Come on CNN, Where’s the Rest of the Story?

Was Paul Harvey the only member of the media that could tell the whole story? While it seems that the media has no problem with covering tax issues, they rarely demonstrate a true understanding of exactly what a tax credit is – and how tax credits can sometimes bring more to the bottom lines of business owners, than the products or services that they are in business to provide.

One example is a recent story by CNN – Hire an Ex-Con in Philly, Get A Tax Break.

While this story did a nice job of presenting the local spin on a Philadelphia program being offered for employers that create jobs for ex-offenders in Philly, it didn’t mention a single word about the treasure trove of Federal credits available to qualified business owners in the Philadelphia Federal Empowerment Zone and/or Renewal Community. What's up with that?

Stay tuned, for future posts, that will talk about a very special set of services that RetroTax provides to forward thinking visionaries in both the public and private sectors. I will explain how these programs are helping ex-offenders get a fresh start in life, while at the same time drastically reducing the rate of recidivism in these local communities.