Visit our COVID-19 Resource page which includes links to documents and announcements that will assist you and your clients.  For the most up to date information please Subscribe to our email discussion group, the PSTAP Listserv.   While the physical location of the PSTAP Executive Office is closed, PSTAP staff is working remotely and available should you need assistance at 1-800-270-3352 or via email at info@pstap.org.  
Pa Society of Tax _ Accounting Professionals Image
Pa Society of Tax _ Accounting Professionals Image

intouch
KEEPING YOU INFORMED  in brief & in demand

This issue of  PSTAPinTouch was prepared for 
Email Address:  

Dear   

We are all in this together and we are here to support you.  Whether you are looking for ongoing guidance and information, specific CPE topics and updates, to feel a sense of community among other practitioners or something else, we want to know what we can do for you as you navigate the coming weeks and months.             SEND US AN EMAIL and let us know.

We continue to monitor the situation and are working to provide answers to your most pressing questions.  At the top of this list is UC eligibility for shareholder employees of S & C corporations whose businesses have been shut down under government order.  We have been told that PAUC will provide additional guidance this week to self-employed persons, independent contractors and gig workers about how to apply for the UC benefits that they are administering for the feds under the CARES Act.  However, it is not known if shareholder-employees will also be eligible for these benefits.

YOUR ACTION IS NEEDED.  Help us ensure that shareholder employees of S&C corporations will meet the UC eligibility requirements provided for in the CARES Act by sending a short email  to your elected House and Senate member.  

Please understand that we have not been told that these individuals will not qualify, but we have also not been told that they will despite our ongoing requests for information.  At this point we need to confirm that they are a part of the discussion.

Use the links below to send an email through the Commonwealth's portal.  Simply find your legislator and click on the email icon adjacent to his/her name.  Be sure to include your full name, your home and business address and your email address.  You can copy and paste all or part of the information provided below into your email or you can compose your own email.




EMAIL INFORMATION RE:  S&C Corp Shareholders

Dear Honorable  _______________:

I reside in your district and my accounting practice is in  _____________ (if different).  It is my understanding that PAUC will soon  provide an application process through which self-employed individuals, independent contractors and gig workers can apply for unemployment compensation benefits.  

 I am reaching out to you today on behalf of many of my small business clients to ensure that another group, shareholder-employees of S&C corporations are not forgotten and also meet the eligibility requirements for UC benefits.  These individuals are on the company payroll and have paid UC taxes, but under normal circumstances they only qualify for UC benefits in the case of involuntary bankruptcy.  To date, PAUC has not provided any information as to the eligibility of these individuals.  Please don't let them be forgotten; many of them have been forced to close by government order and as a result have no income at all.

Thank you for your help.  If you have any questions or if you would like to discuss this further, please contact me.

YOUR NAME


Monday April 6, 2020 - 12:30-1:30 PM
SPEAKER:  Timothy J. Sundstrom, CPA
CPE:  1 Hour
Fee:  $20

Long time Gear Up (Thomson Reuters) speaker presents guidance to the SBA loan program with late-breaking information. Read more about the webinar or register at the link above.


Wednesday, April 8, 2020 - 12:30 -1:30 PM
SPEAKER:  Christina M. Reger, Esq. of Law Offices of Christina Reger, LLC
CPE:  1 Hour
Fee:  $20

Tina handles litigation and counseling matters related to labor and employment for corporate, entrepreneurial and start up enterprises.  She will provide important guidance on the Families First Coronavirus Response Act as it pertains to small business.


GET ON THE LIST!
For the most up to date information in a world that is changing by the minute, please subscribe to the  PSTAP Email Discussion Group (Listserv) .  As we navigate the coming weeks we will continue as we have been to post all updates to our valued members through the  Listserv.  This is a free member resource that you can't afford to be without.  Once subscribed, you will be able to review the entire discussion archive. 




BPT-MT Spreadsheet of Due Dates
Due Dates for Business Privilege Tax & Mercantile Tax for local taxing authorities .  This spreadsheet will be updated as we receive new information.  If you can confirm any of the missing due date information, please  Email it to Us.  PSTAP is working in conjunction with PICPA to provide this information.




PA DOR:  Extenstion of Filing Deadline Applies to Trusts/Estates/Partnerships an S Corporations



Pa Society of Tax & Accounting Professionals
800-270-3352
info @pstap.org