We provide here a written summary of answers provided by the Department of Revenue to the committee at periodic question and answer sessions. These documents are classified as Revenue information issued for informational purposes only for the convenience of PICPA members. Pursuant to 61 Pa. Code Section 3.4, these documents should not be relied upon for any purpose or used in tax appeals. Taxpayers requiring a binding opinion on a specific fact situation may request a written letter ruling under 61 Pa. Code Section 3.3.
Q&A with the Pennsylvania Department of Revenue
What changes are being planned with respect to ITS notices and processes? When can we expect to see these changes?
The Department has revised the Statement of Account (SOA) to include information that taxpayers have been requesting. The new SOA includes individual line items that roll-up into the summarized liability. In balance periods, previously not included on the notice, are now included.
There is also a new section showing available restricted credit usages. The draft of the notice is currently under review by the Department, and has been shared with the practitioner community for comment. We are hoping to make the revised SOA available this fall.