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

Retiring Boomers Beware: The Taxman Cometh

Pennsylvania residents of an age commonly known as “baby boomers” are retiring and relocating to warmer and more tax-temperate climates, such as Florida. The Pennsylvania Department of Revenue is aware of this trend, and it is guarding the commonwealth’s coffers by challenging nonresidency status and certain retirement payouts. Simply put: If your client retires and moves, they will have to prove their new status.
The Rise of the State and Local Tax Specialist

A career in state and local tax can be challenging but also rewarding. With 50 states, the District of Columbia, and thousands of localities, there are numerous types of state and local taxes, including income, nonincome-based entity taxes (gross receipts, franchise), sales and use, real and personal property, excise, transfer, and many other industry-specific taxes. Pennsylvania alone has about 34 state-level taxes.

Federal Tax

New Section 987 Foreign Currency Regulations Hold Trap

In the global economy, companies operate foreign business in various currencies. U.S. taxpayers must translate their foreign currency transactions into U.S. dollars. Many times the rules are misunderstood.
Repeal of Downward Attribution Rules Creating More CFCs

The Tax Cuts and Jobs Act of 2017 modified the stock attribution rules for determining if a foreign corporation is a controlled foreign corporation by repealing the downward attribution rules under Section 958(b)(4). The reason for repealing the provision was to have more companies that undertook “inversion” transactions classified as CFCs so their U.S. shareholders would be subject to inclusions under the U.S. anti-deferral subpart F provisions per Section 951(a) and global intangible low-taxed income per Section 951A.

Tax Season Featured Member Benefits

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CPA Now Blogs

Pa. General Assembly Gives Dept. of Revenue Authority to Extend Filing and Payment Deadlines

The Pennsylvania General Assembly passed House Bill 1232, which amends the Fiscal Code and temporarily authorizes the Department of Revenue to extend tax filing and payment deadlines. The PICPA has spoken with state legislators about the need for consistency across taxing bodies and levels, and this legislation provides much needed clarification.
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Tax Updates Relevant to the COVID-19 Outbreak

Congress is working to provide financial relief to individuals, businesses, and tax-exempt organizations crippled by the COVID-19 pandemic. However, several tax provisions already have been announced by the Treasury Department, the IRS, and Pennsylvania government.
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CPA Conversations Podcasts

Research and Development: A Valuable Tax-Savings Tool Post-TCJA

The Tax Cuts and Jobs Act of 2017 eliminated many of the common credits and incentives that businesses relied upon to lessen their tax burden, but the research and development tax credit remains. In this episode, Mike Krajcer, CPA, JD, president of Tax Credits Group LLC in Cleveland, discusses the companies that are eligible to claim the R&D credit, the benefits a company could expect to receive, and more.
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How CPAs Can Advise on Qualified Opportunity Zones

We explored Qualified Opportunity Zones with experts Chris Catarino and Steven Rossman, both CPAs at Drucker & Scaccetti in Philadelphia, in July 2019. We have returned to them to discuss the Section 1031 exchange and how it compares with Qualified Opportunity Zones. Catarino and Rossman explain the differences between the two and when to use them.
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