Tax Warrior Chronicles

New Online Philadelphia Tax Center to Launch Nov. 1

Posted on Fri, Oct 29, 2021

The Philadelphia Department of Revenue announced that on Monday, November 1st it will launch a new tax filing and payments website, The Philadelphia Tax Center. The Tax Center will allow Philadelphia taxpayers to file and pay taxes, as well as communicate with the Department of Revenue, all in one place. 

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June 15 Estimated Tax Due Dates Still Valid in Certain States

Posted on Tue, Jun 09, 2020

In response to the COVID-19 pandemic nearly every taxing authority (federal, state, and local) granted taxpayers an automatic extension of time to file and/or pay 2019 taxes.  This has made the 2020 tax season… interesting.  As we approach June 15, which is typically the date second quarter estimated tax payments are due for most taxing authorities, many are wondering if they need to act now, or if they have until July 15, 2020 to make these payments.  The answer, as it usually is in taxation is, it depends.

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Wayfair - One Year Later

Posted on Thu, Jun 06, 2019

By: Clare Porreca, CPA, MT

 

Since the U.S. Supreme Court’s 2018 decision in the South Dakota v. Wayfair, Inc. case, states have continued to update their statutes to assess and collect sales tax from out-of-state sellers, specifically, online retailers.  In a nutshell, the Supreme Court agreed that out-of-state sellers who met certain thresholds had nexus in South Dakota and thus, South Dakota could collect sales tax from them.  So, what’s happened since the June 21, 2018, decision?

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Planning for Expiring KOZ Tax Exemptions

Posted on Tue, Aug 14, 2018

By: Clare Porreca, CPA, MT

 

Many businesses in Pennsylvania have benefitted from the Keystone Opportunity Zone Program(“KOZ”).  Some are set to expire soon.  They can be extended for an additional 10 years if certain job creation and capital investment requirements have been met.  If they are not extended, however, businesses previously exempt from many taxes will now be subject to them all.  For those businesses, careful planning is in order.

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BIRT Payments Must Be Electronic Starting April 2018

Posted on Thu, Nov 09, 2017

By: Eric R. Elmore

 

While federal tax reform plows ahead in Washington, D.C., the City of Philadelphia announces its own shift in policy.

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2-Year Tax Breaks for “Jump Starting” Philly Businesses

Posted on Tue, May 13, 2014

This week is National Small Business Week, when we recognize the contributions that these entities make to the economic engine of the United States.  Most business associations, like our friends at the Greater Philadelphia Chamber of Commerce, the Center City Proprietors Association and the Independence Business Alliance, are all taking the time to recognize small business as the staple of American capitalism. Also during this week, we take the time to highlight some of the programs that make it easier for a small business to successfully survive or, in this case of this blog, launch. And, though there are many programs available from the federal government, there are also quite a few

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Philadelphia Tax Update - Summer 2012

Posted on Fri, Aug 03, 2012

In the last several months, there have been a slew of tax changes affecting Philadelphia residents, business owners, and property owners.  In this blog post, we will examine some of the most recent tax legislation in the City of Philadelphia and how it may affect you.

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