Chester County News and Community Website
HARRISBURG, PA — As the tax season unfolds, Pennsylvanians are being urged to exercise caution against a pernicious scam that has been wreaking havoc across the nation – Internal Revenue …
Pennsylvanians Warned to Stay Vigilant Against IRS Imposter Scams This Tax Season Read More
WASHINGTON, D.C. — The Internal Revenue Service (IRS) and the Department of the Treasury have recently issued Notice 2024-20, providing crucial guidance on the eligible census tracts for the qualified …
IRS and Treasury Department Issue New Guidance on Alternative Fuel Vehicle Refueling Property Credit Read More
WASHINGTON, D.C. — A recent announcement from the Internal Revenue Service (IRS) has revealed that a particular group of tax exempt organizations will face delays regarding the electronic filing of …
Tax Exempt Organizations Face Delays: IRS Postpones Electronic Filing Read More
WASHINGTON, D.C. — The Internal Revenue Service (IRS) and the Treasury Department recently celebrated a significant achievement in the implementation of key provisions in the Inflation Reduction Act. The two …
IRS and Treasury Department Surpass Major Milestone in Clean Energy Tax Credits Implementation Read More
WASHINGTON, D.C. — In a move that could provide temporary relief to businesses dealing with digital assets, the Treasury Department and Internal Revenue Service (IRS) have announced that these entities …
Treasury Department Temporarily Eases Reporting Requirements for Digital Assets Read More
WASHINGTON, D.C. — The Internal Revenue Service (IRS) has released preliminary guidance to assist employers in implementing the newly introduced Pension-Linked Emergency Savings Accounts (PLESAs). These accounts, authorized under the …
IRS Provides Initial Guidance on Pension-Linked Emergency Savings Accounts: A New Avenue for Employee Savings Read More
WASHINGTON, D.C. — The Internal Revenue Service (IRS) has kicked off the tax season by launching its Free File Guided Tax Software service. This service, available on IRS.gov, provides cost-free …
The IRS Launched Free Tax Filing Tool: An Invaluable Opportunity for Millions of Taxpayers 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 WASHINGTON, D.C. — The Internal Revenue Service (IRS) is reaching out to taxpayers across the country with an online video series that seeks to demystify the complexities of tax forms …
IRS Sheds Light on Form 1099-K Reporting in Free Webinar, Plans for Lower Reporting Threshold in 2024 Read More
WASHINGTON, D.C. — The National Taxpayer Advocate, Erin M. Collins, has recently delivered her 2023 Annual Report to Congress, shedding light on the complexities and challenges taxpayers face due to …
National Taxpayer Advocate’s 2023 Report Rings Alarm on IRS Paper Processing Delays Read More