Friday, November 21, 2008

ACBVI charitable organization tax credit

Below is a note from my good friend Steve Welker. It has information on a way to make a donation to a great organization and receive the tax credit:

November 18, 2008

Dear family and friends,

It’s a fact — asking people for money is not easy. In this market, it might even seem downright foolish. But what if we told you that giving to the Arizona Center for the Blind and Visually Impaired (ACBVI) could actually save you money, or better yet, make you money? That’s not foolish at all and it’s an easy decision to make.

Your turn to benefit.
Did you know that when you support ACBVI with your financial contribution, the Arizona Department of Revenue rewards your support with a tax credit? It’s true. The Credit for Contributions to Charities that Provide Assistance to the Working Poor, better known as the Charitable Organization Tax Credit, allows you to take a dollar-for-dollar tax credit on your state return AND a deduction on your Federal return since ACBVI is a non-profit 501(c)(3) organization.

This year, you can take a credit up to $200 if you file as single or head of household, and up to $400 if you’re married and filing jointly.

You can take advantage of this credit if you: file a return in Arizona, itemize your charitable deductions and have deducted charitable contributions at least once since 1996. We encourage you to consult your accountant for details on how this tax credit, and giving to ACBVI, can positively affect your tax return.

In the meantime, if you are moved to donate to ACBVI, please make use of the donation form below. We appreciate your support beyond measure and encourage you to take full advantage of the Charitable Organization Tax Credit.

Sincerely,

Steve Welker
Chairman
ACVBI Board of Directors

To Donate click Here

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