The Safe, Accountable, Flexible, Efficient Transportation Equity Act (SAFETEA-LU) offers public transportation authorities that utilize compressed natural gas (CNG) the opportunity to claim an alternative fuel excise tax credit. Tax-exempt…
Pennsylvania Tax Update: Business Taxes Move to myPATH Platform
The Pennsylvania Department of Revenue (DOR) recently announced that all of the business taxes it administers will be transitioned to a new platform, myPATH. Affected taxpayers will receive information directly…
Too Good to Be True? Watch Out for False Employee Retention Tax Credit Promises
At the height of the COVID-19 pandemic, the U.S. government rolled out a number of initiatives to help struggling business owners. One of these was the Employee Retention Tax Credit…
State Tax Implications of Using Third-Party Fulfillment Services
Running a business is hard. Even before the current challenges of inflation and staffing shortages, management had a lot on its plate: procurement, production, research and development, marketing, payroll, accounting,…
Tax Alert: Penalty Relief for Delinquent International Information Returns Filed by September 30
As part of annual tax return compliance, the IRS requires additional information returns to be completed related to investments and intercompany transactions with foreign subsidiaries and trusts. These returns often…
