On December 2, 2022, the IRS issued new draft instructions for both Schedule K-2 and K-3 related to 2022 tax year compliance. These new instructions, which are an update to…
RKL Grows Lehigh Valley Presence with Allentown Office and Team Expansion
ALLENTOWN, PA (November 30, 2022) — One year since the launch of its Allentown location, CPA and advisory firm RKL LLP has more than tripled its office space and added…
Alternative Fuel Excise Tax Credit: What is it and Who Qualifies?
The Safe, Accountable, Flexible, Efficient Transportation Equity Act (SAFETEA-LU) offers public transportation authorities that utilize compressed natural gas (CNG) the opportunity to claim an alternative fuel excise tax credit. Tax-exempt…
What Your Board Should Be Talking About, Part 2: Cybersecurity Hygiene
Anxiety and concerns about cost – these are often the first thoughts that come to mind for board members considering cybersecurity. Despite these worries, a board must confront cybersecurity as…
Pennsylvania Tax Update: Business Taxes Move to myPATH Platform
The Pennsylvania Department of Revenue (DOR) recently announced that all of the business taxes it administers will be transitioned to a new platform, myPATH. Affected taxpayers will receive information directly…
