Insights
Bulk Sale Purchases and Seller's Tax Liability
By Emery Stewart | Aug 27 2010 | State and Local tax
When purchasing the assets of another business, purchasers must be aware of the respective state’s bulk sale provisions. Most states have laws and ...
New Tax Amnesty Program in Illinois
By Matthew Dodge | Aug 27 2010 | State and Local tax
The governor of Illinois, Pat Quinn, signed into law an amnesty program for outstanding Illinois taxes. The amnesty program runs from October 1, 2010 ...
Oil and Gas Industry Update - State and Local Tax Considerations
By Mark Rossetti | Aug 25 2010 | State and Local tax
This article was written by Mark Rossetti and Matt Dodge - State and Local Tax The recent development in the natural gas industry of drilling in Marcellus ...
Expiration of Tax Benefits in Keystone Opportunity Zones
By Emery Stewart | Aug 25 2010 | State and Local tax
The tax benefits related to some Keystone Opportunity Zones (KOZ), Keystone Opportunity Expansion Zones (KOEZ), and Keystone Opportunity Improvement Zones ...
Pennsylvania Governor Announces Tough Measures For Tax Delinquents
By Emery Stewart | Jun 28 2010 | State and Local tax
Pennsylvania Governor Ed Rendell in a recent press conference touting the “overwhelming success” of the Pennsylvania tax amnesty program announced ...
Florida Enacts Amnesty Program
By Emery Stewart | Jun 24 2010 | State and Local tax
Florida Governor, Charlie Crist recently signed Bill 5801 establishing an amnesty program for the period of July 1 through September 30, 2010. The amnesty ...
Nexus Presumption and Burdensome Reporting Requirements
By Jennifer Koehler | May 04 2010 | State and Local tax
The state of Colorado recently enacted legislation that took effect on March 1, 2010 establishing a sales and use tax nexus presumption for out-of-state retailers that do not collect Colorado sales or use tax and are also part of corporate group that includes another retailer with a physical presence in the state....
What Governor Rendell's Budget Really Means to Pennsylvania Consumers
By Emery Stewart | Mar 23 2010 | State and Local tax
When commenting on his new budget proposal that was revealed last month, Governor Ed Rendell was quoted as saying, “For the average Pennsylvania family, the elimination of sales tax loopholes does not impact them one way or other.”...
FIN 48 - Uncertain Tax Positions and the Internal Revenue Service
By Emery Stewart | Mar 08 2010 | State and Local tax
Recently, the Internal Revenue Service has released IRS Announcement 2010-09 regarding uncertain tax positions. In an attempt to improve transparency and ...
Insight into an Ohio Audit
By Mark Rossetti | Feb 25 2010 | State and Local tax
The Ohio Department of Taxation recently hired 85 new auditors, which brings the Department’s total audit workforce to approximately 340 people....
Pennsylvania's Proposed Budget for Fiscal Year 2010-2011
By Emery Stewart | Feb 10 2010 | State and Local tax
This week Pennsylvania Governor Ed Rendell released his proposed budget for fiscal year 2010-2011. The proposed budget would include the following changes ...
Ohio Commercial Activity Tax (CAT) - Jeopardy Assessments
By Mark Rossetti | Feb 01 2010 | State and Local tax
When enacting the CAT statute, it appears that the Ohio legislature failed to include language authorizing the Ohio Department of Taxation to enter into ...
New York Tax - Penalty and Interest Program (PAID)
By Matthew Dodge | Jan 19 2010 | State and Local tax
The State of New York has initiated a Penalty and Interest Discount Program (PAID) beginning January 15, 2010. The program allows participants to pay off ...
Ohio Sales Tax - New Rule Regarding Negative Equity in Vehicle Sales
By Mark Rossetti | Jan 08 2010 | State and Local tax
The Ohio Department of Taxation has adopted Rule 5703-9-36, which explains the calculation of sales tax due on the purchase of a new motor vehicle when ...
Pennsylvania Tax Amnesty
By Emery Stewart | Oct 19 2009 | State and Local tax
Pennsylvania will offer tax amnesty for the period beginning on April 26,2010 and concluding on June 18, 2010 for all taxes administered by the Pennsylvania Department of Revenue for unknown tax liabilities that are delinquent as of June 30, 2009. Jack Stewart provides details....
