Saturday, May 29, 2021

Alert: Extended Relief for Registered Pension Plans and Deferred Salary Leave Plans | Blake,

The one-year extension announced by the Department of Finance Canada was introduced by way of proposed amendments to the  Income Tax Regulations  (2021 Draft Regulations), also released on May 20, 2021. For further information on the earlier 2020 Draft Regulations, please see our July 2020 Blakes Bulletin: Draft Pension and Deferred Salary Leave Tax Regulations Released .

The proposed extended temporary amendments to the registration rules and other conditions in the Income Tax Regulations set out in the 2021 Draft Regulations include:

Publisher: JD Supra
Twitter: @jdsupra
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Tax pros try to build post-season client pipelines | Accounting Today

With the extended tax season behind us and the potential end of the COVID-19 pandemic ahead, tax professionals are looking at a potential lull in business. What are they doing right now to fill their pipelines? Do they even have to?

"What 'post-season' pipeline? Is there a post-season?" asked Lawrence Pon, a CPA in Redwood City, California.

As firms rebuild from unprecedented months of financially pinched clients, remote work and filing deadlines constantly on the move, documenting their pipeline of prospective clients might help.

Publisher: Accounting Today
Date: 2021-05-28T18:38:13.185
Author: https www accountingtoday com author jeff stimpson 1641
Twitter: @AccountingToday
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Reaves Utility Income Fund Section 19(a) Notice | National News | kpvi.com

DENVER, May 28, 2021, /PRNewswire/ -- The Reaves Utility Income Fund (NYSE MKT: UTG) (the 'Fund'), a closed-end sector fund, paid a monthly distribution on its common stock of $0.18 per share to shareholders of record at the close of business on May 19, 2021.

The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder.

Publisher: KPVI
Author: Reaves Utility Income Fund
Twitter: @kpvi
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Justices' Nod To Preemptive Tax Challenges May Caution IRS - Law360

In the legal profession, information is the key to success. You have to know what's happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

Enter your details below and select your area(s) of interest to stay ahead of the curve and receive Law360's daily newsletters

Twitter: @law360
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Property tax reform hearings | Queenswide | qchron.com

The New York City Advisory Commission on Property Tax Reform will host virtual hearings on its 10 preliminary recommendations, scheduled for Queens on June 9, the Bronx on June 14 and Manhattan on June 16. All hearings will begin at 6 p.m.

City leaders for years have claimed interest in changing property tax regulations that result in having many residents in low- and middle-income neighborhoods paying higher rates than those in more well-to-do neighborhoods.

Publisher: Queens Chronicle
Twitter: @QueensChronicle
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V@ update - May 2021 - Lexology
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Stimulus check update: IRS has sent 167 million payments totaling $391 billion as Democrats keep

In this April 28, 2021, file photo President Joe Biden addresses a joint session of Congress in the House Chamber at the U.S. Capitol in Washington, as Vice President Kamala Harris, left, and House Speaker Nancy Pelosi of California, look on. (Melina Mara/The Washington Post via AP, Pool) AP

More than 167 million Americans have received COVID-19 stimulus checks for a combined total of $391 billion, the Internal Revenue Service announced this week.

Publisher: masslive
Date: 2021-05-27T11:58:07.651Z
Author: bkail
Twitter: @masslivenews
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Tekla World Healthcare Fund Paid Distribution | Business | valdostadailytimes.com

On May 28, 2021, Tekla World Healthcare Fund paid a monthly distribution of $0.1167 per share. It is currently estimated that this distribution is derived from return of capital or other capital source. The composition of this and subsequent distributions may vary from month to month because it may be materially impacted by future realized gains and losses on securities.

The following table sets forth the estimated amounts of the current distribution, paid on May 28, 2021, and the cumulative distributions paid this fiscal year-to-date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital or other capital source.

Publisher: Valdosta Daily Times
Twitter: @TheVDT
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Aberdeen Standard Investments U.S.

PHILADELPHIA, May 28, 2021 /PRNewswire/ -- The above-noted Aberdeen Standard Investments U.S. Closed-End Funds (the 'Funds' or individually the 'Fund'), today announced that the Funds paid the distributions noted in the table below on May 28, 2021, on a per share basis to all shareholders of record as of May 21, 2021 (ex-dividend date May 20, 2021).

Aberdeen Asset Management Inc. At Aberdeen, asset management is our business. We only manage assets for clients, allowing us to focus solely on their needs and deliver independent, objective investment advice. We know global markets from the local level upwards, drawing on more than 1,900 staff, across 32 offices in 23 countries. Investment teams are based in the markets or regions where they invest, delivering local perspective in a global investment environment.

Publisher: MDJOnline.com
Date: 2E0D4B72C6AE2F3B05983D28DEEA68C5
Author: Aberdeen Standard Investments U S Closed End Funds
Twitter: @NeighborNews
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Federal financial institutions legislative and regulatory reporter - April 2021 - Lexology
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