The Lead

Pa. businesses receive extended deadline on state corporate taxes

By: - April 22, 2021 3:15 pm

Photo by pxHere.com

In an effort to mirror the federal tax deadline of May 17, Gov. Tom Wolf signed a bill Thursday to move Pennsylvania’s corporate tax deadline to match the mid-May due date observed for federal and state personal income taxes. 

On Thursday, Wolf signed HB 766, sponsored by state Rep. Keith Greiner, R-Lancaster, which shifts the commonwealth’s corporate tax deadline. It also allows state agencies such as the Department of Revenue and the Department of Community and Economic Development to work with local governments to extend filing and payment deadlines. 

“This bill helps Pennsylvania businesses organize and simplify filing their federal and state taxes and empowers the departments of Revenue and Community and Economic Development to eliminate fines and penalties that may have accrued between differing deadlines for filing federal and state taxes,” Wolf said in a statement. 

In March, Wolf announced that the state personal income tax deadline would move to align with the federal due date of May 17, a measure deemed necessary while the COVID-19 disaster declaration is still in effect. 

Wolf administration officials confirmed that the bill took effect immediately upon signing.

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Cassie Miller
Cassie Miller

A native Pennsylvanian, Cassie Miller worked for various publications across the Midstate before joining the team at the Pennsylvania Capital-Star. In her previous roles, she has covered everything from local sports to the financial services industry. Miller has an extensive background in magazine writing, editing and design. She is a graduate of Penn State University where she served as the campus newspaper’s photo editor. She is currently pursuing her master’s degree in professional journalism at the University of Nebraska-Lincoln. In addition to her role at the Capital-Star, Miller enjoys working on her independent zines, Dead Air and Infrared. Follow her on Twitter: @Wordsby_CassieM.

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