Four issues were highlighted in the testimony: liquidity of assets, non-probate assets, filing of returns, and extensions for filing. Lazor detailed the present challenges and also outlined steps that could be taken to resolve the issues.
Lazor, a partner with Kronick Kalada Berdy & Company PC in Kingston, Pa., is a member of PICPA's State Taxation Committee. PICPA monitors and addresses legislative issues of interest to Pennsylvania taxpayers and advocates for a fair and equitable tax structure.
For more information about PICPA's advocacy efforts, visit www.PICPA.org/advocacy.
To set up an interview with Lazor, contact Maureen Renzi, Vice President of Communications, at firstname.lastname@example.org or (215) 972-6185.
The Pennsylvania Institute of Certified Public Accountants is a professional association of more than 20,000 CPAs who work in public accounting, industry, government, and education. Founded in 1897, PICPA is the second-oldest state CPA organization in the United States. To find a member CPA in your area, visit our website at www.picpa.org and click on Find a CPA.