Chester County News and Community Website
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
WASHINGTON, D.C. — The Internal Revenue Service is steering taxpayers with U.S. bank accounts toward its Direct Pay system as a fee-free way to make federal tax payments online without …
IRS Pushes Direct Pay as Free Option for Federal Tax Bills Read More
HARRISBURG, PA — The Pennsylvania Housing Finance Agency has opened competitive bidding for $4.5 million in mixed-use development tax credits, with proceeds from the sale earmarked to help finance community …
Pennsylvania Opens Bidding for $4.5 Million in Development Tax Credits Read More
HARRISBURG, PA — A Pennsylvania House bill that cleared the chamber unanimously Monday has become the focus of competing affordability proposals, with House Republicans highlighting a provision they say would …
House GOP Tax Proposal Advances With Utility Bill Cut Measure Read More
WASHINGTON, D.C. — The U.S. Department of the Treasury and the Internal Revenue Service have issued guidance implementing provisions of the One, Big, Beautiful Bill that broaden the federal excise …
IRS, Treasury Expand Reach of Executive Pay Tax on Nonprofits 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. — Americans who send money overseas using cash or similar payment methods will face a new 1% federal tax beginning in 2026 under proposed rules released Friday by …
New IRS Rule Targets Cash Transfers Abroad With 1% Tax Read More
HARRISBURG, PA — Pennsylvania collected more tax revenue than expected in March, strengthening the state’s financial position with three months remaining in the fiscal year.
State Revenue Beats Forecast as Tax Collections Climb Read More
HARRISBURG, PA — Pennsylvania House Republicans are advancing a package of temporary tax cuts and cost-reduction measures aimed at lowering household expenses, including energy, income, and fuel costs, as residents …
Pa. Republicans Push Tax Cuts as Costs Climb Read More