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Taxation in the United States

Internal Revenue Service (IRS)
National

IRS Announces Final Corrections of Tax Year 2020 Accounts

January 10, 2023January 8, 2023 - by MyChesCo

The Internal Revenue Service announced it recently completed the final corrections of tax year 2020 accounts for taxpayers who overpaid their taxes on unemployment compensation they received in 2020.

IRS Announces Final Corrections of Tax Year 2020 Accounts Read More

IRS 1040 Form
National

Don’t Get Penalized: Final 2022 Quarterly Estimated Tax Payment Due

January 9, 2023January 8, 2023 - by MyChesCo

Many taxpayers make quarterly estimated tax payments during the year to stay current on their taxes, but many who should overlook this step. The Internal Revenue Service is urging those who …

Don’t Get Penalized: Final 2022 Quarterly Estimated Tax Payment Due Read More
IRS
National

IRS Delays 1099-K Requirements

December 28, 2022December 28, 2022 - by MyChesCo

The Internal Revenue Service recently announced a delay in reporting thresholds for third-party settlement organizations set to take effect for the upcoming tax filing season.

IRS Delays 1099-K Requirements Read More

retirement
National / Senior Citizens

Bipartisan SECURE Act Boosts Retirement Savings

December 21, 2022December 21, 2022 - by MyChesCo

Senate Finance Committee Chair Ron Wyden, D-Ore., on Tuesday announced the bipartisan Setting Every Community Up for Retirement Enhancement (SECURE) 2.0 Act to bolster retirement savings, and Conservation Easement Program Integrity Act to shut down fraudulent …

Bipartisan SECURE Act Boosts Retirement Savings Read More
IRS
National

IRS Needs Bilingual Volunteers for Upcoming Tax Season

December 12, 2022December 11, 2022 - by MyChesCo

The Internal Revenue Service announced it is looking for volunteers to train for the upcoming filing season to provide free tax help in communities across the country. Bilingual volunteers are …

IRS Needs Bilingual Volunteers for Upcoming Tax Season Read More

Internal Revenue Service (IRS)
National

IRS Seeking Applicants for the Electronic Tax Administration Advisory Committee

December 12, 2022December 11, 2022 - by MyChesCo

The Internal Revenue Service announced it is seeking qualified applicants for nomination to the Electronic Tax Administration Advisory Committee (ETAAC). Applications will be accepted through January 31, 2023.

IRS Seeking Applicants for the Electronic Tax Administration Advisory Committee Read More
IRS 1040 Form
National

Taxpayers: Get Ready Now for 2023 Filing Season

December 11, 2022December 11, 2022 - by MyChesCo

The Internal Revenue Service (IRS) is reminding taxpayers to take some important steps this month to help them file their federal tax returns for 2022. The “Get Ready” page on the …

Taxpayers: Get Ready Now for 2023 Filing Season Read More

Internal Revenue Service (IRS)
National

IRS Targets Conservation Easement Schemes

December 11, 2022December 11, 2022 - by MyChesCo

The Treasury Department and Internal Revenue Service recently issued proposed regulations identifying certain syndicated conservation easement (SCE) transactions as “listed transactions” – abusive tax transactions that must be reported to the …

IRS Targets Conservation Easement Schemes Read More
Internal Revenue Service (IRS)
National

IRS Awards $41 Million in Tax Counseling for the Elderly Grants

October 5, 2022October 5, 2022 - by MyChesCo

The Internal Revenue Service recently awarded $41 million in Tax Counseling for the Elderly (TCE) and Volunteer Income Tax Assistance (VITA) grants to organizations that provide free federal tax return …

IRS Awards $41 Million in Tax Counseling for the Elderly Grants Read More
Internal Revenue Service
National

COVID-19 Tax Filing Penalty Relief: Filing Deadline Is September 30, 2022

September 26, 2022September 25, 2022 - by MyChesCo

The Internal Revenue Service (IRS) recently issued a reminder that individuals and businesses affected by the COVID-19 pandemic, who may qualify for late-filing penalty relief, must file their 2019 and …

COVID-19 Tax Filing Penalty Relief: Filing Deadline Is September 30, 2022 Read More

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Trending News

  • Senator Fetterman Announces Powerful Committee Assignments
  • Transition to County-run Paratransit Service Begins April 1, 2023
  • Aqua Pennsylvania Announces Lead Service Line Replacement Project in West Chester
  • Chester County Hospital Named One of America’s 50 Best Hospitals
  • Examining Public Perceptions of Injury Risk in Sports

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