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Tax

Capitol
Government / Pennsylvania

Pennsylvania House Passes Working Pennsylvanians Tax Credit Bill

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

HARRISBURG, PA — The Pennsylvania House of Representatives has approved legislation introduced by Rep. Christina Sappey, D-Chester, designed to provide financial relief to nearly one million working residents. House Bill …

Pennsylvania House Passes Working Pennsylvanians Tax Credit Bill 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
Real estate
National / Real Estate

How Rising Home Values Are Changing Your Property Tax Bill

April 22, 2025April 20, 2025 - by Timothy Alexander

IRVINE, CA — Property taxes levied on U.S. single-family homes totaled $357.5 billion in 2024, down 1.6% from the previous year, according to ATTOM’s newly released property tax analysis. Despite …

How Rising Home Values Are Changing Your Property Tax Bill Read More

A stack of money
Pennsylvania

Pennsylvania Surges Ahead with $2.9 Billion in February Revenue, Closing in on Fiscal Goals

March 9, 2025March 8, 2025 - by Maryann Pugh

HARRISBURG, PA — Pennsylvania collected $2.9 billion in General Fund revenue in February, outperforming estimates by $44.0 million, or 1.6 percent, according to Revenue Secretary Pat Browne. Fiscal year-to-date collections stand …

Pennsylvania Surges Ahead with $2.9 Billion in February Revenue, Closing in on Fiscal Goals Read More
Open for Business
National / Small Business

Survey Reveals Optimism Among Small Business Owners for 2025, but Challenges Persist

March 7, 2025March 7, 2025 - by Timothy Alexander

NEW YORK — Small business owners across the United States are looking ahead to 2025 with optimism, despite grappling with significant obstacles such as inflation, tax complexity, and difficulties accessing capital. …

Survey Reveals Optimism Among Small Business Owners for 2025, but Challenges Persist Read More

Cecil College
Colleges and Universities / Regional

Cecil College Delivers $198.1 Million Boost to Local Economy

February 27, 2025February 27, 2025 - by Timothy Alexander

NORTH EAST, MD — Cecil College continues to prove its value as both an educational institution and a significant economic engine for the region. According to a December 2024 Economic Impact …

Cecil College Delivers $198.1 Million Boost to Local Economy Read More
Vertex
Regional

Vertex Report Highlights Surge in Local Tax Activity and Complexities for 2025

January 29, 2025January 29, 2025 - by Timothy Alexander

KING OF PRUSSIA, PA — Vertex Inc. (NASDAQ: VERX) has released its 2024 U.S. End-of-Year Rates and Rules Report, shedding light on significant growth in district-level tax activity that underscores the …

Vertex Report Highlights Surge in Local Tax Activity and Complexities for 2025 Read More

Savings
National

Treasury and IRS Propose New Rules for SECURE 2.0 Catch-Up Contributions

January 13, 2025January 12, 2025 - by Maryann Pugh

WASHINGTON, D.C. — The Department of the Treasury and the Internal Revenue Service (IRS) have unveiled proposed regulations addressing key provisions of the SECURE 2.0 Act related to retirement plan catch-up …

Treasury and IRS Propose New Rules for SECURE 2.0 Catch-Up Contributions Read More
US Department of the Treasury
National

Treasury and IRS Finalize Rules on Partnership Basis Shifting Transactions

January 13, 2025January 12, 2025 - by Maryann Pugh

WASHINGTON, D.C. — The Department of the Treasury and the Internal Revenue Service (IRS) have issued final regulations classifying certain partnership related-party basis adjustment transactions as transactions of interest (TOIs). These …

Treasury and IRS Finalize Rules on Partnership Basis Shifting Transactions Read More
Internal Revenue Service (IRS)
National

Don’t Get Hit with Costly Penalties—Act Now to Avoid a Tax Bill Before January 15 Deadline!

January 12, 2025January 12, 2025 - by Maryann Pugh

WASHINGTON, D.C. — The Internal Revenue Service (IRS) is reminding taxpayers to make their fourth quarter estimated tax payment by January 15, 2025, if they underpaid federal taxes in 2024. The …

Don’t Get Hit with Costly Penalties—Act Now to Avoid a Tax Bill Before January 15 Deadline! Read More

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