Oct 10, 2024 | Compliance Updates, IRS Notices
The Social Security Administration (SSA) recently announced the Cost-of-Living Adjustment (COLA) for 2025 at 2.5%, the lowest adjustment since 2020 (1.3%). The average COLA increase over the past decade has been 2.6%. While this year’s adjustment is lower than 2024’s...
Aug 14, 2024 | Compliance Updates
The U.S. Department of Housing and Urban Development (HUD) recently announced significant updates to the Housing Opportunity Through Modernization Act (HOTMA) that will take effect on January 1, 2025. These changes impact various programs, including Public and Indian...