Proposed IRS Regulations – Pennsylvania EITC/OSTC Participants Beware

Say Yes to Address – PA non-filed return notice

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...
Proposed IRS Regulations – Pennsylvania EITC/OSTC Participants Beware

Online Marketplace Seller Voluntary Disclosure Initiative

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...
Proposed IRS Regulations – Pennsylvania EITC/OSTC Participants Beware

PA Tax Amnesty 2016

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...
Proposed IRS Regulations – Pennsylvania EITC/OSTC Participants Beware

PA Looking Closer At Your Business Expenses

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...
Proposed IRS Regulations – Pennsylvania EITC/OSTC Participants Beware

Stephano Slack LLC Announces Promotion of Jennifer Crawford

WAYNE, PA – January 14, 2015 –Stephano Slack LLC, a leading regional accounting and consulting firm, today announced the promotion of Jennifer Crawford, CPA to Manager. Her increased responsibilities and leadership will help support the firm’s continued growth....
Proposed IRS Regulations – Pennsylvania EITC/OSTC Participants Beware

Significant Pennsylvania Tax Change

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. The tax was...
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