New PA Income Tax Withholding Requirement for Non-Residents

by Rick Tonarelli, CPA, Tax Senior Manager​Effective January 1, 2018, Pennsylvania requires payors of certain PA source income to withhold PA income tax from such payments. The withholding pertains only to non-employee compensation and business income (including royalties and bonuses) paid to non-resident individuals (or disregarded entities with a non-resident owner), for which a Federal … Read more

Major provisions of the new tax legislation

by Bill Bodnar, CPA, MST​, Tax Director The Tax Cuts and Jobs Act was signed by President Trump on December 22, 2017. The Act represents the most comprehensive change to the Internal Revenue Code since 1986. There have been a number of changes affecting all taxpayers, and to assist in identifying those which may impact … Read more