Chester County News and Community Website
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
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