Authored by one of the top names in Pennsylvania state taxation -- Charles L. Potter, Jr., J.D., CPA -- the Guidebook to Pennsylvania State Taxes is unmatched in clarity, practicality, and helpful analysis. This comprehensive and authoritative Guide provides practitioners with insights and guidance on Pennsylvania taxes, with special emphasis placed on tax compliance and tax-savings opportunities.
Widely used by Pennsylvania tax practitioners and businesses (and professionals in neighboring states), the Guidebook to Pennsylvania State Taxes is regarded as the number one source for practical and concise explanation of Pennsylvania personal, corporate income, and other taxes. The Guidebook is designed as a quick reference work, presenting succinct discussions of state and local taxes, giving a general picture of the state tax laws and regulations, and highlighting the significant cases and administrative rulings. This annual publication is useful to tax practitioners, in-state and multistate businesspersons, and those who are obligated to file Pennsylvania returns or are required to deal with Pennsylvania taxes from a planning or compliance perspective. It presents practical coverage of the array of Pennsylvania taxes, including:
- personal income tax
- sales and use tax
- corporate net income tax
- capital stock and franchise tax
- taxes on financial institutions
- miscellaneous business taxes, fees and reports
- unemployment compensation insurance tax
- inheritance and estate tax
- personal property tax
- Philadelphia City and School District taxes
- Pittsburgh City and School District Taxes
The Guidebook explains the background and operation of each tax, and gives a plethora of examples, hints, cautions, planning pointers, and answers to commonly encountered real-life problems to help practitioners solve their everyday Pennsylvania tax problems.
For the user's convenience in determining what is new in the Pennsylvania tax law, a special Highlights of Tax Changes section is included to provide at-a-glance awareness of key recent developments in the law. While this handbook focuses on the law applicable to the filing of income tax returns in 2021 for the 2020 tax year, legislative changes effective after 2020 are also noted with an indication of the effective date to avoid confusion and to assist in future tax planning. Helpful references to both the Pennsylvania and related federal provisions are provided throughout for those who wish to more fully examine explanations and text of the applicable law. Also, detailed Tables of Contents, Law and Regulations Finding Lists, a Topical Index, and an organized presentation of the content combine to make pinpointing critical information quick and easy. Detailed references to specific paragraphs in the comprehensive CCH Pennsylvania Tax Reports subscription service are also provided throughout the Guidebook to assist users in further, more comprehensive tax research and tax planning.