Tax Credit

Did you know you can write your business tax check to EARLY CONNECTIONS?

Hundreds of Pennsylvania businesses annually participate in Pennsylvania’s highly innovative and successful Educational Improvement Tax Credit (EITC) program by donating to approved local organizations like Early Connections. In return, the EITC program provides companies with tax credits for donations to a Pre-Kindergarten scholarship organization.

Early Connections is fully qualified and approved to participate in the Pre-K scholarship program. All Pre-K tax credit contributions to Early Connections will be used to subsidize the tuition expenses of pre-kindergarten children of low-income, working families.

Tax credits may be applied against the business tax liability, equal to 75 percent of its contribution up to a maximum of $750,000 per taxable year. This can be increased to 90 percent of the contribution, if business agrees to provide same amount for two consecutive tax years. For contributions to Pre-Kindergarten Scholarship Organizations, a business may receive a tax credit equal to 100 percent of the first $10,000 contributed and up to 90 percent of the remaining amount contributed up to a maximum credit of $200,000 annually.

These tax credits are awarded on a first come – first served basis, so timing is essential.

For more information contact:
Nancy A. Kalista, Executive Director
EARLY CONNECTIONS INC.
200 W. 11th Street
Suite 200
Erie Pa 16501
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nkalista@earlyconnectionserie.org
814-874-0144 Ext. 14