Chester County News and Community Website
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.
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WASHINGTON, D.C. — Eligible educators can deduct unreimbursed expenses for COVID-19 protective items to stop the spread of COVID-19 in the classroom, announced the Internal Revenue Service. COVID-19 protective items …
Read MoreWASHINGTON, D.C. — Following an unpredictable year with many changes and challenges, the Internal Revenue Service is sharing important reminders for taxpayers who are about to file their 2020 federal …
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WASHINGTON, D.C. — The Internal Revenue Service issued the 2021 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving …
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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.
Read MoreWASHINGTON, D.C. — The Internal Revenue Service is encouraging taxpayers to take necessary actions in the final weeks of the year to help file federal tax returns timely and accurately …
Read More WASHINGTON, D.C. — The Internal Revenue Service is reminding taxpayers of a special new provision that will allow more people to easily deduct up to $300 in donations to qualifying …
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WASHINGTON, D.C. — During the recent Small Business Week, the Internal Revenue Service reminded individuals to consider taking the home office deduction if they qualify. The benefit may allow taxpayers …
Read MoreWASHINGTON, D.C. — The Internal Revenue Service has issued final regulations that provide guidance for decedents’ estates and non-grantor trusts clarifying that certain deductions of such estates and non-grantor trusts …
Read MoreWASHINGTON, D.C. — The Internal Revenue Service released proposed regulations addressing the treatment of certain medical care arrangements under section 213 of the Internal Revenue Code.
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