Pennsylvania Employment Incentive Payment (EIP) Tax Credit Program

Services: Pennsylvania Employment Incentive Payment (EIP) Tax Credit Program

The Pennsylvania Employment Incentive Payment (EIP) Tax Credit is available to employers throughout the State of Pennsylvania.  This credit offsets Pennsylvania state business taxes.  It does not matter where in Pennsylvania your operations are located or where your employees live.

Qualifications. Pennsylvania’s EIP program is very similar to the federal WOTC program. Your business qualifies for the EIP credits when you hire persons within any of the program’s targeted groups.  The great news is you already hire eligible employees!  Stop missing out!

How much?  During a three-year period of employment, the EIP program provides for PA state tax credit of up to $5,400 per each qualifying employee. First-year credit equals 30% of the first $9,000 in wages for a maximum first-year credit of $2,700 per employee. The credit percentage declines to 20%, then 10%, during each of the next two years of employment and then ends.

Find out more.  Please give us a call toll free at (888) 498-1114 or send an email to inquire@ZoneCentrix.com for more information.  We will gladly answer your questions and explain how to make it work for you.

Links

A Tax Credit for Pennsylvania Employers


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