Our Thoughts On Archive

New Pennsylvania Withholding Requirement on 1099-MISC Filers for Non-Residents

*Alert* - The Pennsylvania Department of Revenue delayed the penalty for failure to withhold until…

One-Year Extension of the Alternative Fuel Excise Tax Credit for 2017

This article was in collaboration with Keith Donnelly. The Alternative Fuel Credit is a refund of…

TAX REFORM: A NEW DEDUCTION FOR INDIVIDUALS - 20% QUALIFIED BUSINESS INCOME DEDUCTION

The Tax Cuts and Jobs Act provided non-corporate taxpayers (e.g., S-corporations, partnerships, limited liability companies,…

Welcoming the New Year -- Recap of Federal Gas Tax Proposals, 2018 Pennsylvania Toll Increases and Pennsylvania Gas Tax Reductions

The Commonwealth of Pennsylvania decreased both the wholesale motor fuels tax and the diesel fuels…

AICPA Requests Guidance on TCJA

On January 29, 2018, the American Institute of Certified Public Accountants (AICPA) sent a letter…

Changes in Ohio Financial Institutions Tax

All large corporations begin small, with a vision and strategy. The Small Business Investment Company…

Easing the Burden on Exempt Organizations' Application for Exemption

The Internal Revenue Service (“IRS”) recently issued Revenue Procedure 2018-15, stating that it will no…

Federal Government's Appetite for Revenue Nibbles Away at Tax Deductible Meals

With apologies to William Shakespeare, a big tax question vexing many business owners these days…

The U.S. Is Becoming More Attractive for Manufacturing Firms

Conditions are improving in the U.S. manufacturing industry, which may lead firms to consider constructing…

Pennsylvania 1099-MISC Update from the Department

Businesses and organizations have been struggling to implement the withholding and reporting obligations passed under…