The PICPA is working at both the federal and state levels to soften the blow of the U.S. Department of Labor’s (DOL) overtime rule that will take effect later this year. Find out where we are working for you.

Businesses nationwide are reviewing the new overtime-pay rule. In Pennsylvania, CPA firms and their clients are expressing concern. The rule may be well-intentioned, but it is likely to have unintended consequences. Many employers believe the rule will force them to cap workers’ hours, slow the hiring of full-time employees, and shift salaried workers to hourly schedules.

The so-called “Property Tax Independence Act,” or Senate Bill 76, is once again vying for the attention of Pennsylvania lawmakers. To be clear, SB 76 would not eliminate all school property taxes as advocates claim.

The U.S. Department of Labor has proposed major changes to the white-collar exemptions to federal overtime pay requirements. The proposal, if allowed to go into effect, could have significant ramifications to PICPA members, their firms, and the clients they represent.

In front of the Pennsylvania General Assembly, Gov. Tom Wolf announced his budget proposal for fiscal year 2016-2017. In strong, and sometimes scolding, terms, Wolf called on lawmakers to both fix Pennsylvania’s structural budget deficit and invest more in schools. It did not sit well with the opposition.