Internet of Things, Home Security Camera

FTC Staff Report Highlights Lack of Transparency on Software Update Durations for Smart Products

WASHINGTON, D.C. — A recent Federal Trade Commission (FTC) staff report has revealed significant gaps in how manufacturers of smart products communicate software update durations to consumers. According to the findings, …

FTC Staff Report Highlights Lack of Transparency on Software Update Durations for Smart Products Read More




Internal Revenue Service (IRS)

IRS Provides Transitional Relief for Third-Party Settlement Organizations on Reporting Thresholds

WASHINGTON, D.C. — The Internal Revenue Service (IRS) issued Notice 2024-85 this week, granting transitional relief for third-party settlement organizations (TPSOs) regarding transaction reporting and backup withholding requirements. This guidance sets …

IRS Provides Transitional Relief for Third-Party Settlement Organizations on Reporting Thresholds Read More