Chester County News and Community Website
WASHINGTON, D.C. — The Internal Revenue Service is expanding cooperation with British tax authorities to identify cross-border tax evasion, using whistleblower programs to uncover offshore assets, concealed financial transactions and …
IRS, UK Expand Whistleblower Cooperation to Target Tax Evasion Read More
WASHINGTON, D.C. — The Treasury Department and Internal Revenue Service have proposed rules for a new federal tax credit that could channel billions of dollars annually into K-12 scholarships beginning …
Federal Scholarship Tax Credit Opens New K-12 Funding Path Read More
WASHINGTON, D.C. — The Internal Revenue Service has extended federal tax filing and payment relief through Sept. 30, 2027, for eligible individuals and businesses affected by the continuing conflict in …
IRS Extends Israel-Related Tax Relief Through 2027 Read More
WASHINGTON, D.C. — The Treasury Department and Internal Revenue Service have proposed rules allowing eligible taxpayers who sell qualifying U.S. farmland to active farmers to spread the federal tax attributable …
Treasury Proposes Four-Year Tax Option for Farmland Sales Read More
WASHINGTON, D.C. — The Internal Revenue Service has opened examinations stemming from discrepancies tied to about $100 billion in pandemic-era small-business loans, expanding federal scrutiny of suspected Paycheck Protection Program …
IRS Opens Reviews Tied to $100 Billion in COVID Loans Read More
WASHINGTON, D.C. — The Internal Revenue Service launched a new mobile app replacing IRS2Go and extending selected Individual Online Account services to smartphones, giving taxpayers direct access to payments, tax …
IRS Replaces IRS2Go With App Offering Account Access Read More
WASHINGTON, D.C. — The Internal Revenue Service extended tax relief for farmers and ranchers in drought-affected areas across 49 states and other jurisdictions, allowing eligible producers more time to replace …
IRS Extends Drought Tax Relief for Livestock Sales Read More
WASHINGTON, D.C. — The Internal Revenue Service is steering taxpayers with U.S. bank accounts toward its Direct Pay system as a fee-free way to make federal tax payments online without …
IRS Pushes Direct Pay as Free Option for Federal Tax Bills Read More
WASHINGTON, D.C. — The Treasury Department and Internal Revenue Service proposed rules Sept. 3 that could force as many as 18,000 tax-exempt private schools to eliminate race-based admissions, scholarships and …
Treasury Targets Race-Based Aid at 18,000 Private Schools Read More
PHILADELPHIA, PA — An Indiana tax preparer was convicted Friday of conspiring for more than eight years to defraud the IRS by using false business losses, education credits and deductions …
Tax Preparer Convicted in Years-Long IRS Fraud Scheme Read More