Pennsylvania’s Voluntary Disclosure Program can be an excellent opportunity for taxpayers who discover that they have an unreported Pennsylvania tax obligation. In exchange for voluntarily coming … [Read more...] about Pennsylvania’s Voluntary Disclosure Program: Who Is Not Eligible?
Pennsylvania Tax News
New PA Tax Deduction
On July 17, 2024, Pennsylvania Governor Josh Shapiro signed Act 56 of 2024 into law. This Bill provides a new tax deduction for student loan interest payments. Pennsylvania will … [Read more...] about New PA Tax Deduction
New Tax Credit for PA Businesses
On July 17, 2024, Pennsylvania Governor Josh Shapiro signed House Bill 1745 into law. This bill provides a new tax credit for PA businesses that contribute to their employees' 529 plans. The … [Read more...] about New Tax Credit for PA Businesses
Pennsylvania’s Voluntary Disclosure Program
The Voluntary Disclosure Program (VDP) provides an opportunity for businesses and individuals who have recently become aware of their Pennsylvania tax obligations to voluntarily come forward. In … [Read more...] about Pennsylvania’s Voluntary Disclosure Program
PA Unreimbursed Expenses
Some workers may be able to deduct eligible work-related expenses from their PA state income tax. The following information can help you determine which expenses are deductible as unreimbursed … [Read more...] about PA Unreimbursed Expenses
PA Announces PPP Proceeds Are Non-Taxable Income
Gov. Wolf Signs Senate Bill 109 Into Law PA has enacted into law (Act 1-2021) to help PA businesses better weather the Covid-19 pandemic. While the business community says it will help, they are … [Read more...] about PA Announces PPP Proceeds Are Non-Taxable Income