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.
At this time of year, the PICPA government relations team usually is humming along preparing for PICPA’s annual Day on the Hill event. We had been contemplating changes to this annual gathering, but with the COVID-19 pandemic it seems our hand has been forced. It’s time to pursue new paths forward in advocacy.
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.
Most public policy issues get addressed in some form or fashion, while others never seem to get resolved. Pennsylvania school property tax reform is one of those issues that hangs around year after year. Believe it or not, progress is being made on this front.
The PICPA is seeking amendments to the Pennsylvania CPA Law that will enable CPAs to better meet the needs of an evolving industry. House Bill 2288 will codify the professional conduct standards and expand the scope of education applicable to an accounting degree, among other adjustments.
On Jan. 31, 2020, the Pa. Department of Revenue issued Sales and Use Tax Letter Ruling No. SUT-20-001, which states that if membership fees include the transfer of taxable property in addition to nontaxable services, the entire membership charge is subject to tax. This presents a host of issues for the PICPA and other membership communities.