BUSINESS EXPERTise: Finance/Tax
Pennsylvania Chamber of Business & Industry: Catalyst
Q: For businesses, what are the key changes in Pennsylvania taxes that became effective Jan. 1, 2014?
A: Though most of the changes in the Commonwealth’s state tax laws that are effective in 2014 are entity- or industry-specific, almost every business in Pennsylvania will be impacted. Unless otherwise indicated, the following changes are effective for tax years beginning after December 31, 2013.