New Annual Reporting Requirement for Pennsylvania
Starting this year, all businesses and nonprofits registered in Pennsylvania must submit an annual report to the Department of State. This new requirement replaces the previous decennial filing [...]
Payroll Updates for 2025
EMPLOYEE & EMPLOYER WITHHOLDINGS & LIMITATIONS FOR 2025 SOCIAL SECURITY Rate for both the employee and employer stays the same at 6.2%. The wage base increases from $168,600 to $176,100. [...]
Understanding Form 1099: Who Needs It and Why
When it comes to tax season, many of us are familiar with the W-2 form, but what about the lesser-known Form 1099? Form 1099 serves a critical role in the world of taxes, and understanding why [...]
Simon Lever Celebrates the Distinguished Career and Legacy of Marlin Benedict
Imagine a resume that lists just one company for nearly 50 years – does it seem like a relic from another generation, or does it resonate with you? Consider the challenges faced, the [...]
PA Department of State Mailing to Limited Partnerships
March 21, 2023 | Businesses organized as limited partnerships (LPs) may have recently received a postcard from the PA Department of State (DOS) indicating they have a registration filing to [...]
Are Donor-Advised Funds Fulfilling Their Purpose?
November 8, 2022 | Donor-advised funds (often referred to as DAFs) have become an increasingly popular vehicle for charitable giving. The number of DAFs exceeded 1 million for the first time in [...]
How Selling Your Home Affects Your Taxes
March 9, 2022 | Did you sell your home in 2021? If so, you are not alone. Millions of Americans participated in one of the hottest residential real estate markets in history. However, are you [...]