Doing business in multiple states? Companies with a multi-state tax presence have the unique challenge of ensuring compliance with tax laws and regulations that vary widely from state to state….
PA New ID Verification for Tax Refunds
In response to growing identify theft concerns, taxpayers may need to complete an additional step before receiving their state tax return in 2014: identity verification. In an effort to combat…
Is a Delaware Holding Company Still Viable in PA?
For years, companies have been using a Delaware Holding Company (DHC) structure to mitigate state income taxes. After years of wrestling with possible solutions, Pennsylvania introduced the Pennsylvania Tax Reform…
PA Legislation Brings Changes to Bank Shares Tax Calculation
Recent legislation in Pennsylvania brings several changes to the calculation of the Bank Shares Tax. This is a tax imposed on the apportioned taxable capital of “banks.” The term, “bank,”…
