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Tax credits

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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