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PA businesses can receive a 75% to 90% tax credit for contributions to educational improvement organizations

If you are a business in PA, you might consider a contribution to an approved Educational Improvement Organizations. If you are a qualified business, you can received a PA tax credit of 75% of your contribution (90% if same contribution for two years). You need to make sure you meet the requirements (i.e. provide proof

By |2024-07-11T18:50:07+00:00September 2nd, 2024|Categories: Business|Tags: , , , , , , , , |

More and more States adding a Pass Through Entity Level tax

Since Connecticut enacted the first Pass Through Entity (PTE) tax in April 2018, more States have enacted or proposed this tax tool. It was around 14 in June 2021, around 30 in January 2023 and at the date of this article is 36 States and one localty (NYC) according to the AICPA listing (link below).

By |2023-08-07T17:26:49+00:00August 10th, 2023|Categories: Business, Individuals|Tags: , , , , , , , , , , , |
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