Chester County News and Community Website
Social Security is often one of the most important income sources in retirement. Yet widespread myths about how it works can lead to confusion, unnecessary worry and poor planning decisions. …
Debunking Five Common Social Security Myths Read More
WASHINGTON, D.C. — President Donald Trump on Thursday promoted his administration’s “No Tax on Tips” policy, saying millions of Americans have already used the tax break to reduce their federal …
Trump Touts ‘No Tax on Tips’ Policy as Millions Claim Benefit Read More
WASHINGTON, D.C. — More tipped workers will be able to claim a federal tax deduction under finalized rules defining which jobs qualify and what counts as a “tip,” the Department …
Final IRS Tip Tax Rule Expands Who Qualifies for Break Read More
WASHINGTON, D.C. — The Internal Revenue Service (IRS) is urging taxpayers to review their federal tax withholding early to avoid any surprises when filing next year. The IRS’s online Tax …
IRS Encourages Taxpayers to Adjust Withholding with Free Online Tool Read More
WASHINGTON, D.C. — The Internal Revenue Service (IRS) has released new guidance clarifying the federal income and employment tax treatment of contributions to, and benefits paid from, state-mandated paid family and …
IRS Issues Guidance on Tax Treatment of Paid Family and Medical Leave Programs Read More