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State reps propose changes to Pa. brewer tax credit system
State Rep. Ana T. Tiburcio and colleagues propose extending malt beverage tax credit carry forward to five years and allowing credit sales among Pennsylvania breweries.
The benefit of helping employees save for education, disability expenses
Pennsylvania employers can receive a 25% tax credit for matching contributions to employees' PA 529 college savings and PA ABLE disability savings accounts.
Goldman Sachs delivers policy playbook for small businesses
A new report from Goldman Sachs 10,000 Small Businesses Voices and the Bipartisan Policy Center offers a playbook to help grow the economy by tackling challenges faced by small businesses.
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.
State accepting bids for $4.5M in mixed-use development tax credits
The Pennsylvania Housing Finance Agency announced Monday that it is accepting bids for the purchase of $4.5 million in mixed-use development tax credits.
Bethlehem KIZ startups receive more than $600K in tax credits
Twelve startup businesses in Bethlehem’s KIZ Keystone Innovation Zone have managed to secure a total of nearly $612,000 in tax credits, the most the city has received since the zone was formed in 2004.
PA Chamber examines Shapiro’s strategy to rebuild workforce
Gov. Josh Shapiro's proposals to restore the state’s flagging workforce may not be looking enough at the big picture, according to the PA Chamber of Business and Industry.
PA working families to benefit from new child care tax credit
To help ease child care costs for working families, the Wolf Administration and General Assembly is investing $25 million in the new child care tax credit program.
PHFA fund to help women and minorities build affordable housing
The Pennsylvania Housing Finance Agency wants to get more women- and minority-owned businesses involved in building affordable housing and it’s creating a fund to help such businesses get started.
Bethlehem receives 5-year Enterprise Zone designation
The Pennsylvania Department of Community and Economic Development has once again awarded a 5-year Enterprise Zone Designation to the City of Bethlehem.
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.
