Chester County News and Community Website
WASHINGTON, D.C. — The Internal Revenue Service announced that certain payroll and information reporting requirements will remain unchanged for Tax Year 2025 as it phases in provisions of the One …
IRS Confirms No Changes to Key Tax Forms or Withholding Tables for 2025 Under OBBBA Read More
WASHINGTON, D.C. — The Internal Revenue Service is reminding businesses that they can continue offering tax-free student loan repayment assistance to employees through December 31, 2025.
IRS Reminds Employers of Student Loan Repayment Benefit Through 2025 Read More
WASHINGTON, D.C. — In a continued effort to protect taxpayer information and combat the growing threat of identity theft, the Internal Revenue Service (IRS) and its Security Summit partners have …
IRS Urges Tax Professionals to Strengthen Data Security with Mandatory Written Plans Read More
WASHINGTON, D.C. — The Internal Revenue Service has announced a set of procedural reforms aimed at improving the efficiency and transparency of audits involving large corporate taxpayers. Issued through an …
IRS Targets Faster, More Collaborative Audits for Large Corporations Under New Guidance Read More
WASHINGTON, D.C. — The Internal Revenue Service, in partnership with the Security Summit, is sounding the alarm over a surge in sophisticated phishing schemes targeting tax professionals. As part of …
IRS Sounds Alarm on Sophisticated Phishing Scams Targeting Tax Pros—Here’s How to Stay Safe Read More
WASHINGTON, D.C. — The Internal Revenue Service is encouraging taxpayers who requested an extension to file their 2024 federal tax returns as soon as possible, rather than wait until the …
IRS Urges Taxpayers to File Now, Highlights Free Filing Options Before Fall Rush Read More
WASHINGTON, D.C. — The Internal Revenue Service Electronic Tax Administration Advisory Committee (ETAAC) has published its 2025 annual report, presenting 14 recommendations aimed at strengthening tax administration, enhancing security, and …
ETAAC Urges IRS and Congress to Bolster Tax Security and Digital Modernization Read More WASHINGTON, D.C. — National Taxpayer Advocate Erin M. Collins has released her Fiscal Year 2026 Objectives Report to Congress, praising the 2025 filing season for its efficiency while underscoring persistent …
National Taxpayer Advocate Reports IRS Progress, Warns of Challenges Ahead Read More
WASHINGTON, D.C. — The Internal Revenue Service (IRS) has announced a series of updates to its Pre-Filing Agreement (PFA) program aimed at promoting tax certainty and reducing disputes for large business …
IRS Introduces Key Updates to Pre-Filing Agreement Program to Boost Tax Certainty Read More WASHINGTON, D.C. — The Internal Revenue Service (IRS) announced a recent settlement with Bruce Molnar, cofounder and majority owner of Alta Holdings, LLC, U.S. Risk Associates Insurance Company Limited (U.S. Risk), …
IRS Settles with Insurance Executive Over Micro-Captive Tax Violations Read More