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tax

Feb 9, 2022

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. 

Jan 26, 2022

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. 

Oct 28, 2021

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. 

Feb 4, 2021

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.

May 1, 2019

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.