Thursday - October 31, 2024
News Tipoffs - Illinois Editors Newsletter for Sunday October 27, 2024 ( 2 items )  

Census Bureau Issues Working Paper Entitled 'Uneven Cost of Residential Segregation for Network-Based Hiring'
WASHINGTON, Oct. 26 -- The U.S. Census Bureau issued the following working paper (No. CES-24-56) entitled "The Uneven Cost of Residential Segregation for Network-Based Hiring." The paper was written by Tam Mai. Here are excerpts: * * * The neighborhood in which a person lives can have far-reaching consequences for their life. It has been documented in many contexts that individuals in high-poverty areas have worse health, attain less education, and achieve lower general economic wellbeing th  more

IRS Issues Notice No. 2024-70 Entitled 'Extension of Replacement Period for Livestock Sold on Account of Drought'
WASHINGTON, Oct. 21 -- The U.S. Department of the Treasury's Internal Revenue Service issued the following notice (No. 2024-70) in Internal Revenue Bulletin (No. 2024-43): * * * SECTION 1. PURPOSE This notice provides guidance regarding an extension of the replacement period under Sec. 1033(e) of the Internal Revenue Code for livestock sold on account of drought in specified counties. SECTION 2. BACKGROUND .01 Nonrecognition of Gain on Involuntary Conversion of Livestock. Section 1033(a) ge  more