The PA Department of Revenue (DOR) does not make it easy for its resident taxpayers. If you are a retiree and receive IRA, pension or annuity retirement benefits, that income, while taxable for … [Read more...] about PA DEPARTMENT OF REVENUE 1099R NEWS
Archives for May 2016
WHERE IS MY PA PERSONAL INCOME TAX REFUND?
Many PA residents are asking themselves “Where is my PA tax refund?” In our March 15, 2016 blog, we explained how taxpayers can check on the status of their IRS, PA, NJ and DE income tax refunds. … [Read more...] about WHERE IS MY PA PERSONAL INCOME TAX REFUND?
BE A PRINCE, OR NOT BE A PRINCE, THE CHOICE IS YOURS
You likely have read that the entertainer, Prince, made a $250 million mistake by not having a will or estate plan in place. The future inheritance process could cost his heirs tens of millions of … [Read more...] about BE A PRINCE, OR NOT BE A PRINCE, THE CHOICE IS YOURS
ALTER EGO IS HOW IRS PIERCES CORPORATE VEIL
Our May 3, 2016 post discussed the importance of keeping business transactions separate from personal transactions so the corporate veil is not pierced. When we speak of the corporate veil, it not … [Read more...] about ALTER EGO IS HOW IRS PIERCES CORPORATE VEIL
HOW TO LOSE YOUR LIMITED LIABILITY PROTECTION
To protect your hard-earned assets, every business owner should operate in the form of a limited liability legal entity. We often hear business owners say that they don’t need a limited liability … [Read more...] about HOW TO LOSE YOUR LIMITED LIABILITY PROTECTION