Chester County News and Community Website
WASHINGTON, D.C. — The Treasury Department and Internal Revenue Service have proposed rules for a new federal tax credit that could channel billions of dollars annually into K-12 scholarships beginning …
Federal Scholarship Tax Credit Opens New K-12 Funding Path Read More
WASHINGTON, D.C. — The Internal Revenue Service has extended federal tax filing and payment relief through Sept. 30, 2027, for eligible individuals and businesses affected by the continuing conflict in …
IRS Extends Israel-Related Tax Relief Through 2027 Read More
WASHINGTON, D.C. — The Treasury Department and Internal Revenue Service have proposed rules allowing eligible taxpayers who sell qualifying U.S. farmland to active farmers to spread the federal tax attributable …
Treasury Proposes Four-Year Tax Option for Farmland Sales Read More
WASHINGTON, D.C. — The Internal Revenue Service launched a new mobile app replacing IRS2Go and extending selected Individual Online Account services to smartphones, giving taxpayers direct access to payments, tax …
IRS Replaces IRS2Go With App Offering Account Access Read More
WASHINGTON, D.C. — The Internal Revenue Service is steering taxpayers with U.S. bank accounts toward its Direct Pay system as a fee-free way to make federal tax payments online without …
IRS Pushes Direct Pay as Free Option for Federal Tax Bills Read More
WASHINGTON, D.C. — The Treasury Department and Internal Revenue Service proposed rules Sept. 3 that could force as many as 18,000 tax-exempt private schools to eliminate race-based admissions, scholarships and …
Treasury Targets Race-Based Aid at 18,000 Private Schools Read More
WASHINGTON, D.C. — The Internal Revenue Service is urging taxpayers with extensions on their 2025 federal income tax returns to file before the Oct. 15 deadline, giving those who owe …
IRS Urges Early Filing as Oct. 15 Tax Deadline Nears Read More WASHINGTON, D.C. — The Internal Revenue Service will shut down its decades-old FIRE electronic filing system in November, requiring businesses and other information-return filers to move to the agency’s newer …
IRS to Retire FIRE System, Forcing Filers Onto IRIS Read More
DES MOINES, IA — Treasury Secretary Scott Bessent traveled to Iowa last week to promote the Trump administration’s tax and regulatory agenda, meeting manufacturers, agricultural businesses and bankers as the …
Bessent Touts Tax Cuts as Iowa Firms Weigh Investment Read More
WASHINGTON, D.C. — The Internal Revenue Service has expanded its Business Tax Account platform with additional digital notices, payment options and account-management tools, widening the agency’s push to move more …
IRS Expands Online Tax Tools for Businesses Read More