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.