Tax Warrior Chronicles

Philadelphia Wage Tax Rate Reduces Again as Planned

Posted on Tue, Aug 07, 2018

By: Drucker & Scaccetti

 

As part of a planned schedule to lower the City Wage Tax, The Philadelphia Department of Revenue reduced the tax for residents and non-residents again on July 1, 2018. Any paycheck that businesses issue with a pay date after June 30, 2018 must have Philadelphia City Wage Tax withheld at the new rate.

Read More

International Taxation for Individuals - Part IV: Which Forms Are Commonly Required?

Posted on Thu, Jul 19, 2018

By: Patrick J. McCormick, JD, LLM

 

Part I of this series focused on income tax obligations for American citizens and residents, with Part II detailing options to mitigate double taxation for those individuals.  Part III covered tax treatment of individuals who are neither citizens nor residents of the U.S., but have income sourced to the country.  In this fourth and final part of this series, we will discuss the forms most often utilized for tax compliance. 

Read More

International Taxation for Individuals – Part I: Who is Subject to Tax?

Posted on Tue, Jun 26, 2018

By: Patrick J. McCormick, JD, LLM

 

International tax is a rapidly expanding field, with implications for an exponentially increasing number of individuals.  Today we’re providing an introduction to the basics in this area in part one of a four-part blog series on international taxation for individuals. Today’s focus is the differences between U.S. citizens and U.S. residents and how the IRS views their obligations.  Many (whether it be laypersons or well-versed tax practitioners) assume international tax has no applicability to them.  More often, they are mistaken…and very often, the realization comes after errors have been made.

Read More

Tax Refund Opportunity for Philadelphia Residents Working Outside PA

Posted on Thu, Mar 23, 2017

By: Rosalind W. Sutch, CPA & Chris Catarino, CPA

 

Taxpayers residing in Philadelphia and working outside of Pennsylvania (full or part-time) may be eligible for a refund of their Philadelphia Wage Tax. This refund opportunity recently became available due to a far-reaching U.S. Supreme Court decision, explained further below. Accordingly, many taxpayers, employers, and non-local tax practitioners are not aware of this opportunity.

Read More