Pennsylvania collected $2.9 billion in general fund revenue last month, which was $63.8 million - or 2.3% - more than anticipated, the Department of Revenue reported Thursday.

With the May totals now in, Pennsylvania has collected a record $43.9 billion in general fund revenue for the first 11 months of the current fiscal year, Gov. Tom Wolf announced Wednesday.

Whether it was the influx of radio commercials or the emails from your accountant flooding your inbox, you’ve probably realized by now that tax season just past.

Revenue Secretary Dan Hassell reported Tuesday that Pennsylvania collected $2.4 billion in general fund revenue last month, 6.8% more than expected. 

To address the persistent labor shortage in Pennsylvania, state Sens. Ryan Aument and John Yudichak announced that they will soon introduce a bill to create a Small Business Workforce Tax Credit. 

Regional accounting and advisory firm, Brown Shultz Sheridan and Fritz (BSSF), has launched a business valuation and litigation support consultancy. 

Tax reform legislation passed by the house on Tuesday would allow Pennsylvania’s small businesses to take full deductions on qualifying equipment up to $1.05 million on state personal income tax. 

A bill that would allow Pennsylvania businesses to claim tax deductions of up to $1.05 million for the purchase of new equipment passed the state Senate in a 31 to 19 vote and is now headed to the House. 

In his annual budget address on Wednesday, Gov. Tom Wolf outlined a $40.2 billion spending plan he says will reduce taxes for working class families and invest nearly $2 billion in new resources in the public education system.

The Pennsylvania House passed a bill Wednesday that would remove the capital stock and franchise tax assessment methodology, from state law.