Tax Resources for CPAs

Educational Resources

New 2020 Stimulus Bill: Tax Provisions You Need to Know
PPP 2 Town Hall - How CPAs Can Support Their Clients - Replay now available
Life, Liberty, and the Pursuit of Pennsylvania Local Taxes - Jan. 21
11th Annual Q&A with Richard Furlong, IRS Senior Stakeholder Liaison, and Federal Tax Update with CPA Panel - Feb. 5

COVID-19 Resources

Get the latest coronavirus updates impacting members and businesses.

Pennsylvania State and Local Tax

State

Pennsylvania Department of Revenue

Local

Pa. Local Income Tax Information
City of Philadelphia Revenue Department provides tax forms and instructions, information on technical rulings, and more.
City of Pittsburgh Department of Finance offers numerous downloadable forms and information.

Federal

Internal Revenue Service

Other Resources

AICPA State Reulatory and Legislative Affairs

Latest Blogs, Articles, and Podcasts

State & Local Tax

Are Computer Services Subject to Sales Tax ... Again?

The Pennsylvania Department of Revenue (DOR) released two separate letter rulings during 2017 that provide guidance on the sales and use tax treatment of information retrieval services and support services related to computer software. The DOR concluded that both are subject to tax based on its interpretation of Act 84, the budgetary legislation enacted in July 2016. These rulings are concerning, since it is questionable whether DOR’s positions are consistent with the statute and the legislative intent of Pennsylvania lawmakers.
Getting Off on the Right Foot with Form PA-100

In the past, Liability Lessons has examined the teamwork required when multiple professions and disciplines interact with a single client. In this column, the focus is on team play at a very specific moment in the life of a business: the moment of conception. This is a particularly sensitive moment from the standpoint of professional risk.

Federal Tax

International Reporting Failures Create Penalty and Statute of Limitations Problems

An ever-growing number of businesses and individuals are going global. Familiarity with the U.S. tax forms that are necessary to properly disclose foreign assets and interests is thus paramount. Four critical forms – Foreign Bank Accounting Re-port (FBAR), 8938, 8621, and 3520 – are summarized here, including applicable penalties.
Transfer Pricing Therapy in a COVID-19 Downturn

Businesses across the globe are struggling following a collapse in demand as the COVID-19 pandemic swept across country after country. Even among those businesses where demand had not declined as severely, disruptions to supply chains have been a devastating hardship. While there’s no certainty as to when the marketplace will “normalize,” businesses may be able to lessen the pandemic’s impact on their financial health by seeking remedies through transfer pricing mechanisms.

Tax Season Featured Member Benefits

Wolters Kluwer CCH TaxAware Center - Answers to All Federal and State Tax Questions in One Place

Free PICPA member benefit
($2,385 value)

TaxAware is a “one-stop shop” online resource with 24/7 access and customizable searches and preferences. Get updates daily, weekly, or monthly with just the top headlines or in-depth, expert analysis on the latest changes impacting professionals and their clients.

Access Now

Capstan- Tax saving opportunities for tangible property and other fixed assets.

In the face of growing tax code complexity, it's almost impossible to cover every area with in-house resources. For expertise in understanding and applying the myriad of complexities with the Tangible Property regulations and other IRS Code impacting commercial real estate, turn to Capstan Tax Stategies.

Visit Company

CPA Now Blogs

Data Safety Prep and the 2021 Tax Filing Season

Like last year when COVID-19 struck, CPAs are again facing a tax filing season with a very strong likelihood of continued teleworking. Because our practices deal with personal identifying information, we are required to have a written data security plan.
Full story
Additional Pandemic Relief Arrives with Year-End Appropriations

On Dec. 27, 2020, the Consolidated Appropriations Act, 2021, was signed into law. In addition to important federal government budget appropriations, the act contains new tax provisions and Paycheck Protection Program loan updates.
Full story

CPA Conversations Podcasts

Biden Administration Could Mean Whole New World for Federal Taxation

The transition from Donald Trump’s presidential administration to that of Joe Biden’s has been, to put it lightly, rocky. With a new era in presidential leadership set to be ushered in, does this mean a whole new era in federal taxation will come with it? To answer this question, we met with Bruce A. Hyde, CPA, partner and wealth adviser for Round Table Wealth Management in New York City.
Full story
Financial Planners: Make Transfer Tax Exemptions an Option for Your Clients

Transfer tax exemptions were one of the many aspects of the tax world that were affected by the 2017 Tax Cuts and Jobs Act. The legislation affected options around gifting, rules for individuals vs. couples, and so much more. To find out the status of these exemptions, as well as whether the results of the presidential election may affect them even more, we spoke with J. Victor Conrad, founder of PINNACLE Financial Strategies LLC in Wexford, Pa.
Full story