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Tax credits

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

Greater Philadelphia Film Office
Regional

Greater Philadelphia Film Office Pushes for Increased Film Tax Credits

July 17, 2024July 17, 2024 - by Maryann Pugh

PHILADELPHIA, PA — The Greater Philadelphia Film Office (GPFO) is doubling down on its efforts to advocate for increased funding in the Pennsylvania Film Tax Credit program. The recently passed …

Greater Philadelphia Film Office Pushes for Increased Film Tax Credits Read More
Dave McCormick
Pennsylvania

Dave McCormick Unveils Pro-Family Policy Agenda in Delaware County

June 27, 2024June 27, 2024 - by Maryann Pugh

SPRINGFIELD, PA — On Wednesday, Dave McCormick introduced Part Four of his Keystone Agenda to Reclaim America at an event in Delaware County. The comprehensive plan aims to address the …

Dave McCormick Unveils Pro-Family Policy Agenda in Delaware County Read More
Farm
Government / Pennsylvania

Pennsylvania Lawmaker Proposes Expansion of Tax Credit Program for New Farmers

June 14, 2024June 14, 2024 - by Maryann Pugh

HARRISBURG, PA — State Representative Paul Friel introduced a bill this week to revamp and expand Pennsylvania’s Beginning Farmer Tax Credit Program. The proposed changes aim to attract and retain …

Pennsylvania Lawmaker Proposes Expansion of Tax Credit Program for New Farmers Read More

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