Tax Resources for CPAs

Recent Updates

Philadelphia DOR: Offer in Compromise Program Overview

Receive an overview of the Offer in Compromise Program from the Philadelphia Department of Revenue. Learn which debt is eligible, how to submit a request, and what documents are required. Discuss common questions and share feedback with DOR staff. Learn more about the Offer in Compromise Program.

Previous Recordings

Philadelphia Department of Revenue: Policy Updates & Tax Center Overview Recording
Pennsylvania Department of Revenue and the PICPA: Fall 2021 Update Recording
12th Annual Q&A with Richard Furlong, IRS Senior Stakeholder Liaison, and Federal Tax Update Webcast Recording and Material Resources
PICPA Federal Taxation: End-of-the-Year Update Recording

IRS Provides Details on Relief on Preparing Schedules K-2 and K-3

Feb. 16, 2022--The IRS has provided further details on additional transition relief for certain domestic partnerships and S corporations preparing the new schedules K-2 and K-3 to further ease the change to these new schedules. Those eligible for the relief will not have to file the new schedules for tax year 2021. Read more.

Pa. Taxpayers Affected by Hurricane Ida Have More Time to File Tax Returns

Jan. 19, 2022--The Department of Revenue is extending the due dates to file various individual and business tax returns for taxpayers in parts of Pennsylvania who were affected by Hurricane Ida. Importantly, taxpayers should know that this extension does not apply to tax payments. Read the update from the DOR.

Tax CPE Essentials

From webinars on federal, state, and local tax to corporate and individual tax, stay current on everything you need to know this tax season.

Pennsylvania State and Local Tax

State

Pennsylvania Department of Revenue

More Resources

AICPA State Regulatory and Legislative Affairs

Local

Phila. Tax Relief for Victims of Hurricane Ida for BIRT, NPT, and SIT Revised--Jan. 20, 2022
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.

Internal Revenue Service

IRS Expands Schedule K-2, K-3 FAQ - April 11, 2022
Taxpayer Experience Office Established to Improve Service - March 4, 2022
Help for Taxpayers and Tax Professionals: Special Filing Season Alerts - Feb. 14, 2022
IRS Continues to Work to Help Taxpayers; Suspends Mailing Letters - Feb. 9, 2022
IRS Updates 2021 Child Tax Credit and Advance Child Tax Credit FAQs - January 2022
IRS Tax Information for Tax Professionals
IRS Newsroom

Other States

Delaware Division of Revenue - Exemption of 2021 Unemployment Compensation from State Income Taxation

Latest Blogs, Articles, and Podcasts

State & Local Tax

Budget, Elections, and Tax Issues to Dominate Harrisburg in 2022

The 2021-2022 session of the Pennsylvania General Assembly may run until Nov. 30, 2022, but it is in the coming weeks and months that state legislators will have their hands full with numerous issues of interest to PICPA members and their clients.
Significant Recent State and Local Tax Developments in Pa.

As it is still early 2019, it is important to reflect on recent legislative, administrative, and judicial state and local tax developments in Pennsylvania and Philadelphia. This column will look at some of the most significant and discuss their prospective impacts.

Federal Tax

U.S. Withholding Tax on Payments to Foreign Persons

In the ever-expanding globalization of the economy, it is more common than ever for a U.S. person to make payments to foreign persons. Depending on the type of payment made, and whether it is U.S. sourced, there may be U.S. withholding tax imposed on the payment unless an exemption applies.
The Continuing State Tax Effects of Section 965 and GILTI

As many tax professionals know, Internal Revenue Code (IRC) Section 965 had required a transition tax on certain untaxed foreign earnings for the 2017 tax year. But while the federal provisions of Section 965 are over, that is not the end of the story as many states have decoupled from the federal treatment.

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.

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CPA Now Blogs

Married Couples Free of Pennsylvania Inheritance Tax, Unmarried Couples Not So Lucky

Pennsylvania is one of the few states with an inheritance tax, which technically requires a beneficiary to pay tax on any assets they receive from a decedent. But in Pennsylvania, it is the unmarried who encounter a more difficult tax situation with inheritance.
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Philadelphia Wage Tax Credit Denial Appealed to State Supreme Court

Pennsylvania Commonwealth Court ruled in January that a Philadelphia resident taxpayer who worked in Wilmington, Del., was not entitled to a credit against her Philadelphia Wage Tax liability for state income tax paid to Delaware. The court determined that Philadelphia’s taxing and crediting policies were justified on the grounds that state and local income taxes are levied separately. However, the court’s analysis in this case raises several important local taxation questions.
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CPA Conversations Podcasts

CPAs Have a Vital Role in Keeping Small-Business Clients Compliant

Matthew May, founder and vice president of sales and marketing for Acuity CFO Online Bookkeeping Accounting and Business Tax, joins us to talk small-business compliance with standards and regulations. In particular, May stresses the role CPAs can play in making the process easier.
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Benefit Clients by Upgrading Your R&D Credit Knowledge

The research and development (R&D) tax credit is available to many organizations to help reduce their tax liability and overall financial expenditures. Unfortunately, many organizations don’t know everything they need to know to fully take advantage of the credit. To help educate these organizations, as well as the CPAs who represent them, we spoke with Ashley Chikes, director of operations for R&D experts EPSA USA, about steps CPAs can take when advising a client about the R&D credit, the ins and outs of the Pennsylvania R&D credit, and more.
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