SharePoint
Chapters

Pennsylvania Chapter

Chapter President

Kathryn Bowman, EA
64 Crestview Drive
Lebanon, PA 17042-7917

717.273.2742 Phone
717.507.2742 Fax

  
  
Publications for saleYes
  
Picture Placeholder: Thomas P Maher, RTRP
  • Thomas P Maher, RTRP
310/21/2014 2:30 PM

With a SMLLC (a non Sub S Corp) the IRS and PA require only a Schedule C for the personal income tax however PA also requires aa Corporate Tax Return, the RCT-101 which needs to be filed regarding the Capital Stock/Franchise tax.   

Looking for someone with experience in filing the RCT-101 electronically.  I found ProSeries to be much less than user friendly.  I would appreciate any comments on this filing topic.


Tom Maher, RTRP

Harrisburg, PA

Kenneth Lahner, CPA11/12/2014 12:01 PMNo
  
Picture Placeholder: Christy Lynn Swoboda
  • Christy Lynn Swoboda
110/30/2014 9:38 AM

​I am trying to find out if the Pennsylvania Chapter will be offering an Introduction to Tax Prep course for this upcoming tax season.  I am a member from WV and we do not have a chapter, the class Ohio's chapter is offering is 4hours away.  Was hoping PA was going to have a class that might be held in the western part of the state around Pittsburgh.  Anyone able to provide me with this info?

Thanks,  Christy Swoboda

My email is christy.swoboda@abrahamcompanypllc.com

Kathryn A Bowman, EA11/2/2014 12:41 PMNo
  
Picture Placeholder: Randy B Messinger, CQA
  • Randy B Messinger, CQA
210/12/2014 8:20 PM

​Hi,

I am an NATP member in CT and have been asked to do a PA return. The state instructions are confusing.

Are 401, 403B or IRA withdrawals taxable on PA state personal income tax?

Before turning 59 1/2?

After turning 59 1/2, but still working?

If they are NOT taxable, how & where do I get them out of gross income?

Thanks! Trying to finish before extension expires!

Randy

Randy B Messinger, CQA10/14/2014 3:43 PMNo
  
Picture Placeholder: Kenneth Portera, EA, ATP
  • Kenneth Portera, EA, ATP
04/25/2014 5:20 PM

I have a client who purchased rental RE in 2013 under his name. We are recording rental income and expenses on Sch E. he is not a RE professional. 

In early 2014 he felt the need to form a LLC to protect his personal assets. 

Just recently he contacted his attorney to have him move the property into the LLC. To our surprise a RE transfer tax based upon the value of the property was so excess that the establishment of the LLC now has little meaning. 

I recall reading somewhere that if the conveyance of property is transferred without any monetary consideration the transfer tax is not imposed. 

Just trying to get a better handle on this so we can move forward in using the LLC as intended.  ​

4/25/2014 5:20 PMNo
  
Picture Placeholder: Purvi Gandhi, EA
  • Purvi Gandhi, EA
04/16/2014 11:26 AM
4/16/2014 11:26 AMNo
  
Picture Placeholder: Helen J Richardson, EA
  • Helen J Richardson, EA
13/22/2014 7:23 AM

​Is there a reason that the Defense Finance  only witholds 1% not  3.4% ?  W2 shows city tax of 735.00 on 73350  city tax w/h .  This would be in Scranton. Thank you HJ


Patti S Blum4/7/2014 3:31 PMNo
  
Picture Placeholder: Jo Ann Mensinger, RTRP
  • Jo Ann Mensinger, RTRP
13/14/2014 2:58 PM

​Client sold stock in 2013.  The 1099-B has 170 entries of stock sales. Does PA accept a copy of the 1099-B in lieu of putting all the entries on the Schedule D?  The Schedule D does show statement attached along with the sales prices, cost basis and gain.

Thank you for your assistance!

JoAnn Mensinger, RTRP

Carolyn J McGlinn, RTRP3/16/2014 5:22 PMNo
  
Picture: Megan Sonicksen
  • Megan Sonicksen
012/6/2013 10:35 AM

​With tax season fast approaching, remember your Chapter discussion board can be a great resource for state and local tax issues as well as utilizing the state tax volunteers.


http://www.natptax.com/TaxKnowledgeCenter/Pages/StateTaxVolunteers.aspx

Megan Sonicksen, NATP Tax Communications​
12/6/2013 10:35 AMNo
  
Picture Placeholder: Megan Sonicksen
  • Megan Sonicksen
09/30/2013 8:56 AM

​Please use this discussion board for discussions specifically relating to the Chapter, state or local tax discussions.

For general discussion items relating to business management, federal tax or education, please use the discussion board located under Member Center>Community.

9/30/2013 8:56 AMNo

NATP Login

Email or Member ID:

Password:

PO Box 8002, Appleton, WI 54912-8002 Phone: 800.558.3402 Fax: 800.747.0001

eweb keepalive image