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SALT Blawg – State and Local Tax Blog
State and Local Tax ("SALT") blog issues require state and local tax knowledge. Chamberlain Hrdlicka's SALT Blawg (SALT Blog) provides exactly that knowledge with news updates and commentary about state and local tax issues.
You can expect to find relevant information about topics such as income (corporate and personal) tax, franchise tax, sales and use tax, property (real and personal) tax, fuel tax, capital stock tax, bank tax, gross receipts tax and withholding tax. SALT Blawg, offers tax talk for tax pros … in your neighborhood.
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- Posts by Olivia Y. Klein
AssociateOlivia Klein is an associate in the Tax Controversy section. Her practice focuses primarily on Federal and State and Local Tax.
During her time in law school, Olivia worked as a Clinic Intern for the Federal Tax Clinic at Villanova Law ...
On July 11, 2024, Governor Josh Shapiro signed into law a $47.6 billion budget for the 2024-2025 fiscal year. The new budget includes significant tax reform in an attempt to address some of the financial issues facing Pennsylvania residents and businesses.
First, the budget includes some important, business-friendly changes. The Net Operating Loss (“NOL”) deduction limitation will increase by 10% over four years. For tax year 2024, the NOL carryforward deduction is limited to 40% of a corporation’s taxable income. However, beginning January 1, 2026, the NOL deduction ...