Chester County News and Community Website
MyChesCo is committed to keeping our readers informed about the latest national news. We work hard to provide stories that are relevant to our local audience. Our National News section is updated daily, so you can be sure you’re always up-to-date on the latest developments. In addition to National News, you can also find sections for Local News, Sports, Business, and more. MyChesCo.com is your one-stop shop for all the news that affects your life in Chester County. Whether it’s politics, business, or entertainment, MyChesCo has you covered.
WASHINGTON, D.C. — The Internal Revenue Service (IRS) has introduced new guidelines under Notice 2024-55, providing crucial exceptions to the additional tax on early retirement plan distributions. These rules, effective …
IRS Issues New Rules for Early Retirement Plan Withdrawals in Emergencies and Domestic Abuse Cases Read More
WASHINGTON, D.C. — The Internal Revenue Service (IRS) has announced plans to deny tens of thousands of improper Employee Retention Credit (ERC) claims following an extensive review aimed at safeguarding …
IRS to Deny Thousands of Improper Employee Retention Credit Claims Read More
WASHINGTON, D.C. — The Department of the Treasury and the Internal Revenue Service (IRS) have finalized regulations on prevailing wage and apprenticeship (PWA) requirements tied to enhanced credit or deduction …
Treasury and IRS Finalize Regulations on Clean Energy Wage Requirements Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has brought the hammer down on a major reverse mortgage servicing operation. This decisive action follows a concerning discovery by the …
Crackdown on Reverse Mortgage Servicers: A Victory for Aging Homeowners Read More
WASHINGTON, D.C. — The Internal Revenue Service (IRS) has released new guidance on the tax treatment of educational assistance programs, providing clarity for both employers and employees. These frequently asked …
IRS Clarifies Tax Rules for Employer-Provided Educational Assistance Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) is taking action against Freedom Mortgage Corporation, a major mortgage lender, for repeatedly submitting error-filled mortgage loan data to federal regulators. …
CFPB Seeks $3.95 Million Penalty from Freedom Mortgage for Inaccurate Data Reporting Read More
WASHINGTON, D.C. — The Internal Revenue Service (IRS) has unveiled a series of new initiatives aimed at curbing abusive partnership transactions that enable wealthy taxpayers to evade paying their fair …
IRS Cracks Down on Abusive Partnership Transactions with New Measures Read More
WASHINGTON, D.C. — The Food and Drug Administration (FDA) has approved the first generic version of the animal drug Temaril-P, offering a new option for pet owners and veterinarians. Trimeprazine …
FDA Approves First Generic Animal Drug for Itching and Cough Relief in Dogs Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has taken significant steps to hold James R. Carnes and Melissa C. Carnes accountable for their attempt to avoid paying restitution …
CFPB Reaches Settlement with Couple Over Fraudulent Transfers Read More
SEATTLE, WA — A new analysis from Zillow® reveals that to comfortably afford a typical home in the U.S., the median-income homebuyer needs nearly $127,750 for a down payment. This …
Soaring Down Payments Challenge U.S. Homebuyers Read More