Chester County News and Community Website
WASHINGTON, D.C. — The Department of the Treasury and the Internal Revenue Service (IRS) have issued final regulations classifying certain partnership related-party basis adjustment transactions as transactions of interest (TOIs). These …
Treasury and IRS Finalize Rules on Partnership Basis Shifting Transactions Read More
WASHINGTON, D.C. — The Internal Revenue Service (IRS) is reminding taxpayers to make their fourth quarter estimated tax payment by January 15, 2025, if they underpaid federal taxes in 2024. The …
Don’t Get Hit with Costly Penalties—Act Now to Avoid a Tax Bill Before January 15 Deadline! Read More
PHILADELPHIA, PA — The City of Philadelphia Department of Revenue has resumed door-to-door investigations as part of its standard practices to ensure tax compliance and verify eligibility for assistance programs. These …
Philadelphia Revenue Department Resumes Door-to-Door Tax Investigations Read More
HARRISBURG, PA — Thousands of Pennsylvanians are potentially leaving critical financial relief on the table as the December 31 deadline for the Property Tax/Rent Rebate (PTRR) program looms. Governor Josh Shapiro …
Don’t Miss Out! Governor Shapiro’s Expanded Tax Rebate Could Put $1,000 Back in Your Pocket—Apply Before It’s Too Late! Read More
KING OF PRUSSIA, PA — Vertex Inc. (NASDAQ: VERX) has unveiled a new survey showcasing the critical role of automation and digital transformation in enhancing business growth within tax and …
Vertex Inc. Highlights Urgency in Tax and Finance Transformation Survey Read More WASHINGTON, D.C. — In the wake of Hurricane Helene, the Internal Revenue Service (IRS) has declared extensive tax relief measures for individuals and businesses across the affected regions. This relief extends …
IRS Announces Comprehensive Tax Relief for Hurricane Helene Victims Read More
WASHINGTON, D.C. — In response to the recent terrorist attacks in Israel, the Internal Revenue Service (IRS) has announced an extension of tax relief for affected individuals and businesses. This move …
IRS Extends Tax Relief Deadlines for Victims of Israel Attacks Read More
WASHINGTON, D.C. — As the tax filing season approaches, the Internal Revenue Service (IRS) is actively recruiting volunteers for its Volunteer Income Tax Assistance (VITA) and Tax Counseling for the Elderly …
IRS Seeks Volunteers for Vital Tax Assistance Programs Read More
HARRISBURG, PA — On Tuesday, the Pennsylvania House unanimously passed House Bill 2536, a measure designed to extend property tax relief across the state through Longtime Owner-Occupant Programs (LOOPs). This …
Pennsylvania House Approves Statewide Property Tax Relief for Longtime Homeowners Read More
HARRISBURG, PA — In September, Pennsylvania reported a mixed financial performance, collecting $4.2 billion in General Fund revenue, as reported by Revenue Secretary Pat Browne. This figure was slightly below …
Pennsylvania’s September Revenue: Navigating Fiscal Challenges and Opportunities Read More