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
State Tax News
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
Why Was My Company Selected for a Sales Tax Audit?
So you have received a notice from a state informing you that your company is being audited for sales (and use) tax compliance. The first question that usually comes to mind is "Why me?" The Most … [Read more...] about Why Was My Company Selected for a Sales Tax Audit?
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
Interstate Commerce Speed Trap – Wayfair Supreme Ct. Decision Rears Its Ugly Head
Bensalem PA Business Owner Receives $1.6 Million Sales Tax Bill from California Background It was reported by the Philadelphia Inquirer that Brian Freifelder, who sells clothing, shoes, and … [Read more...] about Interstate Commerce Speed Trap – Wayfair Supreme Ct. Decision Rears Its Ugly Head