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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.

students internet access
National

FTC Seeks to Tighten Online Privacy Rules for Children

December 28, 2023December 25, 2023 - by Maryann Pugh

The Federal Trade Commission (FTC) is proposing changes to the Children’s Online Privacy Protection Rule (COPPA Rule) in a bid to protect children’s personal data more robustly. The proposed changes …

FTC Seeks to Tighten Online Privacy Rules for Children Read More

Hydrogen
National

Treasury Department Unveils Proposed Regulations for Tax Credit on Clean Hydrogen Production

December 28, 2023December 25, 2023 - by Maryann Pugh

The United States Treasury Department and the Internal Revenue Service (IRS) have jointly issued a set of proposed regulations outlining the administration of the tax credit for clean hydrogen production. …

Treasury Department Unveils Proposed Regulations for Tax Credit on Clean Hydrogen Production Read More
Facial Recognition
National

Rite Aid Banned From Using Facial Recognition Tech for Surveillance Amid FTC Charges

December 28, 2023December 25, 2023 - by Maryann Pugh

In a landmark decision, the Federal Trade Commission (FTC) has barred retail giant Rite Aid from using facial recognition technology for surveillance purposes for a period of five years. The …

Rite Aid Banned From Using Facial Recognition Tech for Surveillance Amid FTC Charges Read More

Internal Revenue Service (IRS)
National

IRS Launches Voluntary Disclosure Program to Rectify Erroneous Employee Retention Credit Claims

December 28, 2023December 25, 2023 - by Maryann Pugh

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
Court News
National

Federal Court Halts Multi-Million Dollar Business Opportunity Scheme Following FTC Request

December 28, 2023December 25, 2023 - by Maryann Pugh

A federal court has temporarily halted a multimillion-dollar business venture scam, known as “Blueprint to Wealth,” at the request of the Federal Trade Commission (FTC). The scheme had been operating …

Federal Court Halts Multi-Million Dollar Business Opportunity Scheme Following FTC Request Read More

senior couple planning retirement
National

IRS Raises Age for Required Minimum Distributions from Retirement Accounts in 2023

December 28, 2023December 25, 2023 - by Maryann Pugh

The Internal Revenue Service (IRS) is drawing attention to the upcoming deadlines for required minimum distributions (RMDs) from individual retirement arrangements (IRAs) and other retirement plans for individuals born before …

IRS Raises Age for Required Minimum Distributions from Retirement Accounts in 2023 Read More
Artificial intelligence
National

FTC Report Highlights Creative Professionals’ Concerns Over Generative AI

December 27, 2023December 25, 2023 - by Maryann Pugh

In a new report, the Federal Trade Commission (FTC) has outlined key concerns from creative professionals about the use of generative artificial intelligence (AI) in their fields. The report follows …

FTC Report Highlights Creative Professionals’ Concerns Over Generative AI Read More

US Department of the Treasury
National

Treasury Department Extends Safe Harbor for Commercial Clean Vehicle Credit in 2024

December 27, 2023December 25, 2023 - by Maryann Pugh

The United States Treasury Department and the Internal Revenue Service (IRS) have jointly issued Notice 2024-05, providing updated guidance on the commercial clean vehicle credit. This notice, which pertains to …

Treasury Department Extends Safe Harbor for Commercial Clean Vehicle Credit in 2024 Read More
Mergers and Acquisitions
Mergers and Acquisitions / National

FTC and Justice Department Release 2023 Merger Guidelines Reflecting Modern Market Realities

December 27, 2023December 25, 2023 - by Maryann Pugh

The Federal Trade Commission (FTC) and the Justice Department have unveiled the 2023 Merger Guidelines, a comprehensive document outlining the factors and frameworks used by these agencies in reviewing mergers …

FTC and Justice Department Release 2023 Merger Guidelines Reflecting Modern Market Realities Read More
Internal Revenue Service (IRS)
National

IRS Announces $1 Billion in Penalty Relief for Overdue Taxpayers Amid Pandemic

December 27, 2023December 25, 2023 - by Maryann Pugh

The Internal Revenue Service (IRS) recently unveiled a bold initiative to provide penalty relief to approximately 4.7 million individuals, businesses, and tax-exempt organizations that did not receive automated collection reminder …

IRS Announces $1 Billion in Penalty Relief for Overdue Taxpayers Amid Pandemic Read More

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