Federal regulations

IRS proposes to raise dollar thresholds for information reporting requirements on business payments and modify wagering loss limitations, with a public hearing scheduled following the April 17, 2026 Federal Register notice.

IRS invites public comments on an information collection request under the Paperwork Reduction Act of 1995 regarding a Statement of Payments Received.

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GSA seeks public comment on a draft acquisition regulation clause requiring basic data safeguards for Large Language Model systems used in federal contracts.

OMB review submission process requires federal agencies to seek public comment on information collection requests before implementation.

The Deputy Secretary of Defense designates specific Chinese entities as "Chinese military companies" under statutory criteria, which may restrict U.S. business dealings with those firms.

USTR seeks public comments on a proposed U.S.-China Board of Trade mechanism to negotiate reciprocal tariff reductions on non-sensitive products and rebalance bilateral trade.

USTR initiated 60 investigations into forced labor import prohibitions on March 12, 2026, and proposes additional duties of 10-12.5% on products from 60 economies, with a public comment period and hearings to follow.

IRS seeks public comments on an extension request for information return filing deadlines under the Paperwork Reduction Act of 1995.