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Peoples Security Bank & Trust donates $1.3M through EITC program
Peoples Security Bank & Trust, which has branches throughout the Lehigh Valley and Central Pennsylvania, said it contributed over $1.3 million in 2024 through the Pennsylvania Educational Improvement Tax Credit program (EITC.)
Volunteer Center program to qualify for business tax credit program
The Volunteer Center of the Lehigh Valley said that it has been approved by the Pennsylvania Department of Community and Economic Development as an Educational Improvement Organization (EIO) eligible to receive Educational Improvement Tax Credits (EITC) for their YLEAD summer youth leadership program.
Pa. legislature votes for EITC compromise plan after governor veto
A plan to increase Pennsylvania’s Education Improvement Tax Credit program, which allows corporations to take tax deductions for up to 90 percent of approved donations to non-profit educational programs and scholarships is getting a second chance, at least on a smaller scale.
After veto, tax-credit backers hope for compromise
Many Pennsylvania companies tap into the tax-credit program, often known by the acronym EITC. It was enacted under former Gov. Tom Ridge.
Wolf vetoes educational tax credit program expansion
Pennsylvania Gov. Tom Wolf has vetoed a bill to expand a tax-credit program popular with many corporations.
