Advocacy Overview & Legislative Priorities

  • Legislative Update - Week Ending June 24, 2022

    In this issue: Budget Agreement a Growing Challenge for Pennsylvania Lawmakers; CPA-PAC Annual Report Available; Pa. Senate Committee Passes Bill to Improve Financial Literacy; and more.


PICPA Connect

 Peer-to-Peer Message Boards

Advocacy Update with Rep. Matt Bradford Webcast



Advocacy Update with Pennsylvania House Speaker Rep. Bryan Cutler


 


Legislative Accomplishments

2021-2022 Session

Act 10 of 2021 amends the Tax Reform Code of 1971, in personal income tax, providing for COVID-19 emergency finance and tax provision; and in corporate net income tax, providing for reports and payment of tax and for extension of time to file returns. The legislation makes three important changes: 1) Changes the corporate tax due date to the 15th day of the month following the federal tax due date. 2) Addresses the inconsistency with this year’s local tax filing due date. 3) Makes a permanent change so that the local tax due date updates automatically when the feds and state move their due dates. Signed into law on April 22, 2021.

Act 1 of 2021 amends the Fiscal Code, in emergency COVID-19 response, establishing a recovery program, for emergency education relief, repealing provisions, establishing a grant program, for fund transfers and making appropriations. Includes a provision exempting income received from the federal Paycheck Protection Program from taxation under the state's Personal Income Tax. Signed into law on Feb. 5, 2021.

 

2019-2020 Session

Act 90 of 2019 amends the Tax Reform Code, in PIT, to establish a 10-year period for the Department of Revenue (DOR) to collect all assessed state taxes. It provides an exception for the inheritance tax and an exclusion from the sales and use tax for canned computer software used by a financial institution engaged in banking. It authorizes the DOR to enter into agreements with financial institutions and for institutions to share with the DOR bank account data for purposes of delinquent tax collections. The section relating to the time period for collection of assessed taxes took effect on Jan. 1, 2021. Signed into law on Nov. 27, 2019.

Act 13 of 2019 stipulates that if the executor of an estate and the trustee of a trust make an election under Section 645 of the Internal Revenue Code to treat the income of the trust as part of the estate, the fiduciary may make and file a joint tax return for the estate and trust. If a joint return is filed, the tax liabilities of the estate and trust shall be joint and several. This provision applies to taxable years beginning after Dec. 31, 2019. Signed into law on June 28, 2019.

Testimony on Your Behalf

  • Public hearing on "Commonwealth Transparency 101: Sunshine Act, the Right-to-Know Law, the Ethics Act, and Per Diems" - Nov. 4, 2021. Testimony presented by Cheri Freeh, CPA, a member of the PICPA State Taxation Steering Committee. View More
  • Pa. House Finance Committee Hearing on the Revitalization of Pennsylvania's Business Tax Climate - Oct. 7, 2021. Presented by Drew VandenBrul, CPA, a member of the PICPA State Taxation Steering Committee. View More
  • Pa. House Finance Tax Modernization Subcommittee Hearing on An Analysis of the Condition of Pennsylvania's Financial Security. Presented by Suzanne Leighton, CPA, Fiscal Responsibility Task Force (FRTF) Chair, along with Cindy Bergvall, CPA, and Cheri Freeh, CPA, FRTF subcommittee chairs. - March 9, 2021 View More
  • Pa. House Majority Policy Committee Public Hearing to discuss Gov. Wolf’s 2021-2022 tax proposalPresented by Jason Skrinak, CPA, member of the PICPA State Taxation Committee and Fiscal Responsibility Task Force. - Feb. 24, 2021 Read More

Comment Letters

Review recent comment letters submitted to regulatory bodies by PICPA committees.


CPA Now Archive

  • Alex Fabian McMahon

    With Spotlight on Pennsylvania, Know Your Candidates: A Primary Guide

    The Pennsylvania elections -- both state and federal -- are receiving national attention this year, and the May 17 primary will determine which candidates will move forward as their parties' nominees for the November general election. This blog provides an overview of your primary election options, at both the state and federal levels.
    Full story
  • Peter Calcara

    PICPA Advances Pass-Through Entity Tax Reform Initiative

    With both the political and economic environments seemingly ripe for such a discussion, the Pennsylvania General Assembly appears poised to address a variety of tax law changes. One that could appear on the legislative agenda is PICPA’s effort to address the growing inequity in state and local taxation via an elective pass-through entity tax.
    Full story

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