Philadelphia Wage Tax Changes July 1, 2018

July 1, 2018 marks the beginning of the new fiscal year for the City of Philadelphia and with it a reduction in the Wage Tax.

The Wage Tax affects all businesses that operate within the city as well as businesses outside of the city who hire Philadelphia residents.

Any paycheck issued with a pay date after June 30, 2018 must withhold the Philadelphia City Wage Tax at these new rates:

  • 3.8809% (.038809) for Philadelphia residents
  • 3.4567% (.034567) for non-residents

If you are a Philadelphia-based business who does not collect the Wage Tax on behalf of your employees, or if you work for a business in Philadelphia and do not have the Wage Tax collected on your behalf, you – the employee – are responsible to pay an Earnings Tax directly to the City of Philadelphia. These rates will also be lower as of July 1, 2018:

  • 3.8809% (.038809) for Philadelphia residents
  • 3.4567% (.034567) for non-residents

We are happy to answer any questions you might have regarding this or any issue related to your payroll. Call 215-723-4881 or contact us online.

Elm Terrace Gardens Technical Support Request

Computer Recycling Program

In an effort to support our environment, provide our Customers with a cost effective, easy way to dispose of their unused computer equipment and comply with local equipment disposal laws, we are announcing a new computer equipment recycling program. Here’s how it works:

At your request, we will recycle your used computer equipment for you. Computers will have their hard drives rendered inoperable (so that there is no possibility of anyone extracting data from them). We will then transport your equipment to a certified computer equipment recycling center for proper disposal.

To encourage as much participation in this program as possible, we are keeping the fee for this service to a minimum. To have your computers recycled, simply:

  1. Complete the form below, indicating the quantity of each item to be recycled
  2. Drop your equipment off at our office (along with this form), or give your equipment to one of our staff persons when they are at your office for another engagement
  3. We will send you an invoice for the service fee

Computer Equipment Recycling Program (PDF)

Canon Capital Technical Support Request

Note: Please use this form for NEW support requests only. Do not use for general correspondence or for checking the status of an existing request as this will create duplicate entries in our ticketing software.

Services: Let’s Get Started

Accounting

Our team of certified public accountants, certified management accountants, and chartered global management accountants work with you to understand your goals – personal and business.

Payroll

You didn’t start a business to run a payroll company. We stay up-to-date on the latest tax rates and payroll practices so you don’t have to. Our efficient, cost-effective payroll services allow you to continue working on your business goals.

Wealth Management

We work with business owners and personal investors to provide unbiased advice and clear expectations on investment choices.  We work with companies to develop successful retirement plans, such as 401(k) and 403(b) plans, helping employees reach their retirement goals.

Computer Solutions

We take the worry out of your computer system management. From cyber threat management to data back-up, we work with you to address your concerns and make sure your systems are working for you.

Team Canon Capital Participates in the Indian Creek Foundation 2018 Roll, Stroll & Run

On Saturday, June 16, 2018, Team Canon Capital joined the many participants in Indian Creek Foundation’s annual Roll, Stroll & Run, an event including opportunities to raise funds by running, walking, or cycling.

Canon Capital Payroll processer/tax preparer Linda Covel brought some family members along for the 5K walk while Canon Capital Wealth Management project coordinator, Brian Erkes, his wife, Janice, and son, Frank, ran in the timed 5K portion of the event, where they placed within the top 15 participants.

In addition to sending a team, we served as the event’s Volunteer Shirt Sponsor.

We are proud to support the efforts of Indian Creek Foundation, whose mission is “to provide opportunities for people with intellectual and developmental disabilities to live in and enrich the community throughout their lives.”

We’ll Soon be One Source, Many Services, the Right Decision — All Under One Roof at our New Harleysville Location

We are excited to inform you that later this year, we are looking forward to moving from our Souderton and Hatfield offices to combine under one roof at our newly-acquired Harleysville location.

We’ll keep you posted on our progress with the building renovations as we work to make it our own before settling in. Until then, we are happy to continue to serve you at our Souderton and Hatfield locations.

One Source. Many Services. The Right Decision. This is our motto, which we strive to embody each and every day as our four business units work to serve your Accounting, Computer Solutions, Payroll, and Wealth Management needs.

Client Technical Support Request

Note: Please use this form for NEW support requests only. Do not use for general correspondence or for checking the status of an existing request as this will create duplicate entries in our ticketing software.

Computer Solutions

Canon Capital Computer Solutions has put together a staff of talented, knowledgeable, and experienced technology consultants who pride themselves in providing the very best, yet sensible, solutions available for each business we work with.

Whenever your business needs help with applying technology to improve communications, boost productivity, or increase revenue, just call on our experienced staff of technology consultants.

In today’s fast paced, ever changing, Internet connected world, you can turn to us to help your business keep up with it all. You can rely on us to be there for you!