Chester County News and Community Website
The Department of the Treasury, in collaboration with the Internal Revenue Service (IRS), has unveiled proposed regulations to guide the implementation of the advanced manufacturing production credit. This credit was …
Treasury Department and IRS Issue Guidelines for Advanced Manufacturing Production Credit Read More
PENNSYLVANIA— Pennsylvania Treasurer Stacy Garrity is applauding the unanimous approval of House Bill 1745 by the House Education Committee. The bill, sponsored by Rep. Paul Friel (D-26), proposes a tax credit …
Pennsylvania Eyes Tax Credit for Employers Contributing to College Savings Read More
The Internal Revenue Service (IRS) has issued a reminder for low- and moderate-income taxpayers about the opportunity to save for retirement while also earning a special tax credit in 2024 …
IRS Encourages Low- and Moderate-Income Taxpayers to Save for Retirement with Saver’s Credit Read More
The Department of the Treasury and the Internal Revenue Service (IRS) have recently proposed regulations to update rules for the investment tax credit under section 48 (ITC). These rules, last …
Treasury and IRS Propose Updates to Investment Tax Credit Rules for Energy Properties Read More
As the nation’s tax season approaches, the Internal Revenue Service (IRS) has issued a series of reminders to help taxpayers prepare for filing their 2023 federal tax returns. These ‘Get …
IRS Issues ‘Get Ready’ Reminders for 2023 Tax Filing Season Read More