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Tax credits

Barn
Government / Pennsylvania

Empowering Future Farmers: Pennsylvania Moves to Secure Farming’s Next Generation

June 4, 2025June 4, 2025 - by Maryann Pugh

HARRISBURG, PA — The Pennsylvania House advanced legislation this week aimed at revitalizing the state’s agricultural industry by expanding the Beginning Farmer Tax Credit Program. House Bill 242, introduced by …

Empowering Future Farmers: Pennsylvania Moves to Secure Farming’s Next Generation Read More

Capitol
Government / Pennsylvania

Pennsylvania House Passes Working Pennsylvanians Tax Credit Bill

May 8, 2025May 7, 2025 - by Maryann Pugh

HARRISBURG, PA — The Pennsylvania House of Representatives has approved legislation introduced by Rep. Christina Sappey, D-Chester, designed to provide financial relief to nearly one million working residents. House Bill …

Pennsylvania House Passes Working Pennsylvanians Tax Credit Bill Read More
Family
Pennsylvania

Can You Claim Pennsylvania’s Expanded Tax Credit and Save Big for Your Family?

March 31, 2025March 31, 2025 - by Maryann Pugh

HARRISBURG, PA — With the April 15, 2025, deadline to file 2024 personal income tax returns fast approaching, the Pennsylvania Department of Revenue is urging residents to take full advantage …

Can You Claim Pennsylvania’s Expanded Tax Credit and Save Big for Your Family? Read More

House Finance Committee meeting
Pennsylvania

Public Hearing at Kennett Library Explores Working Pennsylvanians Tax Credit Proposal

March 13, 2025March 13, 2025 - by Maryann Pugh

KENNETT SQUARE, PA — A Pennsylvania House Finance Committee public hearing, held at the Kennett Library on March 12, brought together state officials, advocates, and community leaders to discuss the …

Public Hearing at Kennett Library Explores Working Pennsylvanians Tax Credit Proposal Read More
EnerSys
Regional

EnerSys Raises Earnings Guidance with Expanded Tax Credit Benefits

December 26, 2024December 23, 2024 - by Timothy Alexander

READING, PA — EnerSys (NYSE: ENS) has announced an upward adjustment in its financial outlook, driven by additional benefits from the Advanced Manufacturing Production Credit under Section 45X of the …

EnerSys Raises Earnings Guidance with Expanded Tax Credit Benefits Read More

Internal Revenue Service
National

Unlock Tax Savings While Building Your Future: Don’t Miss the Saver’s Credit Benefits

November 30, 2024November 29, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Internal Revenue Service (IRS) is emphasizing the importance of retirement savings for low- and moderate-income taxpayers by reminding them of the benefits of the Saver’s Credit. Designed …

Unlock Tax Savings While Building Your Future: Don’t Miss the Saver’s Credit Benefits Read More
Clapper board
Pennsylvania

Hollywood East: Pennsylvania’s $9.2M Film Tax Credits Ignite a Job Boom and Economic Surge!

November 17, 2024November 17, 2024 - by Maryann Pugh

HARRISBURG, PA — In a significant boost to Pennsylvania’s film industry, the Department of Community and Economic Development (DCED) has announced the allocation of $9.2 million in film tax credits. This …

Hollywood East: Pennsylvania’s $9.2M Film Tax Credits Ignite a Job Boom and Economic Surge! Read More

Internal Revenue Service (IRS)
National

IRS Announces Key Inflation Adjustments for 2025 Tax Year

October 28, 2024October 28, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Internal Revenue Service (IRS) has released the annual inflation adjustments for tax year 2025, encapsulated in Revenue Procedure 2024-40. These adjustments, impacting over 60 tax provisions, …

IRS Announces Key Inflation Adjustments for 2025 Tax Year Read More
Summer activities
National

IRS Highlights Tax Credit for Summer Day Camp Expenses

August 24, 2024August 23, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Internal Revenue Service (IRS) has issued a timely reminder to taxpayers about the potential tax benefits associated with summer day camp expenses. These expenses may qualify for …

IRS Highlights Tax Credit for Summer Day Camp Expenses Read More
Internal Revenue Service
National

IRS Issues Guidance on Carbon Sequestration Credit

July 28, 2024July 28, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Internal Revenue Service (IRS) has released Notice 2024-60 to provide initial guidance on the carbon oxide sequestration credit, which was significantly amended by the Inflation Reduction …

IRS Issues Guidance on Carbon Sequestration Credit Read More

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