ANNUAL TAX CREDIT
Under an Arizona program to help qualifying nonprofit organizations, Qualified Charitable Organizations have the opportunity to increase funds received from Arizona taxpayers under new Arizona law. Arizona taxpayers can claim a tax credit for cash donations made to New Horizons Disability Empowerment Center and get it all back as dollar for dollar state Tax Credit.
The new Arizona law doubles the maximum allowable amount taxpayers may claim from $200 to $400 for a single individual and from $400 to $800 for a married couple filing jointly. Please check with your accountant to confirm.
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