The City of Scranton and Scranton School District have taken steps to eliminate the Business Privilege and Mercantile (BPM) taxes for 2022, in favor of a Payroll Preparation Tax (PPT).
While only select businesses are subject to the BPM taxes, the PPT will be applied more broadly to entities doing business in the City of Scranton.
By law, this transition must be revenue neutral – which means neither taxing body can generate more total revenue than what is collected under the BPM from the previous year. For some businesses this will result in a decrease in tax liability, while others will see an increase.
If fully approved, beginning in January 2022, the PPT will be imposed on a percentage of a business’s total payroll—at a rate of 0.002786775 by the City and 0.008064 by the School District. Likewise, all BPM liabilities will be eliminated.
Learn more about the details of this proposed action here.
*Please note, calculator is for estimation purposes only.
Today, we announced the finalists for the Fall 2021 SAGE Awards, the Scranton Awards for Growth and Excellence. The SAGE Awards honor outstanding local businesses for their talent, creativity, and innovation. The winners will be announced on Friday, November 12 at the Chamber Gala, a black-tie optional event held safely at the Hilton Scranton & Conference Center and presented by Fidelity Bank.
More than 80 applications were received for this year’s awards and 50 community leaders and professionals volunteered to review applications and select finalists. The Chamber is proud to honor businesses that are making valuable contributions to the region and contributing to our overall quality of life. The finalists, in each category, are:
BEST PRACTICES IN COMMUNITY INVOLVEMENT• Pioneer Construction Company Inc.• Posture Interactive• Scranton Area Community FoundationBEST PRACTICES IN CUSTOMER SERVICE• Center City Print• Hilton Scranton & Conference Center• theKIMMY
BEST PRACTICES IN MARKETING AND COMMUNICATIONS• Fidelity Bank• Horizon Dental Care• The Honesdale National Bank
BUSINESS OF THE YEAR• FNCB Bank• Golden Technologies• Posture Interactive
HOMETOWN STAR• Children’s Advocacy Center of NEPA• Scranton Jazz Festival• Scranton Tomorrow
IMPACT: COMMUNITY OUTREACH• Friends of the Poor• NeighborWorks of Northeastern Pennsylvania• The University of Scranton
IMPACT: PEOPLE AND CULTURE• Golden Technologies• Hematology & Oncology Associates of Northeastern Pennsylvania, PC• The Settlers Inn
IMPACT: PRODUCTS AND SERVICES• Friends of the Poor• Montage Mountain Resorts• One Point, Inc.
NEW AND EMERGING BUSINESS OF THE YEAR• CTB Studio• Epic Revenue Consultants• Reed Advisory Group
NON-PROFIT ORGANIZATION OF THE YEAR• Agency for Community EmPOWERment of NEPA• Miller-Keystone Blood Center• Treatment Court Advocacy Center of Lackawanna County
SMALL BUSINESS OF THE YEAR• Center City Print• Noteology• Quest Studio
Congrats to all finalists!! The recipient of each award will be announced on Friday, November 12 at the Chamber Gala, a black-tie optional event held safely at the Hilton Scranton & Conference Center.
In addition, all award finalists can also win the People’s Choice Award, where the winner will be chosen by a community wide online vote on our website from Monday, November 1 through Friday, November 5.
Ufberg & Associates recently shared important and updated COVID-19 safety measures for the workplace. Review the presentation below for all details.
Watch our webinar with City Business Administrator Larry West as he discusses the proposal by the City of Scranton and Scranton School District to eliminate the Business Privilege and Mercantile Taxes in favor of a Payroll Preparation Tax.
On Monday September 13, the Scranton School Board will meet at the Scranton High School auditorium at 7:00 p.m. to consider action on this proposal.
The Chamber is proud to announce the promotion of Brianna Florovito to IGNITE Program manager. IGNITE is the entrepreneurship and business incubation program of the Chamber, which helps new businesses grow in Lackawanna County.
In this role, Brianna will manage the IGNITE Program by fostering entrepreneurs and their companies through education, counseling, networking, and mentorship. Her responsibilities include overall program management, client development, funding, marketing, events, and more.
Brianna started at the Chamber in 2019 as the workforce and entrepreneurial development specialist where she focused on economic and workforce strategies for the Chamber and its affiliates – SLIBCO, The Scranton Plan, and Skills in Scranton.
Brianna is also an instructor at Lackawanna College teaching GED classes. She recently co-authored an article “Subject Position and Manifestations of Workplace Followership” that was published in the Journal of Organizational Psychology.