Statements of fact and opinion are the authors’ responsibility alone and do not imply an opinion on the part of PICPA officers or members. The information contained in herein does not constitute accounting, legal, or professional advice. For professional advice, please engage or consult a qualified professional.
Pennsylvania’s Independent Fiscal Office recently published an updated demographics forecast for the state through 2030. The latest data show that state's labor force participation rates remain well below prepandemic rates.
An unsettled economic environment during a midterm election has historically been a recipe for disaster for the party in power. Not this year! Get a recap of 2022's surprising election results from PICPA's government relations team.
The PICPA government relations team has been working on major legislative changes to Pennsylvania’s CPA Law for years. On Nov. 3, Gov. Tom Wolf signed the legislation, making vital updates to the law that governs the profession and impacts so many functions.
The new Inflation Reduction Act is a large and complex piece of legislation that contains numerous tax components. This blog takes a deep look at the 15% Corporate Alternate Minimum Tax (CAMT) and several elements that deserve close scrutiny.
There are only a handful of session days in the Pennsylvania legislature before November’s election recess, so lawmakers will be using this narrow window to add to their list of 2021-2022 accomplishments. The PICPA will be involved, advocating for several important goals before time runs out on the session.