PA Educational Improvement Tax Credit Programs (EITC and OSTC)
How to get, use, and report the funds
Audience: Business Managers/CFO’s, Development Directors, Enrollment Management, Admissions and Financial Aid Directors
No cost for members
An ADVIS, PAIS, & PAISBOA Collaboration

ADVIS, PAISBOA and PAIS are partnering again to offer an important session for Business Managers/CFOs, Development Directors and Enrollment Management Directors from Pennsylvania schools to review the timelines, guidelines, and requirements for the PA Educational Tax Credit programs, and discuss the renewal reporting requirements from our schools’ perspective. Participants will learn how to get the funds, use the funds, and report and account for the funds.

Jim O’Donnell, Director, Tax Credit Division of the PA Department of Community & Economic Development, will provide a high-level overview of the Educational Improvement Tax Credit Program (EITC) and Opportunity Scholarship Tax Credit Program (OSTC) programs. 

Randy Tarpey from Central Pennsylvania Scholarship Fund, will join the conversation to discuss Special Purpose Entities (SPEs) - what they are as it pertains to Pennsylvania education tax credits, how they are used, and other frequently asked questions. 

In addition, a panel of leaders from area independent schools will provide their insights on marketing the fund availability, accessing the funds, and managing the communications, specifically as it relates to the importance of being on the same page when it comes to reporting on donations/scholarships, especially to state agencies.

Meet the Presenters: 
James L. O’Donnell, Director, Tax Credit Division, PA Department of Community & Economic Development
Jim O'Donnell is a graduate of Kutztown University with over 15 years’ of Commonwealth experience at the Dept. of Community of Economic Development particularly managing the Educational Improvement and Opportunity Scholarship Tax Credit programs. Jim served as the Tax Credit Division Director since 2012. The Tax Credit Division staff of 7 employees is responsible for administering eight separate tax credit programs totaling over $295 million in tax credit awards on an annual basis.

Randy Tarpey, CPA, Principal Owner, Sickler Tarpey & Associates
Randy Tarpey received his Bachelor’s Degree in Accounting from the Oklahoma State University. He began his career with his business partner, Harry K. Sickler, Jr. in November 1994, as a tax accountant who prepares individual and small business tax returns. He primarily works in Central Pennsylvania but also remotely in all 50 states and for many US citizens overseas.

As a Certified Public Accountant tax preparation is his professional focus including simple returns done economically and complex returns prepared properly. In addition to his tax work, Randy Tarpey has experience working with the state’s many incentive programs for small businesses, as well as assisting with tax credit sales for large companies. His biggest passion is working as a volunteer for the Central Pennsylvania Scholarship Fund, assisting donors and other charities with navigating the PA Educational Improvement Tax Credit Programs.

Learn more and register on ADVIS’s website, here.