Chester County News and Community Website
WASHINGTON, D.C. — During the recent Small Business Week, the Internal Revenue Service reminded individuals to consider taking the home office deduction if they qualify. The benefit may allow taxpayers …
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WASHINGTON, D.C. — The Treasury Department and the Internal Revenue Service recently released the last set of final regulation implementing the 100% additional first year depreciation deduction that allows businesses to …
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WASHINGTON, D.C. — The Internal Revenue Service released a state-by-state breakdown of the roughly nine million people receiving a special mailing this month encouraging them to see if they’re eligible …
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WASHINGTON, D.C. — The Internal Revenue Service is reminding taxpayers who filed an extension that the October 15 due date to file 2019 tax returns is approaching. Taxpayers should complete …
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WASHINGTON, D.C. — The Internal Revenue Service today issued final regulation for taxpayers who claim the rehabilitation credit.
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WASHINGTON, D.C. — The final regulations for the business interest expense deduction limitation published in the Federal Register this week. The final regulations vary slightly from the document released on …
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WASHINGTON, D.C. — On August 28, the IRS announced that it would temporarily allow the use of digital signatures on certain forms that cannot be filed electronically. The agency added several …
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HARRISBURG, PA — Pennsylvania collected $2.5 billion in General Fund revenue in August, which was $209 million, or 8.9 percent, more than anticipated, announced Revenue Secretary Dan Hassell. Fiscal year-to-date …
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WASHINGTON, D.C. — The Department of Treasury and Internal Revenue Service issued guidance implementing the Presidential Memorandum issued on Aug. 8, 2020, allowing employers to defer withholding and payment of the …
Read More WASHINGTON, D.C. — The IRS is reminding employers to carefully choose their payroll service providers following continuing concerns that some disreputable organizations can fail to deposit employment taxes, leaving businesses …
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