What is this tax CREDIT and what's in it for me?

    FAQ

What does my accountant need to know?

    How the PA Dept. of Revenue Implements the EITC

    Samples MEMO - EITC computations for Business firms.

Where do I sign?

    Simple one-page form (.pdf file)

Send the Completed form to:
Tax Credit Division
4th Floor
Commonwealth Keystone Building
400 North Street,
Harrisburg, Pa., 17120

Our Premise Is That Education Is Important

Education has a value impact on your business...

Educated employees produce more and cost less in both training budgets and cost of recruiting. They create higher quality and found opportunity. Educated customers are essential too. Education is the primary driver for economic success. It uplifts our well being both individually and severally.

1 Problem - Grades & attendance have gone down for 30 years.

Despite three decades of educational reform, nearly 70% of low-income 4th graders in the U.S. cannot read at a basic level. Despite billions added into the existing system, critical parts of our education system are still failing children. Literally.

• Options for improvement are being limited rather than broadened.
• Financial support does not exist for any alternative.
• Parental involvement is inhibited rather than encouraged.

The consensus is we can do better. The fact is we have done better before.

 

2 Things cause improvement - Access and Opportunity.

The free market process delivers improvement maturity.

Create the opportunity to try and keep trying. Watch what happens - keep what works. It sounds simple because it is simple. Change from a bad situation to a good one and results go from bad to good! We create access to better educational opportunities.

• ANY school, whether it's a public, parochial or non-public school is suddenly within reach.
• Our scholarship is a 3-year commitment to directly pay 80% of the tuition balance to educate each child up to 12th grade, up to $5,000 per year.
• Parents make the difference and stay involved with their child's progress. Homework gets done and kids are at school to hand it in.

The things that happen because of the opportunities are the improvements.

 

3 Words - It's NOT Charity

(Our whole Business Case)

It's tax CREDIT. You help your community & you get CREDIT.
Pennsylvania is now giving businesses their State tax money back for helping to fix the problem. Combined with deductions it gives you more than $9 for every $10 you invest in the children, up to $222,222. It's more than a 90% CREDIT, it's the law and it's first come first served.

• Immediately win enormous good will from your community, your employees and your customers, for helping their children.
• This isn't just some minority. They are kids on the bottom who cost us money. They become adults on the bottom who cost us money.
• The tax CREDIT changes all this from "charity" into active community reinvestment. It puts you back in control of your money.

Instead of just another tax check to Harrisburg, invest in your community. Today. Now.

Bottom Line - Get Tax CREDIT!

Let's not allow ourselves to backslide into a Third World economic power. Restore the American education that set the standard. You don't really want to keep your tax liability, do you?