Jennifer W Karpchuk

August 02, 2024 | The Legal Intelligencer

On July 11, Gov. Josh Shapiro signed into law a $47.6 billion budget for the 2024-2025 fiscal year. Along with investments in education, transportation, and development projects, the budget includes significant tax reform.

By Jennifer W. Karpchuk, Thu N. Lam and Olivia Y. Klein

4 minute read

April 02, 2024 | The Legal Intelligencer

If Pennsylvania legalizes and taxes medical marijuana, what are its options? Shapiro proposed a 20% tax on the wholesale price of cannabis. The states that have legalized and are taxing marijuana have taken varied approaches, yet they fall into three general categories of excise taxes: percentage-of-price taxes; weight-based taxes; and potency-based taxes.

By Jennifer W. Karpchuk

4 minute read

March 30, 2023 | The Legal Intelligencer

Gov. Josh Shapiro announced his first budget proposal earlier this month, including a handful of tax-related provisions. Meanwhile, Mayor Jim Kenney announced his last budget proposal as mayor of the city of Philadelphia.

By Jennifer W. Karpchuk

4 minute read

December 22, 2022 | The Legal Intelligencer

Pennsylvania still presents a somewhat complicated landscape for IRC Section 1031 like-kind exchanges. However, it has moved in the right direction in conforming to the federal tax treatment for such exchanges.

By Jennifer W. Karpchuk

4 minute read

August 03, 2022 | The Legal Intelligencer

On July 8, after years of attempted tax cuts, the Pennsylvania legislature finally adopted a change to Pennsylvania's corporate net income tax (CNIT) and adopted other provisions targeted at reaching out-of-state companies doing business in the Keystone State. See H.B. 1342. This article will discuss the top three corporate tax takeaways from the new bill.

By Jennifer W. Karpchuk

4 minute read

June 02, 2022 | The Legal Intelligencer

The increase in property values is estimated to result in the city bringing in additional tax revenue of $92 million during fiscal year 2023. What is good news for the city, may be unwelcomed news to those property owners whose values increased sharply.

By Jennifer W. Karpchuk

3 minute read

August 05, 2021 | The Legal Intelligencer

    When real estate taxes are delinquent, a tax claim bureau may be required to satisfy the delinquent taxes by selling the underlying…

By Jennifer W. Karpchuk

3 minute read

June 03, 2021 | The Legal Intelligencer

For employers that continue to maintain a remote workforce, there could be implications for the employer on both the state and local tax front. Below are a few of the tax implications employers should consider.

By Jennifer W. Karpchuk

5 minute read

April 22, 2021 | The Legal Intelligencer

As tax time approaches, in light of COVID-19, there are a few unique issues that Pennsylvania taxpayers should be aware of when filing their returns. Below are five tips to keep in mind for the coming month.

By Jennifer W. Karpchuk

4 minute read

April 09, 2021 | The Legal Intelligencer

Emphasizing diversity and inclusion promotes the consideration of candidates based on their potential benefit to the firm, rather than the natural trend of choosing individuals most like those already working at the firm.

By Jennifer W. Karpchuk and Alissa Gipson

8 minute read