Tax credits for local businesses available
Loyalsock Foundation is once again reaching out to local businesses to participate in the state Department of Community and Economic Development Neighborhood Assistance Tax Credit Program. “The goal of this program is to bring together businesses and non-profit organizations to benefit local communities,” a news release said. This program is available to any corporation, LLC, and subchapter S corporation that may want to direct their tax dollars to a nonprofit to benefit the community while simultaneously receiving a tax credit. Participating businesses may receive a 90% tax ...