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MyChesCo

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National

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.

Stock market
National

New IRS Rules for Corporate Stock Buyback Tax Take Effect

July 2, 2024July 1, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Department of the Treasury and the Internal Revenue Service (IRS) recenlty issued final regulations detailing how corporations should report and pay the new 1 percent excise …

New IRS Rules for Corporate Stock Buyback Tax Take Effect Read More

Federal Trade Commission
National

Massive Student Loan Scam Halted: Understanding the First Case Under FTC’s New Impersonation Rule

July 2, 2024July 1, 2024 - by Maryann Pugh

WASHINGTON, D.C. — In a watershed case, the Federal Trade Commission (FTC) has taken down a major student loan scam. Deploying its newly-minted Impersonation Rule for the first time, the …

Massive Student Loan Scam Halted: Understanding the First Case Under FTC’s New Impersonation Rule Read More
Bitcoins and U.S. Dollars
National

Digital Transactions Spotlighted: How New US Regulations Include Cryptocurrency in Tax Reporting

July 2, 2024July 1, 2024 - by Maryann Pugh

WASHINGTON, D.C. — There’s a new wave coming, and it’s digital. The U.S. Department of the Treasury and the Internal Revenue Service (IRS) recently released final regulations stipulating that brokers …

Digital Transactions Spotlighted: How New US Regulations Include Cryptocurrency in Tax Reporting Read More

Federal Trade Commission
National

FTC Bans Avast from Selling User Browsing Data, Orders $16.5 Million Payment

July 2, 2024July 1, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Federal Trade Commission (FTC) has finalized an order that bans software provider Avast from selling, disclosing, or licensing web browsing data for advertising purposes. This decision …

FTC Bans Avast from Selling User Browsing Data, Orders $16.5 Million Payment Read More
Cannabis plant
National

IRS Reminds Taxpayers: Marijuana Still Subject to Strict Federal Tax Rules

July 2, 2024July 1, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Internal Revenue Service (IRS) has issued a reminder to taxpayers that despite evolving state laws, marijuana remains classified as a Schedule I controlled substance under federal …

IRS Reminds Taxpayers: Marijuana Still Subject to Strict Federal Tax Rules Read More

Person holding syringe and vaccine bottle
Infectious Diseases / National

New Season, New Protection: CDC Urges Updated COVID-19 and Flu Vaccinations

July 2, 2024July 1, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Centers for Disease Control and Prevention (CDC) has issued a fresh set of recommendations for the upcoming 2024-2025 period, calling for updated COVID-19 and seasonal flu …

New Season, New Protection: CDC Urges Updated COVID-19 and Flu Vaccinations Read More
Internal Revenue Service (IRS)
National

IRS Advisory Committee Urges Major Reforms for Tax Filing System

July 1, 2024July 1, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Internal Revenue Service Electronic Tax Administration Advisory Committee (ETAAC) has released its 2024 annual report, presenting a comprehensive set of recommendations aimed at improving tax administration. …

IRS Advisory Committee Urges Major Reforms for Tax Filing System Read More

Food and Drug Administration
Health / Medical / National

FDA Approves Revolutionary Hepatitis C Test: A Game Changer in Disease Diagnosis and Management

July 1, 2024July 1, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The U.S. Food and Drug Administration (FDA) has greenlit the marketing of a ground-breaking Hepatitis C virus (HCV) test, developed by Cepheid, marking a significant step in …

FDA Approves Revolutionary Hepatitis C Test: A Game Changer in Disease Diagnosis and Management Read More
Internal Revenue Service (IRS)
National

IRS Offers Time-Limited Settlement to Taxpayers in Syndicated Conservation Easement Cases

July 1, 2024July 1, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Internal Revenue Service (IRS) has announced a time-limited settlement offer for taxpayers involved in Syndicated Conservation Easements (SCE) and similar transactions that are currently under audit. …

IRS Offers Time-Limited Settlement to Taxpayers in Syndicated Conservation Easement Cases Read More
Doctor putting eyeglasses on a man
National

Revamped FTC Eyeglass Rule Empowers Consumers: A Nudge Towards Fairer Marketplace

July 1, 2024July 1, 2024 - by Maryann Pugh

WASHINGTON, D.C. — After wrapping up a thorough review spanning several years, the Federal Trade Commission (FTC) has ratified final modifications to its Ophthalmic Practice Rules, colloquially known as the …

Revamped FTC Eyeglass Rule Empowers Consumers: A Nudge Towards Fairer Marketplace Read More

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