Pennsylvania’s Educational Improvement Tax Credit provides direct tax credit of 91% to 102% for business gifts up to $300,000 per year. In effect, a business can redirect its tax dollars, with no net cost, to benefit children and education.
Eligible entities include LLCs & LLPs, Corporations, S-Corporations, and Partnerships; eligible taxes include PA Corporate Net Income, PA Personal Income, Insurance Premiums, Bank & Trust Shares, and PA Capital Stock & Franchise.
If your business or partnership is paying any of these state taxes, call us today at 717-564-6700 for more information and a tax credit application form, or email jim@circleschool.org
The Circle School is an approved Scholarship Organization participating in the Pennsylvania Educational Improvement Tax Credit program.