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There are many ways to support your kids' school, but this one cost you nothing!
Similar to individuals, S-Corps & LLC's that file as S-Corps have the opportunity to make a dollar-for-dollar tax credit to support students from low-income households.
Key Points:
- Any S-Corp, LLC filing as S-Corp, or C-Corp with an Arizona tax liability can participate.
- Corporate donors can designate a school.
- Donations are a full tax credit off the corporations Arizona taxes.
- For pass-through corporations, the credit is passed through to its shareholders' individual Arizona taxes.
If you own a corporation or LLC filing as an S-Corp, please reach out for more information. Or, if you know someone who owns an eligible company, let them know about this opportunity and have them contact us.
The deadline date for corporate donations for 2021 is coming quickly. Please call this week to start the process.
We look forward to working with you.