Chester County News and Community Website
Once again, it’s the season of generosity. In addition to considering gifts for your loved ones, you might want to think about charitable gifts as well. But what should you …
Can You Make Charitable Giving Less “Taxing?” Read More
It won’t be long before we turn the page on 2023. But you still have time to make some financial moves that can pay off in 2024 — and beyond.
Consider These Year-End Financial Moves Read More
As global crises and natural disasters continue to unfold, the Internal Revenue Service (IRS) has issued a warning to taxpayers about criminals posing as legitimate charities to scam unsuspecting donors. …
IRS Warns Taxpayers of Fake Charity Scams Amid Global Crises Read More
The IRS is providing guidance on the federal tax status of refunds of state or local taxes and certain other payments made by state or local governments to individuals. The IRS …
IRS Issues Guidance on State Tax Payments Read More
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
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