Revenue Secretary Dan Hassell reported Tuesday that Pennsylvania collected $2.4 billion in general fund revenue last month, 6.8% more than expected.
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Senators will propose tax credits bill to address labor shortage
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.
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Brown Schultz Sheridan and Fritz forms business valuation and litigation consulting firm
Regional accounting and advisory firm, Brown Shultz Sheridan and Fritz (BSSF), has launched a business valuation and litigation support consultancy.
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PA House approves bill to increase allotted deductibles for small businesses
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.
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PA Senate passes bill allowing businesses a higher tax deduction on new equipment
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.
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Gov. Tom Wolf’s tax cut will hurt small business, make state less competitive, business leaders say
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.
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Bill would scrub old tax formula from books
The Pennsylvania House passed a bill Wednesday that would remove the capital stock and franchise tax assessment methodology, from state law.
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