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EBITDA, the acronym for Earnings Before Interest, Taxes, Depreciation, and Amortization, is easily calculated... Continue Reading

The PA Department of Revenue (DOR) provides answers to our questions. This presentation is classified as revenue information issued for informational purposes only for the convenience of PSTAP's members. Continue Reading

Pennsylvania accountants and CPAs will have a lot of economic markers to watch during 2024 to help their clients, especially small- and medium-sized businesses, continue to grow. Continue Reading

Pennsylvanians who invest in real estate, whether for a personal residence, rental property, or investment, need the help of a CPA to navigate the complex tax issues... Continue Reading

About a quarter of all taxpayers wait until the last two weeks before Tax Day to begin to prepare their tax returns. This can translate into a tremendous headache for Pennsylvania tax accountants and CPAs. To prevent a sudden rush of clients at the end of tax season, proactively reach out to... Continue Reading

If you are trying to grow your business here in Pennsylvania, your accountant is an invaluable partner. Your experienced, licensed accountant or CPA can assist in a multitude of ways, all of which will put your company on sound financial footing to grow successfully into the future. Continue Reading

The American tax code is extremely complicated. Many attempts have been made over the years to find a simpler method, but our economy is so large and so complex, that every attempt to simplify seemed to cause hardship for some tax paying group, and additional deductions, exemptions, or tax... Continue Reading

About half of Pennsylvania’s accountants are CPAs, or Certified Public Accountants. CPA is a more advanced certification, requiring additional education, examination, and experience. While CPAs can perform any of the accounting functions that an accountant can perform, there are certain services tha Continue Reading

Accountants in PA and throughout the United States are often targeted by hackers for the sensitive client data they possess. Data protection and cybersecurity are not optional. A data breach can not only harm your clients, it can harm your reputation and cost you financially through lawsuits, loss... Continue Reading

Artificial intelligence (AI) is being explored for the ways it can support accountants and CPAs in providing services for their clients. However, AI is also being used by individuals and businesses, who might then mistakenly think they don’t need an accountant. Pennsylvania’s financial professionals Continue Reading

Tax accountants who prepare federal tax returns have been required since 2010 to submit most returns electronically, including those completed for individuals, trusts, and estates. At PSTAP, we encourage PA accountants, CPAs, and tax preparers to use all the online opportunities the IRS offers in... Continue Reading

While individuals with high incomes can be found throughout PA, tax accountants practicing around Pennsylvania’s major cities—Philadelphia, Pittsburg, and Harrisburg—are likely to have some high-income clients. These regions, especially in the southeast, have per-capita incomes... Continue Reading