Pennsylvania State Budget Approved for $32.7 Billion, No Severance Tax Included

On June 22, Pennsylvania Governor Tom Wolf signed into law a $32.7 billion state budget for fiscal year 2019. Noted as “bipartisan,” this is ... read more >

Pennsylvania Issues Guidance on Filing of Forms W-2 and 1099

To assist employers in complying with its new W-2/1099 filing requirements, the Pennsylvania Department of Revenue released the 2018 W-2 and 1099 Employer ... read more >

Will Federal Reserve Increases Impact Residential Construction?

In recent years, the residential construction industry has shown great strength not only due to the demand for housing, but also because of consistently ... read more >

Postcard from the 2018 AICPA SOC for Cybersecurity Conference

I recently attended the AICPA’s SOC for Cybersecurity conference at the AICPA’s headquarters in Durham, North Carolina. The conference covered ... read more >

Cryptojacking on the Rise

Since 2013, companies have had one main thing on their minds when it came to IT security – ransomware – an exploitative attack that’s ... read more >

United States Supreme Court Issues Opinion in Wayfair Case

Earlier today, the United States Supreme Court, in a 5-to-4 decision, issued its much anticipated opinion in South Dakota v. Wayfair, overturning the physical ... read more >

IRS Releases Guidance Regarding TCJA Higher Education Excise Tax on Net Investment Income

On June 8, 2018, the IRS released Notice 2018-55 (“Notice”) regarding the Tax Cuts and Jobs Act's 1.4% excise tax on the net investment ... read more >