Chester County News and Community Website
CLEVELAND, OH — More than 1.2 million Ohio taxpayers have already claimed a new federal overtime tax deduction worth roughly $3.4 billion, according to federal officials promoting a broader package …
Ohio Workers Claim Billions Under New Tax Breaks Read More
WASHINGTON, D.C. — Thousands of taxpayers involved in disputed conservation and historic preservation tax deductions could receive another opportunity to settle with the Internal Revenue Service under a new limited-time …
IRS Opens New Settlement Window in Easement Tax Cases Read More
WASHINGTON, D.C. — The Internal Revenue Service updated its Conservation Easement site to expand information on abusive conservation easement transactions, recent court rulings and warning signs tied to promoter-driven tax …
IRS Updates Conservation Easement Guidance, Warns Investors Read More
WASHINGTON, D.C. — The Internal Revenue Service is accepting applications through May 31 for its Tax Counseling for the Elderly and Volunteer Income Tax Assistance grant programs, which fund organizations …
IRS Opens Applications for VITA, TCE Grant Programs Read More WASHINGTON, D.C. — Businesses that paid federal fuel taxes on diesel or kerosene may now be able to recover those costs under new federal rules, as Treasury and the IRS …
New Fuel Tax Refund Rules Open Door for Businesses Read More WASHINGTON, D.C. — Taxpayers whose Employee Retention Credit claims have been denied can now request additional time to challenge those decisions, as the Internal Revenue Service rolls out a new …
IRS Offers More Time to Challenge Denied Tax Credits Read More
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