Chester County News and Community Website
WASHINGTON, D.C. – In a significant stride toward equity in energy access, the U.S. Department of the Treasury and the Internal Revenue Service recently issued a Notice of Proposed Rulemaking …
Unlocking Clean Energy Potential: How New Treasury Rules Could Transform Low-Income Areas Read More
The school year will soon be here. And if you have young children, you’re one year closer to the day when they may be headed off to college. When that …
529 Plan Can Help Ease College ‘Sticker Shock’ Read More
WASHINGTON D.C. — The Internal Revenue Service (IRS) has issued a cautionary alert to taxpayers about a new scam involving the purchase of clean energy tax credits. Unscrupulous tax return …
IRS Warns Taxpayers of New Scam Involving Clean Energy Tax Credits Read More
WASHINGTON, D.C. — The Internal Revenue Service (IRS) has issued a draft of the revised Form 6765, also known as the Credit for Increasing Research Activities or the Research Credit. …
IRS Releases Draft of Revised Research Credit Form Read More WASHINGTON, D.C. — The Department of the Treasury and Internal Revenue Service (IRS) recently released Notice 2024-48, providing crucial information for taxpayers seeking to qualify for the Energy Community Bonus …
IRS Issues Guidance on Energy Community Bonus Credit Eligibility Read More
HARRISBURG, PA — Treasurer Stacy Garrity praised the Senate Finance Committee this week for unanimously approving House Bill 1745. The legislation, designed to enhance Pennsylvania’s PA 529 College and Career …
New Legislation Boosts Pennsylvania Savings Programs with Employer Tax Credits and Flexibility Read More
WASHINGTON, D.C. — The Department of Treasury, Internal Revenue Service (IRS), and Department of Energy (DOE) have announced the opening of the application portal for the 2024 Low-Income Communities Bonus …
New Federal Program Offers Boost for Clean Energy in Low-Income Communities Read More
WASHINTON, D.C. — U.S. Senator Bob Casey (D-PA) has called on President Biden’s administration to extend the scope of hydrogen sources eligible for a tax credit. The intent? To bolster …
Hydrogen Power: A New Economic Powerhouse for Pennsylvania? Read More