Chester County News and Community Website
WEST CHESTER, PA — Fred Beans Automotive Group has amplified its commitment to local educational initiatives, contributing a robust $500,000 through the Pennsylvania Educational Improvement Tax Credit (EITC) Program. This …
Fred Beans Automotive Doubles Educational Donations to $500,000 Read More
HARRISBURG, PA — Governor Josh Shapiro recently signed into law an expansion of the Childcare Tax Credit. This change is set to benefit nearly 210,000 Pennsylvania families, including an estimated …
Chester County Families See Financial Relief with Expansion of Childcare Tax Credit Read More
BERWYN, PA — In case you missed it, Governor Josh Shapiro recently joined forces with legislative leaders and the Chester County Chamber of Business & Industry to spotlight a significant …
Expanded Childcare Tax Credit: A Ray of Hope for Pennsylvania Families and Economy Read More BERWYN, PA — In Pennsylvania, the burden of childcare costs has been a growing concern. The average cost in 2023 ranged from $9,000 to $13,000 — consuming over 15 percent …
Pennsylvania Boosts Childcare Tax Credit: A Financial Lifeline for Families Read More
The Internal Revenue Service (IRS) has recently updated its frequently asked questions (FAQs) concerning the New, Previously Owned, and Qualified Commercial Clean Vehicle Credits. This move brings much-needed clarity to …
IRS Offers Clarity on Clean Vehicle Credits With Updated FAQs Read More
READING, PA — EnerSys (NYSE: ENS), a global leader in stored energy solutions for industrial applications, recently revised its fiscal third quarter 2024 outlook. This update follows the December 14, …
EnerSys Upgrades Fiscal Q3 Outlook Following Proposed Treasury Regulations Read More
The Internal Revenue Service (IRS) recently introduced a new Voluntary Disclosure Program aimed at assisting businesses that erroneously claimed the Employee Retention Credit (ERC). This initiative offers an avenue for …
IRS Launches Voluntary Disclosure Program to Rectify Erroneous Employee Retention Credit Claims Read More
U.S. Senator Bob Casey (D-PA) has voiced concerns over the Biden Administration’s proposed rule for the 45V hydrogen production tax credit. The proposed rule, aimed at jumpstarting clean hydrogen production …
Senator Casey Questions Biden Administration’s Proposed Hydrogen Tax Credit Rule Read More
The Internal Revenue Service (IRS) has recently released the optional standard mileage rates for 2024. These rates are used to compute the deductible costs of operating an automobile for various …
IRS Announces 2024 Standard Mileage Rates for Automobile Usage Read More
The Treasury Department and the Internal Revenue Service (IRS) have recently issued Notice 2024-06, providing guidance on the new Sustainable Aviation Fuel (SAF) credit. This tax incentive was established by …
Treasury Department and IRS Release Notice for Sustainable Aviation Fuel Credit Read More