H2R CPA Blog
Tax Reform Resource Center
by Nate DeFilippi, CPA, MBA
In response to a request from the Pennsylvania Institute of Certified Public Accountants (PICPA), The Pennsylvania Department of Revenue (DOR) has agreed to delay the implementation of new 1099-MISC withholding requirements.
Act 43 of 2017 introduced a new and more complicated withholding requirement for Pennsylvania businesses. Beginning January 1, 2018, certain payors of Pennsylvania-source income and lessees of Pennsylvania real estate of at least $5,000 to non-resident individuals, as well as single-member LLCs that have a nonresident individual member, will now be obligated to withhold Pennsylvania personal income tax on these payments.
In response to this increased administrative burden and the additional costs to become compliant for Pennsylvania businesses, the Pennsylvania DOR has taken the following actions:
Contact H2R CPA at 412-391-2920 or firstname.lastname@example.org if you have questions regarding Pennsylvania’s agreement to delay 1099-MISC assessments. Our H2R CPA team would be happy to assist you.
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