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Electronic Newsletter of the PSTAP Continue Reading

PSTAP is pleased to once again partner with the PA Department of Revenue to provide this worthwhile course to practitioners across the state. The best update for practitioners on PA tax law including corporate tax, sales and use tax, inheritance tax, tax credits and personal income tax. Continue Reading

There were quite a few updates with tax and finance related bills: HB 2536 (Sappey) - Amends the Pennsylvania Constitution to make it possible for other counties beyond Philadelphia and Allegheny Counties to create Longtime Owner-Occupant Programs (LOOPs). The Longtime Owner-Occupant Program... Continue Reading

The House Finance Committee held a voting meeting today, 10/1 at 9:30 am, where they considered four bills: 1. HB 1994 – sponsored by Rep. Tim Briggs (D), passed the House Finance Committee by a vote of 25-0. This bill reforms the Board of Finance and Revenue so they can consider late... Continue Reading

Pennsylvania is a welcoming environment for small businesses. CPAs and accountants in the state have so much to offer small businesses to help them survive and grow. Sometimes entrepreneurs try to cut corners and don’t realize how they may actually be costing themselves money or setting... Continue Reading

Now is the time for Pennsylvania accountants and CPAs to reach out to their clients about the steps they can take to reduce their taxes for the year. Strategies differ between individuals and businesses, but both have opportunities to save. By reaching out to them ahead of time to develop an... Continue Reading

There are both advantages and disadvantages when Pennsylvania accounting and CPA firms merge. At PSTAP, our broad member base offers many opportunities to meet other outstanding professionals with whom a merger would be beneficial. Before taking the step, you should ask yourself a number of key... Continue Reading

Referral partners. Strategic partnerships. Power partners. These are a few of the terms used to define the same idea – developing supportive relationships with other professionals that are mutually beneficial to the growth of your businesses. Creating a strategic alliance with another... Continue Reading

Governor Shapiro signed the budget on July 11, 2024. The total General Fund spend of the budget is $47.6 billion for Fiscal Year 2024-25, representing a six percent increase in state spending over last year. Continue Reading

For accountants to retain their best clients and attract new ones, they need to demonstrate that they value their clients and are focused on their best interests. Continue Reading

The success of your PA accounting firm depends on excellent accounting staff. So how do you ensure long-term retention of quality staff? Keep them happy! Continue Reading

Coaching is a booming industry in Pennsylvania and a great niche for PA accountants and CPAs. Tap into this broad industry and you’ll be working with some of the most hard-working and intelligent clients you can find. Continue Reading