Chester County News and Community Website
WASHINGTON, D.C. — The Internal Revenue Service (IRS) is emphasizing the importance of retirement savings for low- and moderate-income taxpayers by reminding them of the benefits of the Saver’s Credit. Designed …
Unlock Tax Savings While Building Your Future: Don’t Miss the Saver’s Credit Benefits Read More
HARRISBURG, PA — In a significant boost to Pennsylvania’s film industry, the Department of Community and Economic Development (DCED) has announced the allocation of $9.2 million in film tax credits. This …
Hollywood East: Pennsylvania’s $9.2M Film Tax Credits Ignite a Job Boom and Economic Surge! Read More
WASHINGTON, D.C. — The Internal Revenue Service (IRS) has released the annual inflation adjustments for tax year 2025, encapsulated in Revenue Procedure 2024-40. These adjustments, impacting over 60 tax provisions, …
IRS Announces Key Inflation Adjustments for 2025 Tax Year Read More
WASHINGTON, D.C. — The Internal Revenue Service (IRS) has issued a timely reminder to taxpayers about the potential tax benefits associated with summer day camp expenses. These expenses may qualify for …
IRS Highlights Tax Credit for Summer Day Camp Expenses Read More WASHINGTON, D.C. — The Internal Revenue Service (IRS) has released Notice 2024-60 to provide initial guidance on the carbon oxide sequestration credit, which was significantly amended by the Inflation Reduction …
IRS Issues Guidance on Carbon Sequestration Credit Read More
PHILADELPHIA, PA — The Greater Philadelphia Film Office (GPFO) is doubling down on its efforts to advocate for increased funding in the Pennsylvania Film Tax Credit program. The recently passed …
Greater Philadelphia Film Office Pushes for Increased Film Tax Credits Read More
SPRINGFIELD, PA — On Wednesday, Dave McCormick introduced Part Four of his Keystone Agenda to Reclaim America at an event in Delaware County. The comprehensive plan aims to address the …
Dave McCormick Unveils Pro-Family Policy Agenda in Delaware County Read More
HARRISBURG, PA — State Representative Paul Friel introduced a bill this week to revamp and expand Pennsylvania’s Beginning Farmer Tax Credit Program. The proposed changes aim to attract and retain …
Pennsylvania Lawmaker Proposes Expansion of Tax Credit Program for New Farmers Read More
HARRISBURG, PA — In a rare display of bipartisan unity, the Pennsylvania House of Representatives has unanimously passed legislation aimed at encouraging employers to contribute to their employees’ education savings. …
Pennsylvania House Unanimously Passes Bill to Boost Education Savings Through Employer Contributions Read More WASHINGTON, D.C. — The Internal Revenue Service (IRS) is sounding an alarm for taxpayers: If you received advance payments of the premium tax credit (APTC) and fail to reconcile it …
IRS Issues Reminder: Electronically Filed Tax Returns Rejected without Form 8962 Read More