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Corporate tax

Internal Revenue Service (IRS)
National

IRS Targets Faster, More Collaborative Audits for Large Corporations Under New Guidance

July 27, 2025July 27, 2025 - by Maryann Pugh

WASHINGTON, D.C. — The Internal Revenue Service has announced a set of procedural reforms aimed at improving the efficiency and transparency of audits involving large corporate taxpayers. Issued through an …

IRS Targets Faster, More Collaborative Audits for Large Corporations Under New Guidance Read More

Hundred dollar bills
Pennsylvania

Pennsylvania Closes Fiscal Year With Surplus, Exceeds Revenue Projections

July 8, 2025July 7, 2025 - by Maryann Pugh

HARRISBURG, PA — Pennsylvania concluded its 2024-25 fiscal year with $46.4 billion in General Fund collections, surpassing expectations by $321 million, or 0.7 percent, according to Revenue Secretary Pat Browne.

Pennsylvania Closes Fiscal Year With Surplus, Exceeds Revenue Projections Read More
Hundred dollar bills
Pennsylvania

Pennsylvania’s $3.2B May Revenue Signals Strength Despite Shortfall

June 9, 2025June 9, 2025 - by Maryann Pugh

HARRISBURG, PA — Pennsylvania’s General Fund revenue for May totaled $3.2 billion, falling $66.3 million or 2% below projections, according to Revenue Secretary Pat Browne. Despite the slight shortfall, the fiscal …

Pennsylvania’s $3.2B May Revenue Signals Strength Despite Shortfall Read More

Internal Revenue Service (IRS)
National

Don’t Miss the June 16 Tax Deadline! Secure Your Finances Now

June 7, 2025June 7, 2025 - by Maryann Pugh

WASHINGTON, D.C. — The Internal Revenue Service (IRS) has issued a reminder to taxpayers that the deadline for second quarter estimated tax payments is approaching. Payments must be submitted by …

Don’t Miss the June 16 Tax Deadline! Secure Your Finances Now Read More
Funds
Pennsylvania

Pennsylvania Reports $6.2 Billion in General Fund Revenue for April, Exceeding Estimates

May 4, 2025May 4, 2025 - by Maryann Pugh

HARRISBURG, PA — Pennsylvania reported $6.2 billion in General Fund revenue for April, surpassing estimates by $363.2 million, or 6.2 percent, according to Revenue Secretary Pat Browne. The fiscal year-to-date …

Pennsylvania Reports $6.2 Billion in General Fund Revenue for April, Exceeding Estimates Read More

Banknotes
Pennsylvania

Pennsylvania’s General Fund Revenue Exceeds March Estimates by $70 Million

April 6, 2025April 6, 2025 - by Maryann Pugh

HARRISBURG, PA — Pennsylvania’s General Fund revenue collections for March totaled $6.2 billion, exceeding projections by $70 million, or 1.1 percent, according to Revenue Secretary Pat Browne. This positive performance …

Pennsylvania’s General Fund Revenue Exceeds March Estimates by $70 Million Read More
Funds
Pennsylvania

Pennsylvania’s Economic Triumph: Surging October Revenues Signal Financial Resilience

November 4, 2024November 3, 2024 - by Maryann Pugh

HARRISBURG, PA — Pennsylvania’s financial outlook received a positive boost as the state reported General Fund revenue collections of $3.4 billion in October, surpassing projections by $57.1 million or 1.7 …

Pennsylvania’s Economic Triumph: Surging October Revenues Signal Financial Resilience Read More

Funds
Pennsylvania

Surprising Revenue Boost: What Pennsylvania’s August Collections Mean for the State’s Economy

September 8, 2024September 8, 2024 - by Maryann Pugh

HARRISBURG, PA — The Pennsylvania Department of Revenue reported that the state’s General Fund revenue for August reached $2.9 billion, surpassing projections by $53.9 million, or 1.9 percent. This encouraging …

Surprising Revenue Boost: What Pennsylvania’s August Collections Mean for the State’s Economy Read More
Internal Revenue Service (IRS)
National

IRS Intensifies Focus to Ensure Tax Compliance from High-Income Entities

January 15, 2024January 14, 2024 - by Maryann Pugh

The Internal Revenue Service (IRS) is making significant strides to bring high-income individuals, complicated partnerships, and colossal corporations within the ambit of thorough scrutiny. Bolstered by the support of the …

IRS Intensifies Focus to Ensure Tax Compliance from High-Income Entities Read More

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