Uncategorized
Entity Filing Fees Waived for Veteran-Owned or Reservist-Owned Small Businesses
When forming a Pennsylvania entity, the submission of formation paperwork and payment of a filing fee are just a couple of necessary steps. Entity types include for-profit corporations, nonprofit corporations, limited liability companies and more. The filing fee will vary by entity type. In early January 2017, a waiver of… Continue
Solicitation of Funds for Charitable Purposes Act Update
Pennsylvania’s Solicitation of Funds for Charitable Purposes Act (“Charitable Purposes Act”) has long required registration of charitable organizations with the Pennsylvania Department of State’s Bureau of Corporations and Charitable Organizations (the “Bureau”). New amendments to that act will begin to impact charitable organizations effective as of February 20, 2018, most… Continue
Child Protection News
Pennsylvania’s Child Protective Services Law (CPSL) requires that paid and unpaid persons who work directly with children undergo two state background checks (the Pennsylvania Child Abuse History Clearance and the Pennsylvania State Police Criminal Check) and an FBI Criminal Background Check. Only volunteers who meet certain requirements qualify for a… Continue
The Likely Effects of the Tax Cuts and Jobs Act
After several iterations and no shortage of political posturing, the Tax Cuts and Jobs Act has been passed by both houses of Congress. All that remains for the bill to become law is the President’s signature. The expectation was that President Trump would sign the bill before year-end, but that… Continue
New Tax Law Affecting Partnerships and LLCs
In 2015, a fundamental change was made to the law dealing with IRS audit procedures for partnerships and multi-member LLCs that are taxed as partnerships. This new law is slated to go into effect on January 1, 2018, and will have a significant impact on partners and partnerships. Under the… Continue
Summary of the Tax Cuts and Jobs Act
On November 2, the House of Representatives released its long-awaited tax bill, referred to as the Tax Cuts and Jobs Act. After debate in the House Ways and Means Committee, scheduled for this week, the authors of the bill hope that the full House will pass the bill by November… Continue
Inflation Adjustments for Tax Benefits in 2018
The Internal Revenue Service just released the annual inflation adjustments for 2018 for changes in tax rate schedules, various tax-related benefits, and limitations on benefits and contributions for qualified retirement plans. Several of the changes that affect a broad spectrum of taxpayers include the following: The standard deduction for married… Continue
Reinstating Tax-Exempt Status for Nonprofits
In recent years, many nonprofit organizations have made the regrettable discovery that their tax-exempt status has been automatically revoked by the IRS. The loss of exempt status creates several undesirable results that may be compounded by the fact that the discovery of the revocation often does not occur until several… Continue
Lancaster and Ardmore Zoning and Land Use Attorneys
Are you planning to operate a business out of your home? Applying for a permit to build an equipment garage? Worried about storm water runoff from the new housing development next door? Opposed to the big-box store threatening to move in? Attorneys in GKH’s Zoning and Land Use practice area… Continue
Pennsylvania ABLE Savings Program To Launch on April 3
On April 3, 2017, Pennsylvania’s state treasury will launch the PA ABLE ( Achieving a Better Life Experience) Savings Program. Until now, Pennsylvanians who wanted to open an ABLE account had to do so in another state. Under Pennsylvania’s new ABLE program, an individual with a disability which occurred before… Continue