Chester County News and Community Website
HONEY BROOK TWP, PA — Honey Brook Township supervisors are considering an 80% reduction in the municipality’s dedicated open-space income tax, a proposal that would lower residents’ tax bills beginning …
Honey Brook Township Proposes 80% Cut to Open-Space Tax Read More
NEWLIN TWP, PA — Newlin Township supervisors are considering a 20% increase in the municipal earned-income tax rate to help finance fire protection and emergency medical services, a proposal that …
Newlin Township Proposes 20% Earned-Income Tax Rate Increase 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
EAST MARLBOROUGH TWP, PA — East Marlborough Township supervisors voted Sept. 29 to advertise a proposed 1% earned-income tax for 2027 that the township estimates could generate about $1.7 million …
East Marlborough Advances 1% Earned-Income Tax Plan Read More
OAKS, PA — SEI (NASDAQ: SEIC) expanded tax-management capabilities for separately managed and unified managed accounts, giving financial advisors more control over portfolio transitions and capital gains as demand grows …
SEI Expands Tax Tools for Wealth Advisors 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
BERWYN, PA — Envestnet reported that accounts using its unified managed account Tax Overlay program generated an average 1.96% after-tax return benefit during 2025 compared with a scenario without the …
Envestnet Says Tax Overlay Lifted 2025 After-Tax Returns 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