News & Insights

Blog: Five Power Ratios to Start Tracking Now
Baseball’s leadoff batters measure their “on-base percentage” – the number of times they get on base – as a percentage of the number of times they get the chance to try. In hospitals, staff-to-patient…
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PA’s Child and Dependent Care Enhancement Tax Credit Expanded for 2023
Last year, the Child and Dependent Care Enhancement Tax Credit delivered critical relief to roughly 210,000 families in Pennsylvania. Research has shown that a similar tax credit on the federal level…
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Blog: Are your Clients too Dependent on You?
Do your clients require your personal involvement in their accounts? When clients become excessively dependent on the owner, the business may encounter several setbacks. These include limited scalability…
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PA Non-Profits Have Online Filing Option for Sales Tax Exemption
Non-profits, such as charitable and volunteer organizations, can now apply for and renew a Pennsylvania sales tax exemption. The Department of Revenue launched this online application on myPATH in late…
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New Guidelines for Philadelphia Non-Resident Wage Refunds
Philadelphia has updated its guidelines for non-resident Wage Tax refunds which apply to tax years 2023 and beyond. The Wage Tax applies to all earnings made in Philadelphia, including salaries, wages…
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Blog: 5 Ways to Get your Business to Thrive Without You
Some business owners emphasize maximizing profits, while others concentrate on achieving sales targets. Have you ever contemplated prioritizing the establishment of your business in a way that enables…
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Wide Ranging Tax Bill Approved
On January 19, 2024, the House Ways and Means Committee overwhelmingly approved the Tax Relief for American Families and Workers Act of 2024 by a 40-3 vote. The bill provides for increases in the child…
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Kicking off 2024 with The Value Builder System™
When it comes to growing, protecting, and realizing the value of your business, do you know where to start? Haefele Flanagan is kicking off 2024 with The Value Builder System™, to provide relevant business…
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4th Quarter Estimates due January 16, 2024
The Internal Revenue Service reminds taxpayers who pay estimated taxes that they have until January 16th to make their payment for the 4th quarter of tax year 2023 without penalty. Who needs to make a…
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New Voluntary Disclosure Program for Employers who Received Questionable Employee Retention Credits
The Internal Revenue Service launched a new Voluntary Disclosure Program to help businesses who want to pay back the money they received after filing ERC claims in error. The special disclosure program…
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