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The IRS issued a new regulation that directly impacts donors that participate in Pennsylvania EITC/OSTC programs. For contributions made after 8/27/18: -          Donors are required to reduce the amount of their charitable contribution by any state tax credits...

If you have not seen this notice yet, you will. PA has a glitch in their system which is generating CNI filing delinquency for pass-through entities for 2016. As pass through entities are no long required to file the RCT-101s after 12/31/15, these notices are...

In the current environment, states are aggressively fighting for every tax dollar, especially when it comes to the taxation of out of state businesses. State laws are constantly changing, presenting compliance challenges for businesses and requiring increased record...

MTC National Nexus Program Announces. . . "Online Marketplace Seller Voluntary Disclosure Initiative” There are 23 states, plus the District of Columbia, that are participating in this limited time Voluntary Disclosure Program which began August 17, 2017 and will run...

Pennsylvania has authorized a Tax Amnesty program which will run a consecutive 60 days from April 21st, 2017 through June 19th, 2017. The Tax Amnesty program will apply to taxpayers who are delinquent on a payment of a liability for eligible taxes administered by the...

Taxpayers with business activity reported on Schedule C are the newest target of Pennsylvania Examinations. PA will be expanding review of personal income tax deductions to include PA-40 Schedule C expenses.  This is in addition to the unreimbursed employee business...

Governor Tom Wolf has announced the successful January 1, 2016 phase-out of Pennsylvania’s Capital Stock and Foreign Franchise tax. The governor notes that the phase-out had been proposed 15 years ago, but the elimination had been delayed several times.