EITC-The Educational Improvement Tax Credit Program (EITC) is an opportunity for businesses to direct their tax funds toward the private education of Pennsylvania’s students. Not only does this improve a student’s chance to receive an education at a school of their choice, but it also results in a tax credit for the business involved and the money stays in the community.
This program offered by the State of Pennsylvania provides a win-win benefit to those businesses that qualify. A business may receive a tax credit equal to 75% of its contribution up to a maximum of $750,000 per taxable year and can be increased to 90% of the contribution, if a business agrees to provide the same amount for two consecutive tax years.
Please contact the school for more information and to see if your business qualifies for this beneficial program.