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 interest rates for customs duties increase to 7 percent for underpayments and 6-7 percent for overpayments effective July 1, 2026, affecting importers and CBP personnel.

OFAC has added one or more persons to the Specially Designated Nationals and Blocked Persons List, freezing their U.S. assets and prohibiting American persons from conducting transactions with them.

CBP's information collection request under the Paperwork Reduction Act seeks OMB approval and public comment for revised entry summary reporting requirements.

The Department of Commerce initiates sunset reviews of existing antidumping and countervailing duty orders to determine whether revocation would likely result in continued or recurrent dumping or subsidization.

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OFAC has added persons to the Specially Designated Nationals and Blocked Persons List, blocking all U.S. property and transactions involving them, and updated identifying information for an existing designee.

Federal directive requiring small businesses handling federal data to transition from vulnerable cryptographic standards to post-quantum resistant encryption by December 31, 2030.

Consumer Product Safety Commission seeks comments on extending OMB approval for flammability standards collections for clothing textiles and vinyl plastic film; current approval expires October 31, 2026.

OFAC has added one or more entities to the Specially Designated Nationals and Blocked Persons List, blocking all U.S.-jurisdiction property and prohibiting transactions by U.S. persons with these designees.