Fraudsters are at it again with the Pennsylvania Department of Revenue being their latest target in the new scam. Scam […]
Pennsylvania Reduces Corporate Net Income Tax as Part of State Budget
Tax Planning & Compliance
The 2022–2023 state budget bill was approved by a bipartisan Pennsylvania Senate and House of Representatives and was signed into […]
Maryland Raises Business Personal Property Exemption
Tax Planning & Compliance
The Maryland State Department of Assessments and Taxation (SDAT), has raised the exemption from personal property assessment for all Maryland […]
Maryland Digital Advertising Tax Act
Tax Planning & Compliance
In December 2021, the Maryland Comptroller issued final regulations interpreting the Maryland digital advertising services tax (DAT). These tax regulations […]
Tax Treatment of Leasehold Improvements
Tax Planning & Compliance
Leasehold improvements are enhancements made to rental properties to fit a specific need of a tenant. These enhancements, such as […]
Unclaimed Property for Businesses & Individuals
Tax Planning & Compliance
Inflation is on the rise, with the U.S. inflation rate standing at 8.3% as of April 2022. The current inflation […]
IRS Increases Mileage Rates for Final Six Months of 2022
Tax Planning & Compliance
The Internal Revenue Service announced an increase in the standard mileage rate for the final six months of 2022 due […]