Chester County News and Community Website
HARRISBURG, PA — Pennsylvania’s financial outlook received a positive boost as the state reported General Fund revenue collections of $3.4 billion in October, surpassing projections by $57.1 million or 1.7 …
Pennsylvania’s Economic Triumph: Surging October Revenues Signal Financial Resilience Read More
HARRISBURG, PA — The Pennsylvania Department of Revenue reported that the state’s General Fund revenue for August reached $2.9 billion, surpassing projections by $53.9 million, or 1.9 percent. This encouraging …
Surprising Revenue Boost: What Pennsylvania’s August Collections Mean for the State’s Economy Read More
The Internal Revenue Service (IRS) is making significant strides to bring high-income individuals, complicated partnerships, and colossal corporations within the ambit of thorough scrutiny. Bolstered by the support of the …
IRS Intensifies Focus to Ensure Tax Compliance from High-Income Entities Read More
The Internal Revenue Service (IRS) recently launched the second phase of its online self-service tool for businesses, enhancing business tax account capabilities and broadening eligible entity types. The move is …
IRS Expands Online Service Tools for Business Taxpayers Read More The Department of Treasury, in collaboration with the Internal Revenue Service (IRS), recently issued Notice 2024-10. This notice provides additional interim guidance on the new corporate alternative minimum tax (CAMT). …
Treasury Department and IRS Issue Interim Guidance on New Corporate Alternative Minimum Tax Read More