by Anne Angera | Jan 10, 2022 | Resources For Individual Taxpayers
This summer as part of Pennsylvania’s annual budget legislation, an electronic payment mandate was instituted starting on January 1, 2022. Any personal income tax payments equal to or greater than $15,000 must now be paid electronically. Payments not made...
by Anne Angera | Dec 8, 2021 | Resources For Individual Taxpayers
As if another year of the COVID-19 pandemic wasn’t enough to produce an unusual landscape for year-end tax planning, Congress continues to negotiate the budget reconciliation bill. The proposed Build Back Better Act (BBBA) is certain to include some significant tax...
by Anne Angera | Nov 23, 2021 | Resources For Employers, Resources For Individual Taxpayers
The U.S. House of Representatives passed a crucial part of President Biden’s agenda by a vote of 220-213 on November 19. The Build Back Better Act (BBBA) includes numerous provisions related to areas ranging from health care, climate change and immigration to...
by Anne Angera | Nov 11, 2021 | Resources For Employers, Resources For Individual Taxpayers
Almost three months after it passed the U.S. Senate, the U.S. House of Representatives has passed the Infrastructure Investment and Jobs Act (IIJA), better known as the bipartisan infrastructure bill. While the bulk of the law is directed toward massive investment in...
by Anne Angera | Oct 4, 2021 | Resources For Employers, Resources For Individual Taxpayers
Homeowners and businesses across the country have experienced weather-related disasters in recent months. From hurricanes, tornadoes and other severe storms to the wildfires again raging in the West, natural disasters have led to significant losses for a wide swath of...
by Anne Angera | Jul 1, 2021 | Resources For Individual Taxpayers
Eligible parents will soon begin receiving payments from the federal government. The IRS announced that the 2021 advance child tax credit (CTC) payments, which were created in the American Rescue Plan Act (ARPA), will begin being made on July 15, 2021. How have child...
