Hot Topics

• The House of Representatives passed a Senate joint resolution to overturn the CFPB's final rule implementing Section 1071 of the Dodd-Frank Act -- the small business data collection rule. However, the White House has stated that President Biden intends to veto the legislation.

• Comptroller Thomas DiNapoli released a report, Taxpayer Movement During the Pandemic, which among other things found that in 2021, the total number of New York State personal income tax filers declined for the first time since the Great Recession.