements have been around since 1986, beginning in Louisiana, but they are getting more expensive.