Pennsylvania Corporate Tax Update
By Emery Stewart | Oct 19 2009 | State and Local tax
Jack Stewart highlights several of the corporate tax changes that were implemented upon the recent passage of the Pennsylvania state budget....
Virginia Tax Amnesty: October 7, 2009 through December 5, 2009
By Emery Stewart | Oct 13 2009 | State and Local tax
Amnesty is open to all taxpayers who are required to file a return or remit any tax administered or collected by the Virginia Department of Taxation. Jack Stewart of Schneider Downs explains the exceptions....
Pennsylvania Bad Debt Refund Deadline Approaching
By Matthew Dodge | Sep 02 2009 | State and Local tax
Given the current state of the economy and the possibility of increased bad debts, it is important to recognize that your organization might be able to recover the sales tax related to bad debt write-offs. ...
PA Tax on MRI Equipment Has Broad Implications
By Timothy Adams | Aug 21 2009 | State and Local tax
Pennsylvania has ruled that magnetic resonance imaging (MRI) equipment and positron emission tomography/computerized tomography (PET/CT) scan equipment are “real estate” for Pennsylvania sales tax purposes in cases in which sufficient equipment has been installed pursuant to a construction contract. Accordingly, such equipment is not subject to sales tax. Tim Adams explains how this may impact the taxability of other structures. ...
CARS Rebate Not Subject to Sales and Use Tax in Pennsylvania
By Jennifer Koehler | Aug 11 2009 | State and Local tax
Although no official guidance has been issued by the Pennsylvania Department of Revenue, the Commonwealth is taking the position that a credit received ...
Is Tax Amnesty the Answer for Pennsylvania?
By Jennifer Koehler | Jul 16 2009 | State and Local tax
The Republicans in the Pennsylvania House of Representatives released their budget proposal on July 10, 2009. One of the most controversial aspects of the $27.3 billion budget proposal is the tax amnesty program. ...
PA Rules on Taxability of Church Property
By Jennifer Koehler | Apr 28 2009 | State and Local tax
A recent decision by the Commonwealth Court of Pennsylvania stated that the administrative offices of a church were not exempt from Pennsylvania real property taxes. Jennifer Koehler provides the details....
Constitutional Issues and Tax Appeals in Pennsylvania
By Emery Stewart | Apr 02 2009 | State and Local tax
A recent decision issued by the Pennsylvania Commonwealth Court serves as a reminder to raise any and all pertinent issues at the first level of appeal. Jack Stewart provides a state and local tax update....
Sales of Food and Beverages by Exempt Organizations
By Jennifer Koehler | Mar 12 2009 | State and Local tax
On February 20, 2009 the Pennsylvania Department of Revenue reissued Legal Letter Ruling No. SUT-04-011. The letter ruling specifically addressed the sale of food and beverages by a church during a community festival. The sales by the church were deemed taxable because it sold to the public and was in competition with other vendors required to collect sales tax. Jennifer Koehler provides analysis....
Legislation Targeted to Fix Business Privilege Tax Decision
By Matthew Dodge | Mar 12 2009 | State and Local tax
Pennsylvania State Senator Pat Browne intends to introduce SB 601 that is intended to clarify that a permanent place of business or base of operations is needed to subject a company to a business privilege tax within a municipality. Tim Adams of Schneider Downs provides analysis. ...
Credits are Running Out: Pennsylvania Educational Improvement Tax Credit Program
By Matthew Dodge | Mar 06 2009 | State and Local tax
The Educational Improvement Tax Credit (EITC) encourages taxpayers to make donations to qualified organizations by providing tax credits. Applications for fiscal year 2008-09 EITC commenced on July 1, 2008 and will continue until the available tax credits are depleted. Details and background from Schneider Downs....
What State Budget Deficits Most Likely Means to You
By Timothy Adams | Jan 23 2009 | State and Local tax
As an individual or corporate taxpayer, these current state budget deficits most likely will result in increased department of revenue contact and tax ...
Are you holding unclaimed property?
By Jennifer Koehler | Jan 13 2009 | State and Local tax
What do all of those gift cards I got for Christmas make me think about? Well, being an accountant, I can’t help but think about the fact that many ...
Got Sales and Use Tax Nexus?
By Emery Stewart | Oct 13 2008 | State and Local tax
Nexus for sales and use tax differs from nexus for income taxes. Nexus protection from income tax purposes under P.L. 86-272 is not available for sales ...
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December 31, 1969