Chester County News and Community Website
WASHINGTON, D.C. — Some medical marijuana businesses could soon gain access to federal tax deductions after a planned policy shift tied to the reclassification of certain cannabis products, federal officials …
Marijuana Tax Shift Could Cut Costs for Some Businesses Read More
WASHINGTON, D.C. — Taxpayers could see clearer IRS notices, faster response times, and expanded online tools under a new set of recommendations released in the Taxpayer Advocacy Panel’s 2025 Annual …
IRS Advisory Panel Pushes Changes to Cut Delays, Confusion Read More
WASHINGTON, D.C. — The Internal Revenue Service is asking the public to report suspected misuse of federal funds, launching a new alert system aimed at identifying fraud involving tax-exempt organizations, …
IRS Seeks Tips on Fraud, Offers Cash Rewards to Whistleblowers Read More WASHINGTON, D.C. — Taxpayers with outstanding tax debt now have a new online tool to help them understand repayment options and resolve balances more efficiently, the Internal Revenue Service announced.
IRS Launches Tool to Help Taxpayers Tackle Debt Faster Read More WASHINGTON, D.C. — Taxpayers will have additional opportunities to get in-person help from the Internal Revenue Service later this month, with special Saturday office hours scheduled nationwide. What This Means …
IRS Opens Saturday Tax Help Taxpayers Read More
WASHINGTON, D.C. — More tipped workers will be able to claim a federal tax deduction under finalized rules defining which jobs qualify and what counts as a “tip,” the Department …
Final IRS Tip Tax Rule Expands Who Qualifies for Break Read More
WASHINGTON, D.C. — Americans who send money overseas using cash or similar payment methods will face a new 1% federal tax beginning in 2026 under proposed rules released Friday by …
New IRS Rule Targets Cash Transfers Abroad With 1% Tax Read More
WASHINGTON, D.C. — Religious organizations could receive clearer federal guidance on what they can say about politics during services, as the Treasury Department and Internal Revenue Service move to define …
IRS Moves to Clarify Rules on Church Political Speech Read More
WASHINGTON, D.C. — Taxpayers who have not yet filed their federal returns still have time to avoid penalties and interest by submitting their filings and paying any taxes owed before …
IRS Urges Last-Minute Filers to Avoid Penalties Read More
WASHINGTON, D.C. — More than 4 million children have been enrolled in newly created tax-advantaged savings accounts, with over 1 million qualifying for a federal $1,000 contribution under a pilot …
IRS Reports Millions Enrolled in New Child Savings Accounts Read More