Businesses Can Use Tax Money to Help Local Children on July 1st.

Tax to the Max Applications Due Friday, July 1st!

 

Stroudsburg, PA How would you like to have your business’s tax liability become a community asset? Wouldn’t it be nice to keep some of that money here locally instead of sending it to other areas of the state? Now you can help children in Monroe County without paying anything extra!

 

Businesses that pay any of the following taxes are eligible to participate in the Tax to the Max for Kids Campaign: Corporate Net Income Tax, Capital Stock Franchise Tax, Bank and Trust Company Shares Tax, Title Insurance Company Shares Tax, Insurance Premiums Tax, Mutual Thrift Institutions Tax. Also, Personal Income Tax-Subchapter S-corporations and other “pass through” entities will be able to use the credit against the shareholders, member or partners’ personal income taxes.

 

You have to pay these taxes anyway, so why not keep those funds here in Monroe County? Since 2008, businesses have contributed more than $197,000 to Pocono Alliance for Pre-K scholarships that have opened the door to academic success for 131 Monroe County children. Join the ranks of local businesses that support this program including: Vigon International, First National Community Bank, PennStar, ESSA Bank & Trust, PPL Corporation, National Penn Bank, Wind Gap Electric, Penn Security and Wealth Strategies & Management LLC.

 

Applications MUST be submitted online on July 1st to be eligible. If you would like to learn more about this opportunity to put your business’s tax dollars to work in our community and help Monroe County families, then please contact Michael Tukeva at (570) 517-3955. For more information, visit Pocono Alliance’s website at www.poconoalliance.org or on Facebook under Pocono Alliance.

Categories Current News | Tags: | Posted on June 24, 2016

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