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2018 Pennsylvania Tax Update: The State Budget, Legislation, and Multistate Tax Planning

McKonly & Asbury’s July webinar entitled “2018 Pennsylvania Tax Update: The State Budget, Legislation, and Multistate Tax Planning” took place on Thursday, July 26, 2018.

The webinar was hosted by McKonly & Asbury Senior Tax Manager and SALT Leader, Michael Eby, and Tax Supervisor, Lindsey Waltemyer.

This webinar provided an overview of the enacted 2017-2018 Pennsylvania State Budget, including a summary discussion of what tax items have been on the table for negotiation during the past few years. Other related discussions were subject to the budget being timely passed.

During the second leg of the webinar, the presenters provided a brief update on recently passed Pennsylvania tax legislation and court decisions of interest, and then looked ahead at how some of the tax legislation passing in other states may soon be coming to Pennsylvania.

Finally, Federal tax reform was a truly once-in-a-generation overhaul of the tax code and has rightly garnered most of the attention over the past few months. The presenters concluded with addressing how states, including Pennsylvania, are addressing these changes at the Federal level in their own respective tax structure.

During this webinar, attendees:

  • Gained a general understanding of what the 2018-2019 Pennsylvania State Budget (passed or pending) entails, with specific highlights of items affecting business and individual taxes.
  • Received an update on recently passed Pennsylvania tax legislation, pertinent cases, proposed legislation, and Department of Revenue publications.
  • Obtained an overview of the multi-state tax landscape and how it may affect businesses with operations outside of Pennsylvania, including the landmark Wayfair case.
  • Heard a discussion concerning how Federal tax reform is affecting state taxation across the nation, including in Pennsylvania.

This free, one hour-long webinar took place on Thursday, July 26th at 2:00 p.m. EST. One “Tax” CPE credit was available for this webinar. The level for this CPE was intermediate/overview and there were no prerequisites for this CPE. This program was a live webinar which offered attendees the opportunity to ask questions and interact with the presenters.

If you have any questions regarding the material covered in this webinar, please contact us.

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