Fairman Group Explains Educational Tax Credits Benefits
A tax credit is a wonderful thing because it lowers your tax bill, dollar for dollar. What could be even better? Lowering your tax bill and having the money go towards the noble cause of education.
Pennsylvania offers two educational tax credits as a means for providing families alternatives to their neighborhood public schools. The Educational Improvement Tax Credit (EITC) is a tax credit for contributions to a qualified Scholarship Organization, Educational Improvement Organization or Pre-Kindergarten Scholarship Organization.