Chester County News and Community Website
The Internal Revenue Service is reminding IRA owners age 70½ or over of their option to transfer up to $100,000 to charity tax-free each year.
Seniors 70½ or Over: Don’t Miss Your Chance to Give to Charity Tax-Free Read More
WASHINGTON, D.C. — The Internal Revenue Service is reminding taxpayers who’ve yet to file their 2021 federal income tax return to make sure they take advantage of the deductions and …
IRS: Don’t Miss Out on These Deductions and Credits Read More
WASHINGTON, D.C. — The Internal Revenue Service recently issued the 2022 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or …
IRS Issues Standard Mileage Rates for 2022 Read More
WASHINGTON, D.C. — The Internal Revenue Service this week joined with several leading nonprofit groups to highlight a special tax provision that allows more people to deduct donations to qualifying …
IRS Highlights Available Special Charitable Tax Benefit Read More
WASHINGTON, D.C. — The Internal Revenue Service recently explained how expanded tax benefits can help both individuals and businesses give to charity before the end of this year.
Expanded Tax Benefits Help Individuals and Businesses Give to Charity During 2021 Read More
This week marks the start of the first filing season under the new tax law put forth by the Tax Cuts and Jobs Act. And there’s plenty of confusion to …
7 Tax Changes You Need to Know About Under the Tax Cuts and Jobs Act Read More