Aug 6, 2020
Today, we are welcoming Sarah Spishock of the PA Dept. of Community and Economic Development to overview key information when applying for the Keystone Innovation Zone (KIZ) Tax Credit. Sarah will review tax credit eligibility requirements, what your company should know before applying, how to complete the application, any changes to the application from previous years, and what happens after the September 15 deadline. The KIZ is an incentive program that provides tax credits to for-profit companies less than eight years old operating within specific targeted industries within the boundaries of a KIZ. With a total pool of up to $15 million in tax credits available to KIZ companies annually, the KIZ tax credit program significantly contributes to the ability of young KIZ companies to transition through the stages of growth.