Sunday - April 28, 2024
Federal Tipoffs Involving Maine Newsletter for Tuesday February 06, 2024 ( 3 items )  

FDIC: Regulatory Relief - Guidance to Help Financial Institutions, Facilitate Recovery in Areas of Maine Affected by Severe Storms, Flooding
WASHINGTON, Feb. 6 -- The Federal Deposit Insurance Corporation issued the following financial institution letter (No. FIL-05-2024) on Feb. 5, 2024: * * * The FDIC has announced a series of steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of Maine affected by severe storms and flooding. Statement of Applicability: The contents of, and material referenced in, this FIL apply to all FDIC-supervised financial institutions. Highlights: * Seve  more

IRS: Maine Taxpayers Impacted by Severe Storms and Flooding Qualify for Tax Relief
WASHINGTON, Feb. 6 -- The U.S. Department of the Treasury's Internal Revenue Service issued the following news release on Feb. 5, 2024: * * * Various Deadlines Postponed To June 17 * * * The Internal Revenue Service announced today tax relief for individuals and businesses in parts of Maine affected by severe storms and flooding that began on Dec. 17, 2023. These taxpayers now have until June 17, 2024, to file various federal individual and business tax returns and make tax payments. The I  more

SBA Disaster Loans Available in Maine for Private Non-Profit Organizations Affected by Severe Storms, Flooding
ATLANTA, Georgia, Feb. 6 -- The Small Business Administration issued the following news release on Feb. 5, 2024: The U.S. Small Business Administration (SBA) announced today that certain Private Non-Profit organizations (PNPs) in Maine that do not provide critical services of a governmental nature may be eligible to apply for low-interest disaster loans for damages as a result of severe storms and flooding on Dec. 17-21, 2023. Eligible PNP organizations in the counties of Androscoggin, Frankli  more