Chester County News and Community Website
BALTIMORE, MD — The Social Security Administration is touting what it describes as one of the most dramatic operational turnarounds in years, reporting major gains in customer service, backlog reduction, …
SSA’s Stunning Year-End Shakeup: What’s Behind the Agency’s Rapid Turnaround? Read More
WASHINGTON, D.C. — The Department of the Treasury and the IRS this past week released two sets of sweeping tax guidance that could reshape financial planning for rural lenders, tipped …
IRS Unveils New Tax Breaks for Rural Lenders, Tipped Workers, and Overtime Earners Read More
WASHINGTON, D.C. — The Internal Revenue Service is giving tax professionals and employers fresh guidance — and a temporary break — as sweeping changes under the One Big Beautiful Bill …
IRS Unveils New Tools, Tip Relief Ahead of 2025 Tax Season Shake-Up Read More
WASHINGTON, D.C. — The Internal Revenue Service is urging more than 800,000 paid tax professionals across the nation to renew their Preparer Tax Identification Numbers (PTINs) before the end of …
IRS Warns Tax Preparers: Renew Identification Numbers Now or Risk Penalties Read More WASHINGTON, D.C. — The Internal Revenue Service released several key updates last week implementing provisions of the One, Big, Beautiful Bill (OBBB), including temporary reporting relief for auto lenders, new …
IRS Issues New Guidance on Car Loan Interest, Employee Credits, and 1099-K Thresholds Read More
WASHINGTON, D.C. — The Internal Revenue Service this past week released two major updates related to implementation of the One, Big, Beautiful Bill (OBBB), including temporary penalty relief for remittance …
IRS Issues Penalty Relief, 2026 Inflation Adjustments Following Enactment of One, Big, Beautiful Bill Read More
WASHINGTON, D.C. — The Internal Revenue Service and the U.S. Department of the Treasury unveiled a series of major updates this week, ranging from fee reductions for tax preparers and …
IRS Rolls Out Fee Cuts, New Tax Relief, and Mediation Pilot Amid Busy Week Read More
If you’re retired, it’s easy to let your finances go on autopilot. Since October is National Retirement Security Month, it’s a good time to revisit some areas that can impact …
A Retiree’s Guide for National Retirement Security Month Read More WASHINGTON, D.C. — The Internal Revenue Service announced two major updates last week, extending tax relief for farmers and ranchers impacted by drought and launching a plan to phase out …
IRS Expands Drought Relief for Farmers, Moves to End Paper Refund Checks Read More WASHINGTON, D.C. — The Treasury Department and Internal Revenue Service last week rolled out major updates to retirement plan rules and tax guidance for tipped workers, finalizing regulations under the …
IRS Unveils New Rules on Roth Catch-Ups and Tipped Worker Tax Breaks Read More