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Capital Thinking Update - June 11, 2012

General Legislative The House is not scheduled to be in session next week. The Senate will convene at 2:00 p.m. on Monday to resume consideration of the motion to proceed to S.3240, the Farm bill, post-cloture. ...more

Bad Debts are Deductible for Pennsylvania Gross Receipts Tax Purposes - Provided Proper Documentation is Available

The Pennsylvania Department of Revenue recently issued Corporation Tax Bulletin 2011-02. The Bulletin provides some general guidance on the accounting method that must be used for computing the gross receipt taxes that...more

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