Learn how to support Penn Hills Charter School of Entrepreneurship and save money using the Educational Improvement Tax Credit (EITC) program.

Pennsylvania’s EITC program allows businesses to make gifts to approved charities like Advancing Youth Initiative, which is a non-profit created to support the health, welfare, and educational interests of the Penn Hills Charter School of Entrepreneurship. Donors who make gifts in this program receive a 90% Pennsylvania state income tax credit. Business donors may also deduct the gift on their federal tax return.For every $1 that a business gives, it will save the owners up to $1.30 in taxes! For an example, click here.

This program is ideal for business owners who file a Schedule C, a partnership tax return or are shareholders in a subchapter S corporation.

Jed is a director of Friends of Education. He is also a Pennsylvania tax attorney who helps businesses use EITC to support the causes that they care about and reduce their tax liabilities.